Fetch.AI is a network that uses the possibilities of artificial intelligence and machine learning to create an open-source decentralized finance (DeFi) system.
It was founded by Toby Simpson, Humayun Sheikh, and Thomas Hain in 2017. The Fetch.AI network has the following use cases.
- It optimizes DeFi trading.
- It optimizes transportation networks by finding the best routes and parking facilities.
- It has smart energy grids that help in the reduction of energy consumption whenever feasible.
- It assists in travel by compiling the best flights, hotels, and other travel solutions as per the user’s budget.
Read this article to learn more about Fetch.AI, its native token FET, the price prediction of FET 2024–2030, where and how to buy FET tokens, and whether it is a profitable investment in the coming years.
What is a FET Token?
FET is the native currency of the Fetch.AI network. It is an ERC-20-compliant token. It is both a governance token as well as a utility token.
The token holders are authorized to participate in the decision-making process of the network.
The tokenomics of the FET coin is given below.
Current Market Price: $2.33
Market Capitalization: $1,980,897,737
Fully Diluted Market Capitalization: $2,692,874,543
24 Hour Trading Volume: $142,272,471
Volume/Market Capitalization (24 hour): 7.24%
Circulating Supply: 848,193,896 FET
Total Supply: 1,152,997,575 FET
Maximum Supply:2,630,547,141
Fetch.AI (FET) Price Prediction 2024–2030
The current market price of the FET token is $2.33. The short-term price prediction of the FET token for the period from May to December 2024, with its low, average, and high prices and the average change in prices is given in the table below.
| Year | Low Price | Average Price | High Price | Average Change |
|---|---|---|---|---|
| May 2024 | $2.33 | $2.33 | $2.33 | – |
| June 2024 | $1.95 | $4.81 | $4.93 | 106.65 % |
| July 2024 | $2.04 | $2.30 | $5.03 | -1.03 % |
| August 2024 | $2.07 | $2.52 | $4.97 | 8.49 % |
| September 2024 | $2.00 | $4.35 | $4.96 | 86.91 % |
| October 2024 | $2.07 | $2.23 | $5.09 | -4.09 % |
| November 2024 | $1.96 | $4.51 | $5.07 | 94.12 % |
| December 2024 | $1.91 | $4.63 | $4.98 | 98.97 % |
The expected long-term price range of the FET token, with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $2.07 | $4.81 | $5.11 |
| 2025 | $5.00 | $5.51 | $5.89 |
| 2026 | $6.86 | $7.89 | $8.46 |
| 2027 | $8.95 | $9.96 | $10.48 |
| 2028 | $8.95 | $9.96 | $10.48 |
| 2029 | $11.04 | $12.30 | $12.68 |
| 2030 | $15.68 | $17.03 | $17.41 |
Where and How to Buy FET Tokens?
FET tokens can be bought from the following cryptocurrency exchanges.
- Binance
- UZX
- LBank
- Bluebit
- OKX
- Bitunix
- Gate.io
- Coinbase
The following paragraph explains how to buy Fetch.AI (FET) on any cryptocurrency exchange.
- Choose an exchange from the above list where you plan to conduct trade of FET tokens.
- Create an account on the exchange.
- Select a payment method such as a crypto wallet, debit card, credit card, or bank transfer.
- Link the payment method to the exchange and check whether the two are compatible.
- From the exchange’s purchase page select FET token.
- Make the payment and complete all the transactions as per the given instructions.
- The token that you purchased will be automatically credited to your account.
- Store the tokens safely in a cold wallet or cryptocurrency hardware wallet so that no online hackers will steal them.
What is the future of Fetch.AI (FET) as a Profitable Cryptocurrency Investment?
The general market sentiment of FET is bullish. 22 technical analysis indicators show bullish trends while 6 technical analysis indicators show bearish sentiments.
The 50-day SMA and the 200-day SMA of ETC are $2.30 and $1.347, respectively.
These data indicate that FET will be a profitable buy in 2024–2030. You can safely invest in FET tokens to get assured profit.
However, do not forget that cryptocurrencies are highly volatile and their prices tend to change according to the market conditions from time to time.
So, study the market conditions, price performance history, and on-chain innovations before finalizing your decisions.
