Fetch.ai (FET) Soars 29.80% Amid Altcoin Market Surge Despite Bitcoin (BTC) Struggles

• While Bitcoin (BTC) hasn’t yet reached a safe zone, some altcoins have shown noteworthy gains.
• The altcoin market remains on edge due to Bitcoin’s failure to surpass $66,000.
• Nevertheless, certain projects, notably AI-based ones, have managed to buck the trend.

Discover which altcoins have surged in the last 24 hours despite Bitcoin’s volatility in our latest report on the crypto market trends.

Fetch.ai (FET) Emerges as Top Gainer

One of the standout performers in the volatile crypto market has been Fetch.ai (FET), which recorded a significant 29.80% increase in the last 24 hours. As an AI-driven cryptocurrency, FET has gained confidence among traders despite the broader market’s turbulence. This remarkable rise has positioned FET at the top of the gainers’ list.

SingularityNET (AGIX) Follows Close Behind

Another AI-based token, SingularityNET (AGIX), witnessed a notable 25% increase in the past day. Riding the momentum alongside FET, AGIX has made a robust return to the top-performing altcoins list. Investors are keenly watching to see if AGIX can maintain its upward trajectory.

Akash Network (AKT) Continues to Impress

Akash Network (AKT), known for its leadership in cloud services, saw a 10.17% rise in the last 24 hours. AKT has frequently appeared among the top gainers recently, boosting investor sentiment and raising expectations for an altcoin bull run. The crucial level to watch for AKT is the $10 mark, which will likely shape its short to mid-term price movement.

Sui (SUI) Signals Bullish Sentiments

The Sui ecosystem has been in the spotlight recently due to its active developments, which have positively impacted its price. With a 5.60% increase over the last day, SUI appears to be signaling early signs of a bull market.

Bittensor (TAO) Maintains Steady Growth

In the AI category, Bittensor (TAO) showed a 5.20% performance increase in the past 24 hours. With growing interest in AI-driven projects, TAO is expected to continue its upward momentum if demand in the AI sector remains strong.

Conclusion

Despite the overarching uncertainty in the crypto market led by Bitcoin’s inability to break past key resistance levels, certain altcoins, especially those tied to AI technologies, have demonstrated notable resilience and growth. Investors should remain cautious and conduct thorough research, but the trends suggest a promising outlook for selected AI-based altcoins in the near future.