Rising Trends in FET Coin (FET): Key Developments to Watch Out For!
- The recent weeks have seen a recovery in the cryptocurrency market, with local tokens in the artificial intelligence (AI) field standing out.
- This increase parallels the rise in shares of chip manufacturer Nvidia (NVDA), known for its close relationship with AI technology, listed on the Nasdaq exchange.
- With these developments, FET coin and other cryptocurrencies experienced a surge.
A resurgence in the cryptocurrency market, led by AI-focused tokens, mirrors the rise in shares of AI-associated chip manufacturer Nvidia. FET coin and other cryptocurrencies have seen a significant surge in response.
Impressive Increases in AI Coins like FET and AGIX
Nvidia’s share rise has caught attention today. However, investors are awaiting Nvidia’s earnings report on May 22. If the stock recovers on earnings, a heavy volume breakout could signal a buying opportunity. On April 24, Nvidia signed a deal to acquire Run.ai. According to TechCrunch, the price tag is $700 million. Run.ai helps developers use AI tools more efficiently and reveals Nvidia’s roadmap and priorities. Run.ai works with Nvidia’s Cloud AI product, which helps businesses “access an AI supercomputer from a browser” instantly.
