The AI sector is boosted with hype for the remaining half of 2024 as large firms and governments step forward with multi-millions in investments. AI cryptos like Near Protocol (NEAR) and Fetch.ai (FET) are expected to gain notable momentum with their contributions and scaling solutions for AI-based products.
Despite robust developments, investors prefer the AI-powered DTX Exchange over Near Protocol (NEAR) and Fetch.ai (FET). The demand for the DTX hybrid platform is driven by its deflationary tokenomics, extensive use cases, and the capability to drive substantial growth in the AI sector through AI-powered tools, automation strategies, and quantitative trading approaches.
Fetch.ai (FET) Price Drops 27% During Token Merger Phase 1
Fetch.ai (FET), now rebranded as the Artificial Superintelligence Alliance (FET) has displayed a disappointing trajectory with high monthly losses. The amount of Fetch.ai (FET) has increased notably on different exchanges amid high selling activities, indicated by a 27% monthly decline combined with a 9% decline in trading volume.
The rebranded Fetch.ai (FET) has failed to take the best out of phase 1 of the token merger and the upcoming phase 2 has been unable to drive the price up. This chaos amid the merger of the best AI cryptos is triggering a wave of speculation among AI investors, leading them to dump Fetch.ai (FET) and seek other AI investments in the sector.
Bearish Trend of Near Protocol (NEAR) Concerns Investors
NEAR Protocol (NEAR) is the top-ranked crypto with the highest market cap in the AI crypto sector. The crypto has faced a major price bump after dropping 8% overnight, struggling to surpass the $5.7 threshold. Despite the recent ETF launch by Valour, supported by Near Protocol (NEAR), the price continues its sluggish momentum with rising bearish pressures.
Near Protocol (NEAR) is a visionary project in the AI sector without a second thought, advancing to provide innovative solutions for the broader adoption of AI-based products worldwide. Despite being an attractive option, savvy investors are reluctant to bet big on Near Protocol (NEAR), following its poor monthly performance and price declines.
AI-Powered DTX Exchange (DTX) Becomes Investor Favorite
DTX Exchange (DTX)Â brings up lucrative opportunities for savvy investors with its cutting-edge AI-powered trading platform. The project leverages a hybrid model with an updated regulatory framework to provide what is best for all communities of traders with 120k+ digital assets from financial sectors including stocks, forex, cryptos, equities, and contract-for-differences (CFDs).
The project has raised a massive $1.1 million in stage 2 of the public presale due to its global scope and advanced trading schemas for profit growth. DTX Exchange (DTX) is the first ICO project to utilize blockchain layer-1 technology to ensure seamless execution of trades in 0.04 seconds and user security with KYC-free onboarding and non-custodial wallets.
DTX Exchange (DTX) offers access to powerful trading tools and APIs with real-time market analytics and automation strategies to take the most out of volatile markets. Along with quant and algo trading approaches, the 1000x leverage is a ground-breaking addition to its suite of trading features that will empower traders to gain higher market positions with minimum capital.
Conclusion
While Fetch.ai (FET) and Near Protocol (NEAR) have a long road ahead toward notable price gains amid surging bears, DTX Exchange’s advanced platform with AI-based schemas will oust the need for other AI cryptos for profit maximization and value growth. Committing to innovation and emerging technologies, joining the DTX presale at $0.04 is the best decision to make at this time as the token price can surge beyond $1 upon hitting the mainnet.
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