In this article, we look at recent developments in the cryptocurrency protocol and review some FET coin price predictions and forecasts that might help you decide if you should buy the FET coin. So, what is fetch.ai ( FET)? What is a plausible target price for the near future? What is driving the price performance? The Fed also noted that the Russian war in Ukraine continues to pose upside risks to inflation adding to the discomfort. Sentiment in the cryptocurrency sector can be tough to fathom but some commentators suggest the US Federal Reserve hiking interest rates by 50 basis points, moving them into the 0.75%-1% range, while also predicting additional ones may have unsettled what is an already volatile and sensitive instrument. Those suffering include: bitcoin ( BTC) down 8%, Avalanche ( AVAX) down 13%, Solano ( SOL) down 10%, Cardano ( ADA) down 8%, Polkadot ( DOT) down 10% and Ethereum ( ETH) down 7%. On the day (6 May) FET, the fetch.ai native cryptocurrency began trading on the popular exchange Kraken its price has dropped nearly 8%.Īlthough this price movement does not appear to be much to do directly with FET or the listing - today many of the leading cryptocurrencies have taken sharp losses. Read more: Fantom price prediction: will it set new highs or not?.FET coin price prediction: can the Fetch.ai token rebound to new highs?.FET price rises as fetch.ai usage grows.Fetch.ai combines artificial intelligence with blockchain technology.US30 US Wall Street 30 (USA 30, Dow Jones)
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