An AI-Focused Altcoin Surges Over 72% in One Week with New Updates
An altcoin in the artificial intelligence (AI) sector of digital assets has experienced significant growth in the past week as it prepares to release new updates. Fetch.AI (FET) is a blockchain platform that aims to utilize AI to automate tasks in various business sectors.
According to Messari, Fetch.AI’s platform allows users to build, deploy, and connect smart agents for automating web3 systems and transforming business models. The technology enables users to create open services using automation and AI in sectors such as supply chain, finance, travel, and predictions.
FET has seen a 69% increase in value over the past seven days, reaching a high of 72% after surging from $0.22 to $0.38. This surge coincides with Fetch.AI’s upcoming release of DeltaV technology, an AI chatbot powered by a large language model (LLM).
Revolutionizing Commerce with DeltaV Technology
DeltaV is Fetch.AI’s new search-based AI chat interface that leverages natural language conversations to handle end-to-end tasks for users. It aims to revolutionize commerce by enabling direct engagement between businesses and customers for tasks like booking transportation, travel arrangements, and more.
The introduction of DeltaV signifies Fetch.AI’s mission to transform the current aggregator-dependent landscape and deliver seamless AI-powered commerce that meets consumer expectations. FET is currently trading at $0.3709.
Hot Take: Fetch.AI Empowers AI-Driven Commerce
Fetch.AI’s recent surge in value highlights the growing interest in AI-focused altcoins. With its innovative technology and upcoming release of DeltaV, Fetch.AI aims to revolutionize commerce by enabling direct interactions between businesses and customers. By leveraging AI and automation, Fetch.AI is set to transform various sectors, including supply chain, finance, and travel. The platform’s ability to automate tasks and provide seamless AI-powered solutions positions it as a frontrunner in the AI economy. As the demand for AI-driven technologies continues to grow, Fetch.AI’s performance reflects its potential to disrupt traditional business models and drive innovation in the digital asset space.