Fetch.AI (FET) Price Gains Another 15% Following This Big News

Fetch.AI (FET) has demonstrated remarkable performance in the crypto market today, securing its position among the top-three performers. The asset witnessed an impressive 17% gain within the last 24 hours, marking a significant milestone by crossing the $2 threshold for the first time ever. This surge, propelling Fetch.AI to the 64th place among the top cryptocurrencies by market cap, is a testament to the growing investor confidence and market optimism surrounding its technological advancements and future potential.

Why Is Fetch.AI Price Up Today?

This surge in FET’s price can be attributed to a pivotal announcement by the Fetch.AI Foundation, which has evidently ignited investor interest. On March 5, 2024, the foundation unveiled a substantial infrastructure investment with the introduction of “Fetch Compute,” following a $100 million investment aimed at enhancing the development capabilities within the AI economy.

Introducing: Fetch Compute