The price of Artificial Superintelligence Alliance (FET) has experienced a decline today, primarily due to the broader market sentiment surrounding AI-powered cryptocurrencies. Recent discussions have highlighted the potential risks and volatility associated with AI-driven digital assets, which may have contributed to investor caution. Additionally, the announcement of a free version of ChatGPT by DeepSeek has raised concerns about increased competition and potential impacts on AI-related crypto projects, further influencing market sentiment.
Despite the current bearish sentiment, some analysts remain optimistic about FET's long-term potential. Predictions suggest that FET could see a significant price increase in the coming months, with expectations of an 11.26% rise by March 2025. However, the current market environment, characterized by a neutral Fear & Greed Index, indicates that investors are approaching AI cryptocurrencies with caution, which may be contributing to today's price movement.
FET's price has decreased by 2.19% today, with the current price standing at $0.772305. The cryptocurrency reached a high of $0.803553 and a low of $0.769515 during the day.