FET token surged to a 3-month high of 0.85 USD, breaking a lengthy downtrend. The price increased by 9.10% in the past day, currently trading at 0.8476 USD.
Network activity has intensified, with Daily Active Addresses reaching 1,300 and Network Growth hitting 398. Whale accumulation is notable, as they purchased 21.2 million tokens in one day.
With strong demand from both retail investors and whales, FET’s Stock-to-Flow Ratio has increased, indicating potential future price rallies. FET may test 1.00 USD if market sentiment remains positive.
Leave a Reply