Our column on the news and prices of cryptocurrencies in hype in the last period is back, today we will analyze three well-established projects in the ecosystem: Fetch.Ai (FET), Chainlink (LINK) and Theta Network (THETA).
Prices and market statistics of Fetch.Ai, Chainlink and Theta Network cryptocurrencies
Let’s start from the first, linked to artificial intelligence: Fetch.ai (FET) has seen a notable increase in value, with a current price of USD 1.13 and a market capitalization of USD 940.6 million.
The trading volume in the last 24 hours was USD 305.1 million, while the outstanding supply is 832.3 million FET. The average holding time is 58 days, highlighting stable investor support.
With growing popularity, ranking 79th, Fetch.ai has reached an all-time high with a positive change of 56.51% over the past seven days, demonstrating significant interest and growth potential in the cryptocurrency market.
Chainlink (LINK) shows a current price of USD 17.91, with a market capitalization of USD 10.5 billion. Trading volume in the last 24 hours was USD 414.9 million, while the outstanding supply is 587.1 million LINK.
The average holding time is 74 days, indicating stable investor engagement. With notable popularity, ranking 12th, Chainlink had an all-time high but recorded a negative change of 9.9% in the last week, with the price falling by 4.13%.
Despite the recent correction, the solid base of supporters suggests a potential for recovery in the near future.
Theta Network (THETA) it currently trades at a price of $1.20, with a market capitalization of $1.2 billion. Trading volume in the last 24 hours was USD 28.1 million, while the outstanding supply is 1.0 billion THETA.
Although the all-time high was slightly surpassed with a change of -1.96%, the price change over the past seven days shows a modest growth of +5.64%.
Theta Network continues to consolidate its position in the cryptocurrency industry, offering a decentralized platform for video streaming, and with solid investor and user support.
Its presence on the market continues to arouse interest due to its potential to improve the experience of using online content.
Let’s now move on to the news involving crypto projects.
Fetch.Ai in collaboration with Deutsche Telekom
Deutsche Telekom’s collaboration with the Fetch.ai Foundation marks a significant milestone in the fusion of artificial intelligence (AI) and Web3 technologies. Through this partnership, Deutsche Telekom’s MMS subsidiary validates Fetch.ai’s decentralized network, demonstrating a fundamental technological advancement.
The Fetch.ai Foundation, a Dutch non-profit association founded by Bosch and Fetch.ai, is responsible for the development of Web3 and AI technologies within the Fetch.ai network.
This alliance builds on Deutsche Telekom MMS’ role as a network member and validator of security and integrity.
AI-driven autonomous agents facilitate asset management, transactions, and traffic flow evaluation, seamlessly integrating devices, individuals, and services into the blockchain realm.
Dirk Roder, leader of the Web3 Infrastructure & Solutions team at Deutsche Telekom MMS, highlights how autonomous agents will improve industrial applications and IoT integration, leveraging blockchain to improve industrial services, security and scalability.
The availability of the open-source source code of the Fetch.ai blockchain encourages collaboration between companies to revolutionize industries and foster innovation.
By protecting data storage and transmission and leveraging artificial intelligence to analyze blockchain transactions, this partnership promises to improve privacy, user control, and innovations in the healthcare, banking, and automotive industries.
Humayun Sheikh, CEO of Fetch.ai, highlights the potential of real-world use cases to improve the network with independent agents, AI and decentralized Web3 technology.
The partnership between Deutsche Telekom and Fetch.ai will be presented at Europe’s largest IoT and AI event, Bosch Connected Experience (BCX), on 28 and 29 February.
Through collaborative testing of blockchain ideas, the alliance aims to leverage Bosch’s expertise in the vehicle sector and Deutsche Telekom’s infrastructure to advance Fetch.ai’s goals.
By promoting commercial collaboration, the Fetch.ai Foundation encourages the advancement of AI and Web3 technology, paving the way for new ideas and business opportunities.
With a mission-driven approach focused on innovation and security, Deutsche Telekom and Fetch.ai aim to thrive in the ever-changing landscape of technology and blockchain.
Polygon and Chainlink on the wave of DeeStream
Polygon (MATIC) and Chainlink (LINK) are leveraging DeeStream (DST) to drive a decentralized streaming transformation. With DeeStream’s price at $0.035 and liquidity tied up, investor confidence is boosted.
DeeStream, after having been subjected to rigorous checks, represents a promising evolution in the digital content landscape. Its advent opens the door to unprecedented scalability and innovation.
Polygon, Ethereum’s layer 2 scaling solution, aims to improve scalability and usability. By using sidechains and plasma chains, Polygon relieves congestion and reduces gas expenses on the Ethereum mainnet.
Interoperability with Ethereum smart contracts ensures seamless integration and adoption into decentralized finance (DeFi) platforms.
On the other hand, Chainlink revolutionizes industries by securely connecting real-world data with blockchains.
In DeFi, accurate price feeds enable automated trading and lending, while in supply chain management, Chainlink ensures transparency and authenticity.
Additionally, Chainlink’s applications extend to the gambling, insurance, healthcare, and IoT industries, enabling various industries to have reliable and tamper-proof data.
DeeStream, with its innovative approach to streaming, offers pre-sale investors early access and revenue sharing opportunities. With DST as the primary payment currency, token holders have access to exclusive features, contributing to the decentralized streaming revolution.
As Polygon and Chainlink ride DeeStream’s wave, the future of decentralized streaming looks promising, driven by innovation and collaboration.
Source: https://cryptonomist.ch/2024/02/24/prezzi-news-crypto-fetch-ai-fet-chainlink-link-theta-network/
