Krutika Adani
A crypto whale that offloaded FET tokens at $1.03 reconsidered its position and decided to re-buy them at a high price of $1.33.
FET had been highly bullish this month, with a 7% gain in the last 24 hours before the whale started buying.
The alliance made of Fetch.ai, Singularity and Ocean Protocol has announced the establishment of an “Innovation Lab” in San Francisco.
Based on its rounding bottom chart pattern on daily charts, FET is supposed to cross $1.5 soon. Given its recent bullishness, the token might also cross $2 by the end of the year.
After the three entities, Singularity NET, Fetch.ai and the Ocean Protocol, merged their infrastructure, the resultant project, Artificial Super Intelligence Alliance, has made strong price gains.