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Fetch.AI Breaks Into Massive Rally Alongside AI Tokens

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Fetch.AI Breaks Into Massive Rally Alongside AI Tokens

FET, the native token of Fetch.AI, has reached a two-year peak, likely due to OpenAI’s announcement about its text to video generation tool.

Deutsche Telekom, a telecommunications company, has collaborated with Fetch.AI to support its blockchain advancement.

The company will run a validator to secure FET’s blockchain. OpenAI’s announcement about its latest AI tool, Sora, has flooded social media platforms, fueling anticipation among market participants about AI tokens in crypto.

FET hit a two-year peak on February 18, reaching $0.8420 for the first time since November 2021. The AI token has yielded nearly 30% gains for holders in the past week and 3% gains on the day.

(With inputs from Shikha Singh)

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