Why did the price of FET fall?

Artificial Superintelligence Alliance (FET) dropped 3.78% in the last 24 hours, following a strong 59.62% gain over the past week. This recent pullback is due to investors taking profits after the big rally, ongoing legal issues from a lawsuit involving the alliance, and overall weakness in the cryptocurrency market.

1. Profit-taking after a 60% weekly jump – Overbought signals and resistance near $0.45 led to short-term selling.
2. Legal issues with Ocean Protocol – A $286 million lawsuit accuses Ocean Protocol of dumping tokens, creating uncertainty.
3. Market-wide caution – The Crypto Fear & Greed Index is at 26 (showing fear), and Bitcoin’s market share is rising to 59.35%.

Deep Dive

1. Profit-Taking After a Strong Rally (Negative Short-Term Impact)

Overview:
FET’s price surged nearly 60% in one week, reaching a high of $0.45 on November 11 before pulling back to $0.34. The Stochastic RSI, a tool that measures if an asset is overbought or oversold, hit 100, signaling that the asset was overbought and prompting traders to sell and lock in profits.

What this means:

• Short-term traders moved their gains into safer investments, which was reflected in a 32% drop in FET’s 24-hour trading volume to $213 million.
• The price hit resistance around $0.395 to $0.41, a key technical level (38.2% Fibonacci retracement), which limited further upward movement and triggered selling.

What to watch:

• The 50-day Exponential Moving Average (EMA) at $0.37 is an important support level. If FET falls below this, it could lead to a deeper correction down to around $0.28.

2. Legal Uncertainty From Ocean Protocol Lawsuit (Mixed Impact)

Overview:
On November 4, Fetch.ai filed a lawsuit against Ocean Protocol, accusing them of selling 263 million FET tokens (about 10% of the total supply) through over-the-counter (OTC) deals without authorization. This allegedly caused downward pressure on FET’s price.

What this means:

• Initially, the lawsuit news caused a 40% price spike during the day, as some investors saw an opportunity to buy discounted FET tokens.
• However, ongoing legal risks now weigh on investor confidence. Ocean Protocol’s planned exit in October 2025 has already raised doubts about the alliance’s future and its vision for decentralized AI.

What to watch:

• The outcome of the court case and whether FET’s leadership, including CEO Humayun Sheikh, can maintain stability and confidence in the project.

3. Broader Market Challenges (Negative Impact)

Overview:
The overall cryptocurrency market declined by 0.36% in the last 24 hours. Bitcoin’s dominance increased to 59.35%, meaning investors are moving money away from alternative coins like FET and back into Bitcoin.

What this means:

• The Crypto Fear & Greed Index is at 26, indicating extreme fear among investors, which reduces appetite for riskier assets like AI-focused altcoins.
• Trading volume across the crypto market dropped 9.42% in 24 hours. FET’s turnover ratio is 0.264, showing low liquidity, which can increase price swings and volatility.

Conclusion

FET’s recent price drop is a result of a mix of technical correction after a strong rally, legal uncertainties involving the alliance, and cautious sentiment in the broader crypto market. While the project’s focus on AI offers promising long-term potential, the current legal challenges and market conditions present risks in the near term.

Key points to watch: Can FET hold above the $0.37 support level (50-day EMA) to avoid a deeper decline? And will the Artificial Superintelligence Alliance (ASI) resolve its internal conflicts to restore investor confidence?

What could affect the price of FET?

FET’s price is balancing between ongoing legal challenges and progress in its AI partnership.

1. Legal Battle Impact – A $286 million lawsuit with Ocean Protocol could affect long-term trust.
2. Token Merger Update – The ASI alliance integration may boost usefulness or face delays.
3. Big Investor Activity – Large buyers adding over 52 million FET tokens suggest short-term optimism.

In-Depth Look

1. Legal Challenges vs. Whale Buying (Mixed Effects)

Summary: Fetch.ai is suing Ocean Protocol for allegedly selling 263 million FET tokens without permission, which is about 10% of the total supply. This has put downward pressure on the price. However, buyers purchased 545 million FET tokens within 24 hours, pushing the price up by 40% (CryptoNewsLand). Also, more tokens are moving off exchanges than onto them, indicating accumulation.

What this means: Legal uncertainty might scare off big investors, but retail buyers and whales (large holders) are supporting the price. A positive court outcome or settlement could improve confidence, but a long legal fight might hurt trust in the Artificial Superintelligence Alliance’s governance.

2. ASI Token Merger & Ecosystem Expansion (Positive Outlook)

Summary: FET, AGIX, and OCEAN tokens are merging into the Artificial Superintelligence Alliance (ASI) to create a unified decentralized AI platform. Recent achievements include launching ASI-1 Mini, a Web3-based large language model, and a $50 million token buyback to reduce supply (CoinMarketCap).

What this means: If the merger succeeds, FET’s usefulness in AI agent markets and computing networks could grow, attracting more developers. Delays or technical problems could slow progress. After the merger, FET tokens will convert 1:1 to ASI tokens, which could increase value if adoption picks up.

3. Market and Technical Analysis (Neutral to Bearish)

Summary: FET is facing resistance at $0.45, which is the 100-day exponential moving average (EMA100), after a strong 79% weekly price increase. The Relative Strength Index (RSI) at 61 suggests the token might be overbought. The 200-day EMA at $0.63 is another significant resistance level. Overall market fear is high (Fear & Greed Index at 26), putting pressure on altcoins like FET.

What this means: If FET breaks above $0.45, it could reach $0.60. But if it falls below $0.37 (50-day EMA), it might drop to $0.28. Low liquidity compared to derivatives trading (spot vs. derivatives ratio of 0.34) increases the risk of price swings.

Conclusion

FET’s price depends on how the legal issues resolve, the success of the ASI merger, and continued support from large investors. While growth in the ecosystem and improved token economics offer potential gains, broader market challenges and technical signals suggest caution. Will FET’s AI story overcome regulatory and market hurdles? Keep an eye on updates about the ASI merger and token flow on exchanges.

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What are people saying about FET?

The community around Artificial Superintelligence Alliance (FET) is caught between excitement over technical trading signals and concerns about internal alliance conflicts. Here’s what’s currently making headlines:

1. Legal battle – A $286 million lawsuit is shaking confidence but also triggering a buying spree
2. Big price hopes – Traders are eyeing a $24 price target if FET holds above $0.35
3. Ecosystem growth – Launch of DevNet and token buybacks help counter negative news

In-Depth Look

1. Legal Dispute Sparks Concern 🚨 bearish

According to @enesonchain, Ocean Protocol sold $120 million worth of FET tokens after their merger, leading to a legal fight with Fetch.ai’s CEO. This transparency is appreciated but reveals cracks in the Artificial Superintelligence Alliance’s unity.
See original post
What this means: This situation is negative for FET because it shows internal disagreements and significant selling pressure. However, leadership’s active legal response helps reduce potential damage to the project’s reputation.

2. Technical Patterns Suggest Big Gains 📈 bullish

The community on CoinMarketCap points out that FET has been moving within a rising price channel for years. If it stays above $0.35, the token could reach $24, similar to a pattern that led to a 15,600% rally in 2021.
See analysis
What this means: This is a positive sign for traders who believe FET is at a cyclical low and ready to climb. Still, if the price falls below $0.35, it could signal trouble.

3. DevNet Launch Boosts Confidence 🤖 bullish

The @ASI_Alliance announced the launch of a closed beta for developers on their DevNet, marking a key step toward building a decentralized AI infrastructure.
See announcement
What this means: This development is encouraging because it strengthens FET’s core use case. However, widespread adoption of this technology will take time.

Summary

Opinions on FET are mixed. On one hand, positive technical signals and progress in the ecosystem suggest growth potential. On the other, the $286 million lawsuit raises questions about the stability of the alliance behind FET. Despite this, the token saw a 51% price jump in November, showing strong speculative interest. Keep an eye on the $0.35 support level and updates from the Southern District of New York court for the latest on the lawsuit. For those focused on AI, FET’s future depends on turning DevNet activity into real-world AI applications.

What is the latest news about FET?

FET is making waves amid legal challenges and big investor moves – here’s the latest update:

1. Lawsuit Sparks Rally (Nov 12, 2025) – FET jumped 51% even with a $286 million lawsuit accusing Ocean Protocol of dumping tokens.
2. Whales Drive Breakout (Nov 11, 2025) – Large investors buying heavily and moving tokens off exchanges pushed FET up 79% for the week.
3. $1.10 Price Target in Sight (Nov 10, 2025) – Technical indicators suggest a bullish trend if FET breaks past $0.41 resistance.

In-Depth Look

1. Lawsuit Sparks Rally (Nov 12, 2025)

What happened:
Fetch.ai filed a lawsuit against Ocean Protocol, claiming they converted 661 million OCEAN tokens into 286 million FET and sold 263 million FET tokens, which allegedly suppressed FET’s price. Despite this, FET’s price surged 40.7% within 24 hours as buyers stepped in, and more tokens were taken off exchanges (a net outflow of $1.35 million), indicating strong buying interest.

Why it matters:
This price jump shows that investors are focusing on FET’s potential rather than the legal issues for now. However, ongoing legal battles could create challenges for the Artificial Superintelligence Alliance (ASI) partnership. Traders are optimistic about FET’s role in AI, even though some technical signals suggest the token might be overbought. (Cryptonewsland)

2. Whales Drive Breakout (Nov 11, 2025)

What happened:
FET’s 79% weekly gain was supported by a large withdrawal of 88 million FET tokens from exchanges on November 7, the biggest since mid-October. Data also shows that traders are heavily betting on price increases, with long positions outnumbering shorts by 2.5 times and using leverage up to 50 times.

Why it matters:
Big investors (whales) accumulating FET and leveraged trading are causing price swings. However, the pace of tokens leaving exchanges has slowed after the surge, which could mean the rally might lose steam unless FET breaks above the $0.45 resistance level. (AMBCrypto)

3. $1.10 Price Target in Sight (Nov 10, 2025)

What happened:
FET recently moved above its 34-day exponential moving average (EMA) for the first time since September and tested a key Fibonacci retracement level between $0.395 and $0.41. Analysts have identified a weekly falling wedge pattern, which is often a bullish sign. If FET closes above $0.568, it could trigger a move toward the $1.10 target.

Why it matters:
The technical outlook is positive and aligns with growing interest in AI-related tokens. However, if FET falls below $0.37 support, it might retest lower levels around $0.28. (Coinpedia)

Conclusion

FET’s price is currently influenced by a mix of legal challenges, big investor activity, and excitement around AI technology. The key question is whether the Artificial Superintelligence Alliance (ASI) can maintain strong partnerships while benefiting from the rising demand for AI-focused tokens.

What is expected in the development of FET?

Here’s what’s coming up for Artificial Superintelligence Alliance (FET):

1. ASI Chain TestNet Launch (Q4 2025) – Finalizing a decentralized AI platform for public testing.
2. Agentic Discovery Hub (Q4 2025) – An AI-powered platform to evaluate projects and strategies.
3. Hyperon AI Model Upgrades (2026) – Improving AI models to be more efficient and smarter.

In-Depth Look

1. ASI Chain TestNet Launch (Q4 2025)

What’s happening:
On October 25, 2025, the developers started a closed beta called the DevNet to test ASI Chain, a decentralized blockchain designed specifically for AI applications. The upcoming TestNet phase will open access to more users who run nodes (computers that help maintain the network) and will add tools like a blockchain explorer (to track transactions) and support for cross-chain interactions (working with other blockchains). This modular blockchain aims to host AI agents, coordinate distributed computing power, and support AI-driven digital economies.

Why it matters:
This is a positive sign for FET because if the TestNet is widely adopted, it could strengthen FET’s position in decentralized AI infrastructure. However, there are risks like potential technical setbacks or competition from well-established blockchains such as Ethereum or Solana.

2. Agentic Discovery Hub (Q4 2025)

What’s happening:
According to Singularity Finance’s second half of 2025 roadmap, the Agentic Discovery Hub will be an AI-driven platform that helps users analyze and evaluate projects, investment strategies, and AI agent performance. It uses FET tokens for governance decisions and integrates with ASI:One (a human-agent interface) and MeTTa (a smart contract programming language).

Why it matters:
This development could increase the usefulness of FET within decentralized finance (DeFi) and AI agent ecosystems. Its success depends on how many users adopt it and how it competes with similar platforms like Fetch.ai’s Agentverse.

3. Hyperon AI Model Upgrades (2026)

What’s happening:
The alliance’s 2025 roadmap highlights plans to improve Hyperon, an AI framework that combines logical reasoning with deep learning. The upgrades aim to make the AI models more efficient, such as running advanced models on just two GPUs (graphics processing units), and to enhance the autonomy of AI agents.

Why it matters:
If these technical goals are achieved, it could be very positive for FET in the long run by attracting businesses that want efficient AI solutions. On the downside, delays in research or competition from open-source projects could slow progress.

Conclusion

FET’s roadmap focuses on building the infrastructure (ASI Chain), creating useful ecosystem tools (Agentic Discovery Hub), and advancing core AI technology (Hyperon). While challenges like legal issues with Ocean Protocol and market ups and downs exist, FET’s emphasis on modular, decentralized AI makes it a promising project to watch. The big question is whether ASI Chain’s TestNet will attract enough developers to support its ambitious goals.

What updates are there in the FET code base?

Recent updates highlight improvements in infrastructure and growth of the ecosystem.

1. ASI Chain DevNet Launch (October 25, 2025) – Early access to a decentralized Layer 1 blockchain designed for AI infrastructure.
2. ASI:One & MeTTa Integration (August 15, 2025) – New tools to improve how humans and AI work together and how AI agents think.
3. Agentverse Hosting Upgrade (August 15, 2025) – Better management of AI agents and easier interaction across different blockchains.

Deep Dive

1. ASI Chain DevNet Launch (October 25, 2025)

Overview: The Artificial Superintelligence Alliance (FET) has launched a closed beta version of its DevNet, marking the first step toward a blockchain built specifically for decentralized AI coordination. This Layer 1 blockchain is designed to support independent AI agents, enable communication between different blockchains, and allow flexible AI workflows.

Developers get access to tools like a blockchain explorer, a web wallet, and a faucet to test how AI agents can manage economies and governance. The blockchain is built using Cosmos SDK and supports Ethereum-compatible smart contracts, focusing on handling the heavy computing needs of AI.

What this means: This is a positive development for FET because it creates the essential infrastructure needed for large-scale AI agent deployment. It could attract developers and businesses interested in decentralized AI solutions. (Source)

2. ASI:One & MeTTa Integration (August 15, 2025)

Overview: The alliance introduced ASI:One, a unified platform that makes human-AI collaboration easier, along with MeTTa, a language designed for symbolic reasoning. These tools help developers build AI agents that can understand structured information and perform actions across multiple blockchains.

With this integration, AI agents can access APIs, analyze blockchain data, and interact with external services using natural language commands.

What this means: This enhances FET’s usefulness by making it simpler to develop AI agents, which could speed up adoption in areas like decentralized finance (DeFi) and the Internet of Things (IoT). (Source)

3. Agentverse Hosting Upgrade (August 15, 2025)

Overview: Agentverse, the platform for deploying AI agents, now supports multiple agents working together and “agent bridges” that connect different blockchains. New features include reputation scoring for agents and gasless transactions for small interactions.

Developers can also list their AI agents in a decentralized marketplace, using FET tokens for staking, payments, and governance.

What this means: This upgrade lowers the barriers for deploying AI agents, encouraging a more active ecosystem of specialized AI services powered by FET. (Source)

Conclusion

The Artificial Superintelligence Alliance (FET) is focusing on scalable infrastructure and developer-friendly tools to make FET the foundation of decentralized AI. With the launch of the DevNet and improvements to Agentverse, FET’s role is expanding beyond governance to become a multi-chain utility token. The key question is whether these technical advancements will lead to increased network activity after the TestNet phase.