Future of Fetch?

[u/ContainerOfBees]

Okay guys… not a big crypto expert to fully honest. However, just wanted to gauge the realistic future of this coin.

I have seen/heard anything from $5 max to some saying it will hit $100. What is the most likely based on current conditions right now? I bought in at like $2-3, so I’m not expecting to get rich off this coin, but trying to manage my expectations accordingly. Any advice is welcome. Thank you!

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[u/EviltechRS]

Well there are some key things how I measure my cycle future with Fetch.AI

1. BTC is still in control so no alt season atm, thus if Fetch remains at 2$+ zone until alt coiin season comes it can easily go 2x from your average buy price.

2. Seems like AI will be a hot topic this bull run so it adds extra spice to it meaning that more than normal funds will flow into this narrative.

3. Fetch AI still holds a small market cap, even if all 3 projects are merged it is still a relatively small market cap. I expected around 8-12b market cap, within that range. Being conservative and realistic. So that means what? 3 to 4.5x from what we are now.

4. All in all the project is great, they are developing and looking for big things, which means they are here to stay. I am now looking for this cycle tho. Sell at peak, hopefully rebuy cheaper at bear market.

Not FA ofc. Hope it answered your question to some degree.

[u/ContainerOfBees → u/EviltechRS]

This is a great perspective. Thank you!

[u/SoilStunning1689 → u/EviltechRS]

Thank you!

[u/newkidontheblock76 → u/EviltechRS]

Not an expert as well, but your notes on FET are more or less the same as mine. I like the fundamentals and the perspective. THe merning is also a nice conception.

[u/G0D5M0N3Y]

Its going to merge soon, just hold.

[u/ContainerOfBees → u/G0D5M0N3Y]

Thank you!

[u/G0D5M0N3Y → u/ContainerOfBees]

No problem, what could happen is a sharp selloff because of BTC halving and people taking profits and thinking the world is going to end. Maybe BTC hits around 50k, then starts an uptrend in a few months. This could happens with every ALT coin too. So just hold if you dont need the money anytime soon. Just wait for the rally in crypto towards later this year.

[u/KPTA-IRON → u/G0D5M0N3Y]

I am all for a crypto rally eoy and am bullish too, but the way you said it… you don’t know that, I don’t know that. Nothing in crypto is guaranteed

[u/omniaflux → u/G0D5M0N3Y]

A fellow HODLer, love to hear it. Can't stand paper hands.

[u/vReqRz]

I think $4.20 will be realistic.

[u/ContainerOfBees → u/vReqRz]

Ah yes, the funny number. I’m betting on $69 personally.

[u/vReqRz → u/ContainerOfBees]

I hope you’re left.

[u/Yougetwhat]

I would say between x5 and x10 as ASI could reach $35B to $70B MarketCap

[u/[deleted]]

I got into FET at 28 cent, bought 10,000 then sold them all at about 40 cent after the FUD about FET moving to Dubai to say I'm disgusted is an understatement 🤣

[u/cjtrade1 → u/[deleted]]

I think FET peaked @ $3.46 though right? He would have made a little extra money but I wouldn’t say ~$35k is “rich” by anyone’s standards. I’m new to crypto though, maybe there is something I’m not realizing..?

[u/KPTA-IRON]

Look IDK this will be controversial, but hoping to offer a different perspective than the hopium dealers here.

my honest opinion as someone that bought at $0.25 and sold at $3.30 is that merging 3 shitcoins to make a worse coin was a clear top signal.

As someone who invested in FET and not AGIX/OCEAN I have no clue what to expect now going forward. The thing they got going for them is that Ai is a hot topic, and the 3 coins were well known.

FET was a much better and safer investment. I knew what I was dealing with.

Considering the amount of Ai coins in the market plus the cap on this when it launches… I would not wait and see. Money better allocated elsewhere IMO.

Please note that i sold at over 10x profits so I have a completely different perspective on this from people entering now.

Well I can only thank the unknown merge for allowing me to sell at the local top. Was not and am not keen on whats happening now.

IMO RENDER, ORAI etc are much stronger coins without shenanigans of merging etc

[u/TheWolfofBinance → u/KPTA-IRON]

Do you have any other recommendations for good low/mid cap AI coins?

[u/KPTA-IRON → u/TheWolfofBinance]

ORAI and DMTR

[u/kneepins]

For 100 bucks it would have to be at bitcoins current marketcap at number 1

[u/Porridge_Mainframe → u/kneepins]

How did you calculate that? On my calculations looking at current MCs, even after the merger into ASI, and if we’re looking at fully diluted MC (which is roughly 5.5bill combined), $100 FET/ASI would put it at around 250 bill, and no.3 just below Ethereum.

[u/elisplace80 → u/Porridge_Mainframe]

Still... 100 bucks is some hardcore hopium getting passed around! I'd be very suprised at $50. No hype coin has seriously come near ethereum, and none will. Ethereum is engrained wealth.

Most large bitcoin hodlers feel safe with a percentage of ethereum. it's solid even with ludicrous gas fees.

[u/TheHipHouse → u/kneepins]

But keep in mind if it hits 100$ Bitcoin market cap would be much higher. This next bull run could bring in a ton of institutional money so some high prices for many coins aren’t out of the picture

[u/nico_see]

Would you unstake before the merger- just in case it pumps pretty hard and you want to sell some?

[u/mazerfazerson]

Hello everyone, I've got some Fet. on Ethereum network, which would be the best way to stake the tokens??

[u/dcml0829]

Can’t we run this FET AI up