Artificial Superintelligence Alliance—a name that conjures visions of futuristic possibilities—sees its currency, FET/USD, slipping yet again, down 3.2% just within the last 24 hours, now resting at a beleaguered $1.21. This represents a staggering decline of 13.0% over the past week, a stark difference from its earlier perch at $1.39.
Visualize the tumultuous terrain of its price trajectory; the juxtaposed charts below illustrate the coin’s erratic volatility over both the last day (left) and preceding week (right). Those gray bands—Bollinger Bands—offer a barometer of its behavior: wider bands whisper of heightened volatility, suggesting a turbulent trading atmosphere.
Delving deeper, we find a notable 18.0% reduction in trading volume over the past week, hinting at dwindling market enthusiasm. Meanwhile, the circulating supply has edged up by a mere 0.01%, now exceeding 2.61 billion tokens. This places FET’s circulating supply at a striking 95.97% of its total cap, which stands at a max limit of 2.72 billion. The current market capitalization fat has landed FET in the coveted #33 spot, with a robust valuation of $3.17 billion.
With the dance of digits signaling both caution and opportunity, investors remain vigilant in this unpredictable crypto saga.