{"id":336109,"date":"2021-09-08T01:02:24","date_gmt":"2021-09-07T22:02:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/fetch-ai-fet-ignores-the-bitcoin-led-market-meltdown-by-notching-a-60-gain\/"},"modified":"2021-09-08T01:02:24","modified_gmt":"2021-09-07T22:02:24","slug":"fetch-ai-fet-ignores-the-bitcoin-led-market-meltdown-by-notching-a-60-gain","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/fetch-ai-fet-ignores-the-bitcoin-led-market-meltdown-by-notching-a-60-gain\/","title":{"rendered":"# Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain"},"content":{"rendered":"

“# Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain <\/strong>”<\/p>\n

The real-world adoption of blockchain technology<\/a> is a slowly developing process that requires the right use cases and a willing public who are open to new experiences to be obtained when one ventures outside of their comfort zone.\u00a0<\/p>\n

An increasing number of real-world app<\/a>lications appear to be the motivating factor behind the recent gains seen in Fetch.ai (FET), a protocol focused on building an open access, tokenized-based decentralized machine learning network that aims to support the smart infrastructure being built around the digital economy.<\/p>\n

Data from Cointelegraph Markets Pro and TradingView<\/a> shows that after hitting a low of $0.658 on Sep. 6, the price of FET spiked 70% to a new record high at $1.12 on Sep. 7 as its 24-hour trading volume surged 538% to $590 million. <\/p>\n

FET\/USDT 4-hour chart. Source: <\/em>TradingView<\/em><\/a><\/figcaption><\/figure>\n

The rapid increase in price and trading volume comes as the project tests a new multi-modal transport application called Deep Parking, an application built with AI and blockchain technology that helps automobile drivers locate empty parking spaces.<\/p>\n

The protocol has also achieved a \u201cglobal first\u201d on Sep. 7 when an on-board Fetch AI agent successfully interacted with Datarella\u2019s self-sovereign identity to allow the driver to rent a scooter from TEIR mobility.<\/p>\n

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This, Ladies & Gents, is a global first: a Tesla, after being identified by a gate control using on-board \u2066@Fetch_ai<\/a>\u2069 agents and \u2066@Datarella<\/a>\u2069\u2018s Self-Sovereign Identity #SSI<\/a>,enabling its driver to swith over to a scooter ride to the final destination #micromobility<\/a> pic.twitter.com\/hmCp4a0zUP<\/a><\/p>\n

\u2014 MOBIX (@MOBIX_AI) September 7, 2021<\/a><\/p><\/blockquote>\n