FET Token Soars After Cardano Partnership and Fetch.ai Wallet Upgrades: Details
crypto-news-flash.com 14 September 2024 20:40, UTC - Artificial Superintelligence Alliance (FET) surged 16% in 24 hours, reaching $1.31 with a market cap of $3.27 billion.
- FET’s partnership with SingularityNET expanded its cross-chain capabilities on Cardano, improving liquidity and user accessibility.
The Artificial Superintelligence Alliance (FET) token has recorded a notable rise, surging by 16% within 24 hours on September 10. The price moved from $1.13 to a high of $1.31, positioning FET as a viable player in the AI-related token space. FET is trading at $1.32, reflecting a one-day gain of over 2%. Alongside this price surge, the trading volume saw a 31% increase, with $261.07 million worth of tokens traded between addresses.
Fetch.AI Wallet Update Increases Functionality
Another critical factor contributing to FET’s recent gains is the Fetch.AI team’s wallet update. The updated version 1.0.2 of the wallet was released on September 10 and comes with new branding, governance features, and performance improvements. The wallet now allows users to vote on governance proposals directly from the wallet, thus enhancing the decentralization of the network’s decision-making processes.
Furthermore, the update has an auto-locking feature that locks the wallet when the app is closed or minimized for enhanced security. Other enhancements included stability and performance enhancements, especially for iOS users, and the interface for handling multiple transactions.
Another major improvement is the addition of dynamic currency support, which allows users to display balance information in their chosen currencies. This feature improves universal usability as it enables users from various parts of the world to monitor asset prices and perform business in their preferred currency.
