FET's Fastbreak in the 24-Hour Chart

Artificial Superintelligence Alliance (FET) continuously positions itself as a viable investment in artificial intelligence (AI) related tokens.

Artificial Superintelligence Alliance (FET) token price displayed a significant surge on Tuesday, September 10, with a 13% gain in the 24-hour chart. This surge occurred as FET price rose from a low of $1.13 to reach a high of $1.31 in the past day.

Behind the FET Rally

Bitcoin’s (BTC) rebound near the $58K line on Tuesday seems to have sent ripples in the crypto market, which helped alleviate the state of uncertainty hounding the consensus. In some way, FET has benefited from this progress.

However, unlike other altcoins, FET does not suffer from over-reliance on Bitcoin. Sure, it tends to trend with other AI-related tokens, particularly Bittensor (TAO) on several occasions. But this time, it appears to have diverged from its ties with TAO, as recent gains were a result of major updates in its own ecosystem.

Artificial Superintelligence’s Collaboration with SingularityNET

Artificial Superintelligence Alliance comes off fresh from its partnership with SingularityNET to deploy the FET native token on Cardano. This expands the cross-chain capabilities of FET and strengthens its vision of creating a decentralized and ethical AI ecosystem that’s reinforced by Cardano’s infrastructure.

The introduction of native Cardano FET replaces SingularityNET’s AGIX native token on the Cardano blockchain. This update offers several advantages to users, including the direct conversion of AGIX to FET to simplify the migration process of holders in Cardano.

Furthermore, it rolls out updates to SingularityNET’s existing Ethereum-Cardano bridge. This paves the way for the seamless transfer of FET between the two chains and enhances the token’s liquidity and accessibility for users.

Fetch.ai Wallet Updates

Today, the Fetch.AI team announced the v1.0.2 update for its wallet. This upgrade introduces new branding, governance, security, performance, management, and currency support features to the platform.

With it, users can now vote on governance proposals and benefit from an auto-lock feature that automatically prevents access to their wallet when its app is minimized or closed.

Moreover, it lays down new stability and performance elements to address random crashes for iOS users, a new interface for easier management of multiple transactions, and expanded currency support.