FET has outperformed BTC over the past 24 hours, showing signs of a renewed rise. The artificial intelligence token, which recorded a 13.50 percent increase in the last 24 hours, became among the highest risers of October.
Fetch.ai (FET) gained 13.50 percent in the last 24 hours, strengthening the AI token’s cryptocurrency position with one of the best performances of October. This move comes after a month full of rises in which Bitcoin (BTC), the number one cryptocurrency in terms of market value, tried to rise above the psychological level of $ 35,000.
The rise of FET did not depend only on the movement of Bitcoin. In fact, the latest increase has been interpreted as being linked to a number of positive developments that may occur in the field of Artificial Intelligence (AI) over the next few weeks.
Fetch.ai also announced the launch of DeltaV, an open platform for the new AI economy, earlier in the month. The development impacted growth in the Fetch.ai network and increased adoption of the token.
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