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The excitement in artificial intelligence has surged with ChatGPT, driving the prices of AI tokens upward. Now, Coinbase has announced that it will list futures trading for FET Coin, the largest among three altcoins under the ASI umbrella.
FET Coin News
A recent announcement from Coinbase indicates that futures trading for FET Coin will begin on October 3, 2024, for Coinbase International Exchange. Following this news, the price of FET Coin rose approximately 4% to reach $1.719, and as of the time of this writing, it is finding buyers at $1.694. The listing of futures trading is expected to bring more liquidity, which is a positive sign for FET Coin in the short, medium, and long term.
ChatGPT, launched to users at the end of 2022, quickly garnered millions of users. The bot set a record for the fastest popular applications to reach 100 million users, undoubtedly fueling the excitement around artificial intelligence worldwide. In the cryptocurrency space, the parabolic growth of AI altcoins like FET Coin has been remarkable. In a challenging market environment, FET Coin surged 4304% over 469 days from the end of 2022 until March of this year. Even today, its price remains 3179% above its launch price, and 145% above the August 2024 low.
