FET Token Sees Steady Price Increase Amid AI-Tech Boom

The Artificial Superintelligence Alliance's FET token has been experiencing a steady price increase, reaching $0.77 over the past 24 hours. This growth is attributed to sustained demand for AI tokens, with FET's price and volume indicating accumulation rather than a euphoric blow-off.

Market data shows that FET's market capitalization is around $2 billion, with the token having gained more than 30% in value over the past 30 days. However, it has underperformed the broader market this week.

CoinGecko and CoinMarketCap data reveal a 24-hour trading volume of approximately $153 million and $200 million, respectively. This highlights the depth of liquidity across major exchanges, including Binance, Bybit, and Crypto.com.