FET Surges on AI Narrative Optimism
The price of Artificial Superintelligence Alliance (FET) surged by nearly 5% over an 18-hour period, driven largely by renewed enthusiasm for AI and AGI tokens.
No new project-specific announcements were made during this time, contradicting the idea that a specific catalyst sparked the increase.
The broader AI narrative has picked up steam, with OpenAI's GPT-6 Astra and Nvidia CEO Jensen Huang's comments on AGI fueling speculation about the timeline for official AGI announcements.
This optimism spilled over into FET, which is marketed as a pure play on decentralized AGI and AI agents. The token's price oscillated between $0.17 and $0.176, consistent with moderate sector-wide lifts rather than isolated parabolic spikes.