According to Godfrey Benjamin
Fetch.AI has seen its user base expand steadily as more people learn about the protocol.
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Despite the perceived bearish slump in the broader crypto ecosystem today, Fetch.AI (FET) is bucking that trend—researchers report that it’s up by 24.47% at the time of writing to $0.4196
AI addresses have gained nearly 50% in value over the past week.
That Fetch.AI is leading the altcoin momentum today does not come as a surprise. It complements the fact that digital currency is known to have a high volatility that is often positively skewed, and it recorded a unique milestone helping to drive current sentiment.
Fetch.AI recently revealed its weekly roundup, in which it said it recorded more than five million transactions on its main net. This milestone is a significant one, as it shows more users are adopting and using its products, which also have a very positive impact on the FET token.
Fetch.AI is designed as a platform that democratizes access to AI technology with a permissionless network, upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global data network. With its scheduled upgrades thus far, the protocol seems to be living up to its potential.
The growing popularity of Fetch.AI’s ecosystem is yet another reason for the rising price of its token.
As a revolutionary project, Fetch.ai has been educating its community with AMAs and Twitter space sessions with its core experts. To drive home its understanding of its tech and how to use it.
