Why did the price of FET fall?
Artificial Superintelligence Alliance (FET) dropped 5.72% to $0.536 in the last 24 hours, underperforming the overall crypto market, which fell just 0.38%. Here’s why:
- Technical Weakness: FET fell below important support levels, with indicators showing continued downward pressure.
- Disappointing ETP Launch: The launch of 21Shares’ AFET ETP didn’t generate lasting buying interest.
- Altcoin Market Weakness: Investors moved away from AI-related tokens as Bitcoin gained strength (+0.28% dominance in 24h).
In-Depth Analysis
1. Technical Breakdown (Negative Signal)
FET’s price slipped below its 7-day and 30-day moving averages ($0.572 and $0.621), which are key technical support levels. The Relative Strength Index (RSI) is at 34.06, indicating the token is oversold but hasn’t yet shown signs of recovery. The MACD indicator confirms the downward trend is still in place.
What this means: Traders sold after FET failed to hold the $0.57–$0.61 support zone, an important price range based on past price movements. The next support level is around $0.51–$0.54, near the lowest prices seen in 2024. However, trading volume is down 8% compared to the monthly average, suggesting there isn’t strong buying interest to push prices back up.
What to watch: If FET closes above $0.57 on a daily basis, it could signal a potential rebound. But if it falls below $0.51, selling pressure may increase.
2. ETP Launch Didn’t Boost Demand (Mixed Outcome)
On September 17, 21Shares launched the Artificial Superintelligence Alliance ETP (AFET), which tracks FET along with other AI-related tokens like Ocean Protocol. Despite initial excitement, FET’s price dropped 8.4% in the week following the launch (source).
What this means: Exchange-Traded Products (ETPs) often take time to attract significant institutional investment. Some traders may have sold their holdings after the launch, especially given the overall weak market conditions. The success of the ETP depends on steady inflows of capital, which haven’t yet offset selling pressure from retail investors.
3. Altcoin Market Sentiment Weakens (Negative Impact)
The Altcoin Season Index, which measures how well alternative cryptocurrencies perform compared to Bitcoin, fell 21% last week. Meanwhile, Bitcoin’s market dominance rose to 58.32%. AI tokens like FET, TAO, and RNDR underperformed due to profit-taking and cautious investor sentiment.
What this means: FET’s appeal as an AI-focused token has been challenged by broader market factors, including disappointing earnings from NVIDIA in Q2 and reduced excitement around decentralized AI projects.
Conclusion
FET’s recent price drop is due to technical breakdowns, slower-than-expected interest from the new ETP, and a general decline in altcoin enthusiasm.
Key point to watch: Will FET hold above $0.51 with increased trading volume, or will Bitcoin’s rising dominance continue to weigh on AI tokens? Keep an eye on upcoming product launches from the Artificial Superintelligence Alliance, like the Agentic Discovery Hub, which could provide new momentum in Q4.
What could affect the price of FET?
FET is balancing growth opportunities with challenges in the market.
- ASI Ecosystem Growth – New tools and cross-chain connections increase usefulness
- AI Market Competition – Competitors like TAO and RENDER are gaining ground
- Regulatory Uncertainty – Global rules on AI and crypto could limit adoption
In-Depth Look
1. ASI Ecosystem Growth (Positive Outlook)
Overview:
The Artificial Superintelligence Alliance (FET) recently launched FET as a native token on the Cardano blockchain (September 2024) and introduced a $10,000 developer prize at ETHGlobal NY to encourage AI app development. Plans for a ticker change to ASI and new features like AI portfolio tools and autonomous trading agents are expected by late 2025, showing deeper practical use.
What this means:
Connecting Ethereum and Cardano blockchains improves token liquidity, making it easier to trade and use FET. Developer incentives can speed up adoption by encouraging new projects. Past token mergers (like AGIX and OCEAN combining into FET) have helped strengthen value, though there are always risks in execution.
2. AI Market Competition (Challenging Outlook)
Overview:
Competitors such as Bittensor (TAO, which gained 58% in one week in June 2025) and Render (RNDR, up 5% daily in July) are outperforming FET, which dropped nearly 10% over the past week. Interest in “AI Agents” has surged 320% this year, but FET faces stiff competition in the decentralized AI space.
What this means:
FET’s market value of $1.26 billion is smaller than TAO’s $3.33 billion and RNDR’s $1.87 billion, indicating less investor enthusiasm. Without unique AI features, like integrating CUDOS compute services, investors might shift to tokens with higher growth potential.
3. Regulatory Uncertainty (Mixed Outlook)
Overview:
The alliance’s base in Switzerland and Singapore offers some regulatory advantages. However, new U.S. and European Union proposals on AI data rules (August 2025) could make decentralized AI model training more difficult.
What this means:
Stricter regulations might slow down development but could also give FET an edge if it leads in compliance and transparency. Keep an eye on U.S. SEC actions regarding AI-related tokens after the 2024 elections.
Conclusion
FET’s future price depends on successfully building its multi-chain AI platform while managing competition and regulatory risks. The current price support at $0.53 matches lows from June 2025—falling below this could push prices toward $0.35, while rising above $0.65 might indicate renewed buying interest.
Will the ASI token merger spark strong network growth, or will broader market challenges outweigh technical advances?
What are people saying about FET?
FET’s price action is swinging between hopes for a breakout and concerns about consolidation. Here’s the quick summary:
- Chart analysts are eyeing $24 if FET can stay between $0.35 and $0.65, recalling past huge gains of up to 15,000%
- Big institutional moves underway – A Nasdaq-listed company plans to invest $500 million in FET, while Fetch.ai is buying back $50 million worth of tokens
- Momentum from Artificial Superintelligence Alliance (FET) merger – A $10,000 developer challenge at ETHGlobal NY is boosting confidence in the ecosystem
Deep Dive
1. @Fetch_ai: Long-term chart suggests 50x growth potential – bullish
"$FET is back in the 2020–2024 rally zone. The same setup could push it to $24 (+5,000%) if it holds $0.35."
– CoinMarketCap post (Aug 5, 2025)
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What this means: Technical experts see FET’s steady upward trend over several years as a sign it could grow dramatically. However, if the price falls below $0.35, this outlook could be invalidated.
2. @TRNR: Big corporate investor building $500M position – bullish
"Interactive Strength (Nasdaq: TRNR) raised $55 million from ATW/DWF Labs to buy FET, aiming to create the largest AI crypto treasury."
– Yahoo Finance (Jun 11, 2025)
View article
What this means: Large institutional buying can reduce the number of tokens available on the market, potentially driving prices up. With a market cap of $8.4 billion, this company has the resources to significantly impact FET’s liquidity.
3. @ASI_Alliance: ETHGlobal NY developer challenge supports ecosystem growth – neutral
"$10,000 prize for developers creating AI agents with ASI tools – a key test for real-world use."
– X post (Aug 15, 2025)
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What this means: This event encourages developers to build useful applications, which is good for adoption. However, the real impact depends on whether these projects lead to ongoing activity after the event.
4. @ali_charts: Technical warning of possible 43% drop – bearish
"FET is testing support at $0.66. If a bearish MACD crossover holds, a drop to $0.38 is likely."
– CryptoFrontNews (Aug 2, 2025)
View article
What this means: The technical indicators suggest a potential sharp decline, which conflicts with the positive fundamentals. This creates uncertainty depending on the timeframe traders focus on.
Conclusion
The outlook for FET is mixed. Institutional buying and developer initiatives from the Artificial Superintelligence Alliance (FET) point to long-term strength. However, recent price drops of over 25% in the last 90 days highlight short-term risks. Keep an eye on the $0.35 to $0.65 range—holding above $0.74 could confirm a bullish turnaround, while falling below $0.35 might lead to testing yearly lows.
What is the latest news about FET?
FET is working on gaining support from big institutions and forming real-world partnerships, even as it faces some downward price pressure. Here are the key updates:
- Neurodiversity Partnership (September 25, 2025) – FET teamed up with Neuro_0xy, a nonprofit focused on mental health, to use blockchain technology for social good.
- Price Drop After ETP Launch (September 23, 2025) – Despite launching the AFET ETP, FET’s price fell by 8.4%, testing important support levels.
- AFET ETP Launch (September 17, 2025) – 21Shares introduced an AI-focused exchange-traded product (ETP) in Europe, making it easier for institutions to invest.
Deep Dive
1. Neurodiversity Partnership (September 25, 2025)
Overview:
FET’s parent group partnered with Neuro_0xy, a nonprofit that supports people with conditions like ADHD and autism. The goal is to fund research and charitable projects using blockchain technology. This fits with FET’s plan to apply blockchain in areas that have a positive social impact.
What this means:
This partnership is generally positive for FET because it expands its use beyond just AI and decentralized finance (DeFi). It could attract investors interested in environmental, social, and governance (ESG) causes. However, it might not immediately affect FET’s price since it doesn’t directly add new features to the FET ecosystem.
(@cottonxbt)
2. Price Drop After ETP Launch (September 23, 2025)
Overview:
After the AFET ETP was launched, FET’s price dropped to $0.604, down 8.4% for the week. Analysts point out that $0.612 is a key support level. If FET falls below this, it could drop further to $0.573.
What this means:
This price drop shows a bearish mood in the market, likely because some investors are taking profits and are unsure about how much money the new ETP will bring in soon. Traders are closely watching the $0.612 level to see if the price will stabilize.
(Indodax)
3. AFET ETP Launch (September 17, 2025)
Overview:
21Shares launched the AFET ETP on the Euronext exchange. This product tracks FET and other decentralized AI tokens, aiming to bring more institutional investment into the Artificial Superintelligence Alliance (FET) ecosystem.
What this means:
This is a positive development because ETPs help increase liquidity (making it easier to buy and sell) and add credibility to the project. However, the price hasn’t moved much, which could mean the market is already saturated with AI-related products or that big investors are still cautious.
(Yahoo Finance)
Conclusion
FET is balancing growth through institutional products like the ETP and meaningful partnerships like the one with Neuro_0xy, even as its price faces downward pressure. While the ETP could boost demand over time, short-term market sentiment is fragile. The big question is: Can Neuro_0xy’s focus on humanitarian efforts help counteract the weak momentum seen in AI tokens?
What is expected in the development of FET?
The Artificial Superintelligence Alliance (FET) is making progress with these key developments:
- Agentic Discovery Hub (Q4 2025) – An interactive platform that uses autonomous AI agents to evaluate projects within the alliance.
- Cross-Chain MeTTa Compatibility (Q4 2025) – Expanding their smart contract language to work across multiple blockchain networks.
- ASI Token Migration (TBD) – Planning to combine several tokens into one unified ASI token for easier governance and use.
Deep Dive
1. Agentic Discovery Hub (Q4 2025)
Overview:
Singularity Finance, the decentralized finance (DeFi) branch of the ASI Alliance, will launch the Agentic Discovery Hub by the end of 2025. This platform will offer key performance dashboards and an AI-powered interface to explore projects within the alliance, all driven by autonomous AI agents (MEXC News).
What this means:
This development is positive for FET because it can increase user engagement and help investors allocate capital more efficiently. This could boost demand for FET-powered AI agents. However, if the AI integration is delayed or the user experience is poor, adoption might be limited.
2. Cross-Chain MeTTa Compatibility (Q4 2025)
Overview:
The alliance plans to extend MeTTa, their smart contract language, to support multiple blockchains like Ethereum and Cosmos. This will allow AI agents to interact smoothly across different blockchain networks (MEXC News).
What this means:
This is a neutral to positive step. Cross-chain support could increase FET’s usefulness by connecting different blockchain ecosystems. Success depends on how well the technology is implemented and whether developers adopt it. There is some risk due to the complexity of working across multiple blockchains.
3. ASI Token Migration (TBD)
Overview:
FET plans to merge with SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into a single ASI token. This unified token will simplify governance and use within the alliance. The exact timing is still uncertain and depends on the readiness of the ecosystem (Bitso Support).
What this means:
This is a positive long-term move, as combining tokens can strengthen the alliance’s market position. However, there may be short-term price fluctuations during the migration, and challenges related to token economics and community coordination.
Conclusion
The Artificial Superintelligence Alliance is focusing on integrating its ecosystem (Agentic Discovery Hub), improving technical scalability (MeTTa), and unifying its tokens (ASI migration) to build a stronger decentralized AI infrastructure. These efforts could increase the value and utility of FET, but success depends on smooth execution and market response.
How will broader trends in AI adoption affect the timing and success of these milestones?
What updates are there in the FET code base?
Recent updates focus on expanding the Artificial Superintelligence Alliance (FET) ecosystem and improving tools for developers.
- Agentverse Upgrade (August 2025) – A better platform for launching and managing AI agents
- MeTTa Language Integration (July 2025) – New smart contract language for AI logic across multiple blockchains
- uAgents Framework Launch (June 2025) – Easy-to-use toolkit for building autonomous AI agents
Deep Dive
1. Agentverse Upgrade (August 2025)
Overview:
The Agentverse platform got important upgrades to make it easier to deploy AI agents and connect them across different blockchains like Ethereum, Fetch.ai, and ASI Chain.
Developers can now list, host, and manage agents with a smoother interface that supports multiple blockchains. New features include real-time dashboards to track agent performance and automatic resource management for complex tasks such as decentralized machine learning.
What this means:
This is a positive development for FET because it lowers the technical hurdles for developers building AI-powered decentralized apps (dApps). Better cross-chain support could increase demand for FET tokens, which power agent operations across networks. (Source)
2. MeTTa Language Integration (July 2025)
Overview:
MeTTa (Meta-Type Talk) has been added to the core system, allowing AI agents to perform more advanced reasoning.
This new programming language helps agents understand and use structured knowledge to make smarter, context-aware decisions. According to a July 2025 update from Singularity Finance, MeTTa enables non-custodial trading agents that analyze data from over a dozen decentralized exchanges (DEXs).
What this means:
This update is cautiously optimistic. While it adds powerful AI features, developers will need to learn MeTTa’s new syntax. If widely adopted, FET could become a leader in self-optimizing decentralized finance (DeFi) systems. (Source)
3. uAgents Framework Launch (June 2025)
Overview:
The uAgents software development kit (SDK) was released, offering ready-made modules for managing identities and secure communication between AI agents.
This open-source toolkit reportedly cuts AI app development time by 40%. It also introduces Proof-of-Autonomy protocols, which verify agent decisions without needing a central authority.
What this means:
This is good news for FET because it makes building AI-driven services—like automated trading bots—faster and more secure. Increased ease of development should boost network activity and token use, while security features reduce risks from malicious agents. (Source)
Conclusion
The Artificial Superintelligence Alliance is focusing on improving developer tools and infrastructure to strengthen FET’s position in decentralized AI. With better agent frameworks and cross-chain support, the network is well-positioned for broader real-world use. It will be interesting to see how other AI blockchain projects respond to these advances.