Fetch.ai Surges 34% in a Week as AI Token Gains Surpass Broader Crypto Market

The crypto market held steady on Monday despite ongoing global macroeconomic concerns, including pressure from U.S. trade tensions that have continued to weigh on investor sentiment.

Among the few standouts in the AI token space, Fetch.ai ($FET) posted a weekly gain of more than 34%, outperforming most other digital assets—even after sliding 3.6% over the past 24 hours.

Built on Ethereum, Fetch.ai supports decentralized machine learning tools used in automated asset trading, energy optimization, and gig economy applications.

$FET Strategic Mergers and How Fetch.ai Is Powering the Future of AI Agents

In June 2024, Fetch.ai facilitated a merger with SingularityNET ($AGIX) and Ocean Protocol ($OCEAN), forming the Artificial Superintelligence (ASI) Alliance.

As part of the transition, $AGIX and $OCEAN holders converted their tokens to $FET, further consolidating Fetch.ai’s position in the AI crypto sector.

We are excited to announce a multi-billion token merger with @Fetch_ai and @oceanprotocol to create the Artificial Superintelligence Alliance, the largest open-sourced, decentralized network, and accelerate the race to AGI. Learn more: https://t.co/zT8Q1HbkEv pic.twitter.com/2U3VbeFfW5

— SingularityNET (@SingularityNET) March 27, 2024

Since the merger, the Fetch.ai ecosystem has grown to support more advanced agent-based AI systems across various sectors.

The platform has drawn attention from major tech firms—such as OpenAI, Meta, Gemini, and Nvidia—through various integrations and exploratory collaborations.

Real-World Adoption Boosts Fetch.ai Utility

On April 9, Fetch.ai announced a partnership with luxury automaker Mansory to integrate its ASI-1 Mini, a Web3-native LLM designed for agent-based AI, into upcoming vehicles.

Pioneering the next chapter in automotive luxury.
Together with @Fetch_ai, we’re bringing intelligent performance to life. 🏎🤖

Stay tuned for what’s coming.pic.twitter.com/q7joCWwTf5 https://t.co/WhYTzlQljG

— MANSORY (@MANSORYofficial) April 11, 2025

Mansory will also supply proprietary vehicle data to support training and optimization on the Fetch.ai platform.

On-chain data reflects growing engagement: over $52 million in transactions moved through the Fetch.ai protocol over the past seven days, according to IntoTheBlock.

Despite the platform’s advancements, $FET’s market price has lagged behind its development progress.

IntoTheBlock data shows that more than 80% of current $FET holders remain at a loss, highlighting the disconnect between usage growth and market value.

Fetch.ai Price Charts Show Mixed Signals

As of April 14, $FET traded near $0.502 after recovering from a local bottom at $0.42.

Technical analysis shows $FET still in a broader downtrend, having steadily declined from its December 2024 high above $2.20.

The token remains below its 100-day and 200-day moving averages—currently at $0.783 and $1.124—both of which now act as resistance.

However, short-term indicators have improved. $FET recently broke above its 20-day SMA at $0.459 and is now testing resistance at the 50-day SMA of $0.526.

A sustained move above $0.526 with strong volume could set the stage for a climb to $0.60, with the $0.78 level as a possible follow-up target.

$FET $FET has the potential to rapidly move toward the 1.55 – 2.20 range if we see a daily close above 0.60. These levels have historically triggered sharp price actions.

However, there’s a key caution:
If the rising lower trendline near 0.30 breaks down, we could see… pic.twitter.com/w0DQK8atBs

— Cihan Türkmen (@noktali_kanca) April 13, 2025

If $FET fails to hold above $0.459, it may retest the $0.42 support zone. A break below this level could push the price toward psychological support at $0.40.