Are you getting tired of meme coins that just trap people in the hype before the rug gets pulled out unexpectedly? Do you want something with actual fundamental value and a solid operational framework? Well, the FET token and its Fetch.ai ecosystem are essentially revolutionising blockchain decentralisation by bringing artificial intelligence into the mix. Sounds exciting, right? This very innovative project has pushed many cryptocurrency experts to look into the Fetch.ai tokenomics and study the potential of its native token FET. So far, the experts have but one prevailing narrative—a very bullish FET price prediction 2030 that promises attractive returns in the future.
Let’s see exactly what the experts are saying about the price of Fetch.ai:
Fetch.ai FET Price Prediction | Short-term
Connor of Crypto Empire on Youtube uses Fibonacci extensions to check where FET’s price could end up in the future. He said $5.70 is very attainable as we head towards the bull market’s last few runs— especially if the artificial intelligence narrative takes off.
Altcoin Disrupt thinks that FET could reach a maximum price of $1.00 or even $1.30 in the very near-term.
Investing Nerd expects the average trading price of FET to reach $0.75 to $0.78 this year. He also noted that should the coin’s price be able to break this level, it could easily make a new all-time high after that.
Investing Nerd also expects the next bull run to push FET’s price to $4.80, which is equivalent to 20x its most recent lows.
In Kaching King’s latest Fetch.ai video, he said he is convinced that the token is forming a secret bullish pattern that could eventually lead to a breakout. For 2022, he said that the recent price action of FET is cementing the 50-day moving average as a support level. This could eventually launch the average price of FET to a breakout closer to its resistance at $0.42.
FET Crypto Price Prediction 2030
Based on our extensive research, it looks like there is a generally positive outlook for FET’s long-term future price. These are some of the most notable ones:
Wallet Investor: Based on its own algorithm, Wallet Investor said that the average price of FET could rise to $0.71 in a year and spike to as high as $2.14 by 2027.
DigitalCoin: Its Fetch.ai price prediction used historical data for its price analysis. It thinks FET could hit $0.43 by the end of this year and reach $1.49 by 2030.
PricePrediction: Meanwhile, Price Prediction has an average forecast price of a whopping $8.00 by 2030.
It is very important to note that while many experts are making very bullish FET predictions, the cryptocurrency market is very volatile. The prices of any coin are ever-changing since trading never really stops. Therefore, you should also consider the many other factors affecting a coin’s price. This can include partnerships, new projects, product launches, management restructurings, or even news of celebrity endorsements. Here are some of the latest and hottest news about Fetch.ai FET that has significantly affected the coin price.
FET Price Prediction | Hottest News Updates
Fetch.ai’s 2022 Plans
By 2022, Fetch.ai plans to launch new applications, enhance its ecosystem, launch CoLearn v1.0 marketplace, further build its developer ecosystem, upgrade its ledger or mainnet, and enhance its DeFi agents and capabilities. In a detailed tweet, Fetch.ai released its roadmap for the first two quarters of 2022.
Fetch.ai also announced that it is looking to launch deep parking systems this year. A deep parking system is a smart parking concept use-case that enables drivers to find parking spaces in busy cities—a very sought-after concept today!
Fetch CEO also said that the company would be launching a social media platform on the Fetch ecosystem, which can then be integrated into Twitter and Linkedin.
Fetch.ai and Immortals
Immortals, which is a leading esports organisation based in the Great Lakes region, partnered with Fetch.ai to launch a year-long gaming influencer campaign called Team Fetch.ai.
The partnership will allow Fetch.ai to expand its reach to the growing demographic of gaming and esports viewers who are also very interested in learning about crypto.
Certain influencers were tapped for the project, endorsing Fetch.ai:
– Immortals Wild Rift pro GosuHoon
– Immortals streamer and Valorant content creator Pterodactylsftw
– Streamers AvaGG and Demisux, who worked on Queens Gaming Collective
DeFi Meets AI Cryptocurrency
Fetch.ai launched a service to combat the risk o flosses across DeFi. The DeFi agents toolkit can be set to automatically withdraw its users’ funds from Pancakeswap and Uniswap v2 based on predefined conditions. One condition could be the exchange rate for a given token dropping to a certain level.
Fetch.ai and Datarella
The MOBIX marketplace was built on the Fetch.ai blockchain. Its purpose is to enable e-scooter and bicycle users to earn MOBIX reward miles. These miles can then be converted into MOBIX tokens. The whole project aims to address the transportation and environmental concerns in urban areas by connecting micro-mobility service providers with available end-users. It incentivises urban residents to use eco-friendly transport.
Fetch.ai Brings AI and ML to NFT
The network also recently announced the launch of its NFT platform, Colearn Paint. The new platform will allow creators to generate NFTs using a machine learning algorithm.
Fetch.ai FET Price Prediction | The Fundamentals
FET Price Prediction: How does Fetch.ai work?
Fetch.ai is a next-generation protocol. World-leading AI experts invented it as a decentralised digital representation of the real world that uses autonomous software agents to perform useful economic work. From the name itself, Fetch.ai relies on Machine Learning and Artificial Intelligence as it brings together ML and AI to create an economic internet. In this environment, digital representatives of the economy’s moving parts can get useful work done through predictions and effective introductions.
Autonomous Economic Transactions
The ultimate goal of Fetch.ai FET is to automate a limitless number of markets that require tremendous manual intervention. The Fetch network aims to deliver near-frictionless marketplaces that operate quickly through autonomous economic framework transactions.
Another component of the Fetch.AI network is collective intelligence made up of machine and human intelligence in order to create a non-siloed AI model, leading to improvement in decision-making processes.
Debunking Existing Data Monopolies
Fetch.ai was also used to connect energy networks to smart grids by decentralising access to data, hoping to distribute the power of existing data monopolies. The FET platform boasts easy scalability on top of its use in metaverses.
FET is the native token of the Fetch.ai network. It is an Ethereum-based ERC-20 token that powers Fetch.ai. It is the payment method for all transaction fees in the ecosystem and a refundable method of registering on the ledger. The FET coin can also be staked to secure the overall network.
Price of Fetch.ai
Fetch.ai’s current price as of writing is $0.3388. It has a market capitalisation of $43.10 billion and is currently ranked 187th out of all cryptocurrencies.
Fetch.ai FET Price Prediction | Conclusion
All the experts are saying that both fundamentals and technical analysis support Fetch.ai. Its price is widely expected to spike in the near future, which some may consider characteristic of a good investment.
Disclaimer of our FET Price Prediction
The cryptocurrency market is very volatile and highly risky. Profitable trades are never ensured, and you always risk losing your entire capital. This is why you should only invest money that you can afford to lose.
Also, note that these price predictions can change at any time. Therefore, you should also do your research and not solely rely on what is written here. This article should not be considered investment advice.