Let's analyze the current performance of the FET (Fetch.ai) coin and investor sentiment:
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📈 Current Performance of FET
Current price: $0.6905
Change in the last 24h: -2.74%
High in the last 24h: $0.7139
Low in the last 24h: $0.6781
Trading volume (24h): $82.17 million
Market capitalization: $1.65 billion
Circulating supply: 2.39 billion FET
In the last month, FET showed a growth of approximately 59%, although it recorded a decline of about 11% in the last week. Year-to-date, the token appreciated by about 10%.
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📊 Investor Sentiment
According to the specific fear and greed index (CFGI) for FET, the current market sentiment is neutral, with a score of 57 out of 100. Last week, the index indicated "greed" with a score of 67, suggesting a reduction in recent optimism.
A detailed analysis of the indicators reveals:
Volume: Low, indicating less buying and selling activity.
Momentum: Weak, suggesting a sideways trend in the short term.
Dominance: High, which may indicate market concentration and potential for significant movements.
Social sentiment: Neutral, reflecting an absence of clear consensus among investors.
Additionally, there was a 15% increase in trading volume of AI-centric tokens, such as FET and AGIX, in the last 24 hours, driven by public discussions about the risks of artificial intelligence.
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✅ Conclusion
FET demonstrates solid performance year-to-date, with significant growth in the last month. However, the recent weekly decline and neutral sentiment indicate a consolidation phase. The increase in trading volume, especially in AI tokens, suggests that investors are attentive to the opportunities and risks associated with the sector.