2. On-Chain Activity: - Volume: $57.3M (24h), down 44.7% vs. previous day . - Whale Moves: 9% of supply moved to cold wallets in March 2025 .
3. Fundamental Update: - FET is part of the Artificial Superintelligence Alliance merger with Ocean Protocol and SingularityNET, transitioning to the $ASI token later in 2025 .
Targets: - Short-term: $0.45 (+7%) - Mid-term: $0.50 (+18.7%) if ASI merger hype resurges
Stop Loss: $0.405 (below March support)
### Why This Matters 1. Bearish Sentiment: Fear & Greed Index at 34 (Fear), with FET underperforming Ethereum Ecosystem tokens by 12.7% . 2. Merger Uncertainty: Investors await clarity on $ASI tokenomics, causing volatility . 3. Binance Integration: FET remains tradable on Binance (FET/USDT pair) and offers 25% APY staking .
🔥 SMASH LIKE if you’re holding through the ASI transition!🔥
#AI #DePIN #Binance
Pro Tip: Pair FET with a BTC hedge – FET’s correlation with Bitcoin dominance is -0.72 (30-day) . $BTC $ETH $FET
Current Price: $216 (as of April 5, 2025) Why Trade Now? - AI Narrative Resurgence: TAO rebounds 18% this week as NVIDIA’s AI summit hype reignites DePIN tokens. - On-Chain Signal: 9% supply moved to cold wallets (bullish accumulation). - Catalyst: Bittensor’s subnet upgrade goes live April 10.