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Description
Fetch.ai is bringing AI to the crypto economy through Digital Twins, which are powered by artificial intelligence. These Digital Twins can automate decentralized finance (DeFi) tasks, serving both individual users and aggregating vast amounts of data for on-chain oracles. These agent-based systems offer more flexibility, speed, and crypto-economic security compared to traditional oracle networks, positioning them as the future of DeFi.
This technology enables the creation of personalized oracles that manage users’ DeFi positions through decentralized and non-custodial protocols, enhancing the security and convenience of crypto asset management. Fetch.ai operates as an interchain protocol built on the Cosmos-SDK and utilizes a high-performance WASM-based smart contract language called Cosmwasm. This allows for the implementation of advanced cryptography and machine learning logic on-chain. Additionally, the Fetch.ai network can function as a layer-2 network for Ethereum and as an interchain bridge to other blockchain networks.
Sentiment Score
$FET has a sentiment score of 77/100 with 88.46% upvotes and 11.54% downvotes.
Market Cap
$FET has a market cap of $5.8B USD. It is classified as a HIGH CAP CRYPTO GEM.
Community Score
$FET has a community score of 94030 with the following statistics
- Twitter Followers: 227759
- Telegram Channel Subscribers: 15057
Developer Score
$FET has a developer of score of 53 with 89 repo stars, 35 repo forks and 20 subscribers. This data could be inaccurate and is based on our curated data to date.
Volume (24 hours) / Market Cap Ratio (VMR)
The VMR category for $FET is LOW with a VMC score of 0.064. The volume within the last 24 hours is $204M and the market cap is $5.8B. All figures are in USD
% Distance from last All Time High Price – ATH
The last ATH price for $FET was $3.5 and the current price is estimated to be at $2.3. The current price distance from its last ATH is 34%.