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Farming Simulator 25 coming in November to PC and consoles

GIANTS Software has confirmed the launch of Farming Simulator 25 as the ever-popular series introduces the latest installment of agricultural… Continue reading Farming Simulator 25 coming in November to PC and consoles
The post Farming Simulator 25 coming in November to PC and consoles appeared first on ReadWrite.

GIANTS Software has confirmed the launch of Farming Simulator 25 as the ever-popular series introduces the latest installment of agricultural action, available on November 12.

Nobody takes the art of farming as seriously as Simulator and fans are in for a treat with the new settings and machinery available in FS25. The land will be cultivated thanks to added gameplay features, visual improvements, and even a freshwater supply to grow rice.

The family-friendly series has amassed sales of more than 30 million copies since its initial release in 2008, with this latest edition set to continue the story.

Virtual farmers can embrace the great outdoors in three new settings, from an idyllic East Asian landscape to a typical North American environment in vast open space, and a Central European base with ponds and rivers separating serene green fields.

‘Farmers’ can work the land in solo or multiplayer mode, now able to grow two types of rice, spinach or other crops from an extensive list of more than 20 options.

Machine enthusiasts will enjoy the range of over 400 authentic vehicles and familiar farming machinery from established international brands, such as John Deere, New Holland, Massey Ferguson, Kubota, and many more.

A rewarding experience for everyone

GIANTS Software CEO Christian Ammann declared,  “Farming is a passion shared by many, both in real life and virtually.”

“Farming Simulator 25 enhances the series with deeper gameplay and greater immersion, becoming the favorite hobby for both experienced farmers and beginners,” he continued. 

“We cultivate this passion by providing a relaxing, family-friendly, community-oriented, and rewarding experience for everyone.” 

Ardent fans of the series will want to check out the Farming Simulator 25 Collectors’ Edition. The PC-exclusive box set includes a USB ignition lock to start the engines of in-game tractors, a 16-bit Mega Drive-inspired version plus a soundtrack CD with 15 original tracks from Chris Hülsbeck. 

Farming Simulator 25 is launching on November 12 for Windows PC (via Steam and the Epic Games Store), Xbox Series X|S, and PlayStation 5.

 

Image credit: GIANTS Software

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iOS 18 Beta 2 brings RCS toggle but many users left disappointed

At the WWDC 2024 event earlier this month, Apple introduced the iOS 18 update and set the tone for several… Continue reading iOS 18 Beta 2 brings RCS toggle but many users left disappointed
The post iOS 18 Beta 2 brings RCS toggle but many users left disappointed appeared first on ReadWrite.

At the WWDC 2024 event earlier this month, Apple introduced the iOS 18 update and set the tone for several new iPhone features. 

New light-touch additions will include the ability to place app icons anywhere on the home screen, to select light or dark mode for app icons, full customization for the control panel (which will now host a power button), and more. 

This week, Apple released the iOS 18 beta 2 to users signed up for its developer program, which appeared to introduce an RCS toggle in the Settings menu but all is not as it seems, not yet anyway. 

RCS should enable iPhone users to send audio or large media files across the divide to Android users, which will still show the green bubble but the Messages app will show the label “Text Message – RCS” in the conversation display. 

However, the RCS feature has only been made available to a select band of beta testers, confusing others on why it isn’t available in Settings.  Further frustration was sounded when some who have the new RCS toggle were not able to use it.

No guarantee of universal provision across all carriers

 9to5Mac has reported that iOS 18 beta 2’s code indicates Apple is working with carriers on a separate basis to update their bundles that ship with IOS, meaning until your network ensures RCS support is in place, you will probably not be able to use the feature.

AT&T and T-Mobile appear to be on board already in the US but some beta testers using these carriers have not been able to avail of RCS, so it is a work in progress at this stage. 

Overall, iOS 18 is only in beta and will not be available across the board until late this year, and hopefully, by then all major networks will have the appropriate RCS support enabled but there is no guarantee. 

The alternative is an instant messaging app with several popular options available or the more modest SMS for basic needs.

Featured image via Ideogram

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Dead by Daylight’s next survivor is no cowering victim, she’s Lara Croft

One of the worst-kept secrets in live-service games this year can finally be confirmed: Lara Croft will join the lineup… Continue reading Dead by Daylight’s next survivor is no cowering victim, she’s Lara Croft
The post Dead by Daylight’s next survivor is no cowering victim, she’s Lara Croft appeared first on ReadWrite.

One of the worst-kept secrets in live-service games this year can finally be confirmed: Lara Croft will join the lineup of survivors in the asymmetrical, multiplayer survival horror game Dead By Daylight.

In a post on X, Behaviour Interactive confirmed the Tomb Raider hero is already available in Dead By Daylight’s public test build, and will join the full game with an official Tomb Raider chapter beginning July 16.

This follows a solid two weeks of leaks, datamines, and other rumors that outed her as the game’s newest Survivor crossover, giving everyone time to nosh on the idea of Croft as a mincing terror victim who runs from a B-movie slasher instead of just whipping out a large-caliber sidearm and blowing him away.

The cocked-up reveal got going a couple of weeks ago with a bulletin from a noted X leaker that the hall-of-fame character was coming to the game. The leaker had previously been right about Dead by Daylight crossovers involving Alien, Alan Wake, and Dungeons & Dragons, but Behaviour Interactive kept mum.

Over the weekend, a Redditor posted a picture of an official-looking Dead by Daylight poster featuring the Tomb Raider star. Then, as Kotaku notes, Eurogamer accidentally hit send on a preview on Monday that read like a pretty solid confirmation of the collab. Eurogamer later pulled the article but, lo and behold, it returned Tuesday morning once Behaviour Interactive made things official at 11 a.m. EDT.

“With her experiences and skillset, Lara Croft perfectly embodies the characteristics needed to survive in The Fog and is right at home in the world of Dead by Daylight alongside other iconic characters,” Behaviour Interactive said in a news release. “Though she may be well-prepared for the Trials ahead, in the Entity’s twisted world, the future is never promised.”

How does Lara Croft play in Dead by Daylight?

With Croft comes three perks specific to her character: Finesse, which grants quicker “fast vaults”; Hardened, which in lieu of a terrified shriek reveals the Killer’s aura for anywhere from 3 to 5 seconds; and “Specialist,” which grants extra bonuses when rummaging chests for useful items to either kill the Killer or get out of Dodge.

Dead by Daylight’s most recent crossover was the D&D collab, which introduced Vecna as a killer, plus two more playable survivors. Other video game franchises have lent their heroes to the game, in addition to Alan Wake. Silent Hill 3 is represented with Cheryl Mason, and Resident Evil by Jill Valentine and Leon Kennedy.

Featured image via DeadByDaylight.com

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Bitcoin ETF outflows reach $1.3B as price falls

Over the past two weeks, United States spot Bitcoin (BTC) exchange-traded funds (ETFs) have experienced outflows totaling $1.3 billion as… Continue reading Bitcoin ETF outflows reach $1.3B as price falls
The post Bitcoin ETF outflows reach $1.3B as price falls appeared first on ReadWrite.

Over the past two weeks, United States spot Bitcoin (BTC) exchange-traded funds (ETFs) have experienced outflows totaling $1.3 billion as Bitcoin’s price continues to fall.

Farside Investors reports that the total outflow for Bitcoin ETFs reached $1.298 billion during this period, with Grayscale leading the exodus at $517.3 million. Interestingly, BlackRock’s Bitcoin ETF stands out as the sole fund reporting positive results, attracting $43.1 million in inflows over the same timeframe.

During this period, Bitcoin’s price has dropped 11.6%, declining from $69,476 on June 10 to $61,359 at the time of writing, according to TradingView data. This marks the most significant outflow since April when spot Bitcoin ETFs saw net outflows exceeding $1.2 billion between April 24 and early May.

Mt. Gox still haunts crypto

Jonathan de Wet — chief investment officer at ZeroCap — told Cointelegraph that he expects Bitcoin to potentially fall to around $57,000 in the coming weeks, citing Mt. Gox creditor repayments as a contributing factor. However, he notes that Bitcoin and Ethereum are “holding up surprisingly well” compared to the broader crypto market. In late May, the defunct company moved $840 million worth of Bitcoin.

Market observers have expressed concerns about potential downward pressure due to Bitcoin sales from the German government and anticipated Mt. Gox creditor repayments of nearly $9 billion expected in July.

Despite short-term challenges, de Wet maintains a bullish long-term outlook, citing the expected Ethereum ETF launch and potential easing of monetary policy towards the end of 2024 and into 2025. Also Brad Howell of Keyrock UK told DL News in late April:

It is fair to assume that anyone who had assets in Mt. Gox is an early adopter and more likely to lean towards the Bitcoin maxi end of the spectrum. […] Don’t expect large volumes of Bitcoin to sell off on day one.

Some analysts, including eToro’s Farhan Badami, suggest that the impact of Mt. Gox repayments may not be as severe as feared, noting that Bitcoin often prices in significant market events. Badami expects Bitcoin’s price to stabilize in the coming weeks, potentially ranging between $60,000 and $70,000, before potentially reaching new all-time highs in the months ahead.

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How to get Red Bear’s Claws in Elden Ring: Shadow of the Erdtree

If you’re looking to get up close and personal in the Elden Ring DLC, there are a few weapons that… Continue reading How to get Red Bear’s Claws in Elden Ring: Shadow of the Erdtree
The post How to get Red Bear’s Claws in Elden Ring: Shadow of the Erdtree appeared first on ReadWrite.

If you’re looking to get up close and personal in the Elden Ring DLC, there are a few weapons that grant you this wish.

Along with martial arts, there are claw weapons you can pick up to make things a little more rabid.

The Beast Claw is an easy early get but if you’re into how these work, there’s an additional Red Bear’s Claw weapon that takes things to another level.

Here, we’ll take you through how to get the Red Bear’s Claw in Shadow of the Erdtree so you can become one with the wild animals.

Where to find Red Bear’s Claw in Shadow of the Erdtree

To get Red Bear’s Claw in Shadow of the Erdtree, you will need to defeat its owner – Red Bear.

However, compared to the Beast Claw we touched on earlier, you will have to progress through some of the game in order to challenge the boss.

Starting at Moorth Ruins, head straight north and through the gap in the mountain. Continue through until you make it out of the other side.

Now, head west, through Rauh Base, past the giant enemies that have a large bow and halberd. We wouldn’t recommend fighting them as it’ll just waste time.

Carry on moving forward until you see a blocked spiritspring that you must open up to progress.

Move past this spirit spring in a southerly direction and hug the left-hand wall until you make it onto a ledged area.

Break the rocks that are at the end of this ledge and you should get a message saying that the spiritspring has been unlocked.

Jump on this spiritspring, and the next, and continue south toward the Northern Nameless Mausoleum.

Here is where Red Bear is situated, so simply defeat him and the Red Bear’s Claw will be yours, alongside his armor set.

Other Elden Ring: Shadow of the Erdtree pages you might like:

How to get the Backhand Blade
Shadow of the Erdtree Boss List
Who is the Shadow of the Erdtree Final Boss?
Best Interactive Map for Shadow of the Erdtree
How to get Scadutree Fragments
Shadow of the Erdtree leveling system explained
How to access Shadow of the Erdtree DLC
How to find the Blade of Mercy Talisman

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Here are the 25 toughest home fields in College Football 25

EA Sports’ old NCAA Football series had an unusual mechanism that was a nod to the large home–field advantages that… Continue reading Here are the 25 toughest home fields in College Football 25
The post Here are the 25 toughest home fields in College Football 25 appeared first on ReadWrite.

EA Sports’ old NCAA Football series had an unusual mechanism that was a nod to the large home–field advantages that big time programs had, even over rivals or higher ranked teams. That returns with College Football 25 on July 19, as does the ranking of the toughest buildings to play on the road. Tuesday, EA Sports released its initial ranking of the 25 baddest facilities in the nation.

This will change during a player’s long–term mode playthroughs, like Dynasty or Road to Glory. Just because Oregon State isn’t on this list, if you pick the Beavers for your coach or stud quarterback and start racking up the wins, the crowds will turn out, and Reser Stadium will become a chamber of horrors for opposing teams, as much as rival Oregon’s Autzen Stadium is in real life. One of my pals turned Air Force’s Falcon Stadium, of all places, into the nation’s most fearsome venue. It’s part of the fun of College Football 25.

How does this homefield advantage manifest in–game? At a preview event at EA Sports’ Orlando studio in May, designer Scott O’Gallagher said the feature was an homage to NCAA Football 06, when it was first introduced and visiting players noticed their pre–snap play art was a bunch of squiggly lines, and hot–routing receivers was all but impossible.

But in College Football 25, a tough home field advantage will manifest in other ways. “You may see more drops [of passes], tackling becomes harder, or you’re breaking more tackles, things of that nature,” O’Gallagher said. “But what a freshman is, in [Clemson’s] Death Valley, and how he reacts is not the same as, maybe, a seasoned senior.”

Moreover, just because a team isn’t on this top 25 of tough places doesn’t mean they have no homefield advantage. Reser Stadium, for example, can be tough sledding even if the Beavers aren’t a top 10 team, O’Gallagher said.

“But it’s not the same as playing the Horseshoe (Ohio State’s Ohio Stadium) or Death Valley, right?” he said. “So we’ve taken our toughest places to play, this meter scales, the impacts get greater. You might not be able to hot route as much as you’d like. Audibles become tough. We’re really trying to replicate how hard it is to communicate in these venues.” Players might even see trouble with just snapping the ball, especially on long snaps, the more hostile the territory.

What are the 25 Toughest Places to Play in College Football 25?

Here are the top 25 toughest places to play out of the box in College Football 25, with some notes where appropriate:

Kyle Field – Texas A&M. This is the home of the Aggies’ fabled 12th Man, and the wall of sound coming from A&M’s Corps of Cadets and students standing for the entire game.
Bryant–Denny Stadium – Alabama
Tiger Stadium – LSU. The university’s geosciences department is about 1,000 feet from Tiger Stadium, and in 1988 seismologists noted a significant tremor after quarterback Tommy Hodson tossed a fourth-down touchdown pass to Eddie Fuller to upset Auburn 7-6.
Ohio Stadium – Ohio State
Sanford Stadium – Georgia
Beaver Stadium – Penn State
Camp Randall Stadium – Wisconsin
Gaylord Family Oklahoma Memorial Stadium – Oklahoma
Doak S. Campbell Stadium – Florida State
Ben Hill Griffin Stadium – Florida
Autzen Stadium – Oregon. Oregon constructed Autzen around an artificial crater to prevent the need to build multilevel ramps to its upper seats. This resulted in the tight bowl formation where the screaming abuse of 60,000 Duck alumni and fans can sound like 120,000 on critical third downs.
Memorial Stadium – Clemson
Neyland Stadium – Tennessee
Jordan–Hare Stadium – Auburn
Williams–Brice Stadium – South Carolina. I saw U2 and Public Enemy play a show here in 1992. Greatest concert I’ve ever seen. Still have the ticket.
Michigan Stadium – Michigan
Lane Stadium – Virginia Tech
Rice–Eccles Stadium – Utah
Darrell K Royal – Texas Memorial Stadium – Texas. This is actually Joe Jamail Field at Darrell K Royal – Texas Memorial Stadium (and there is no period after the middle initial, Royal’s middle name is literally one letter, like Harry S. Truman). Jamail is one of America’s great junkyard dog lawyers, who made a fortune suing Texaco in the 1980s.
Kinnick Stadium – Iowa. Home of one of the great traditions in college football. The University of Iowa’s Children’s Hospital overlooks the east stands at Kinnick, and after the first period ends, everyone turns and waves to the kids watching the game from their windows.
Notre Dame Stadium – Notre Dame
Spartan Stadium – Michigan State
Donald W. Reynolds Razorback Stadium – Arkansas
Albertsons Stadium – Boise State. The Smurf Turf. ‘Nuff said.
Davis Wade Stadium – Mississippi State

Featured images via EA Sports

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Marc Cuban’s crypto wallet awakens with NFT sales

After nearly two years of inactivity, a crypto wallet associated with billionaire Marc Cuban has resumed selling non-fungible tokens (NFTs).… Continue reading Marc Cuban’s crypto wallet awakens with NFT sales
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After nearly two years of inactivity, a crypto wallet associated with billionaire Marc Cuban has resumed selling non-fungible tokens (NFTs). Mark Cuban is a major personality in the NFT space, which is further exacerbates the gravity of him selling.

On June 23, the wallet identified by the Ethereum Name Service (ENS) domain “markcuban.eth” began offloading various NFTs, including EulerBeats Genesis, DeepBlack, Pudgy Penguins, and Wrapped MoonCats. The wallet’s previous transaction occurred on January 13, 2022, when a Roc Aero Pitch Deck NFT was sold for $33.73.

Over the past two days, Cuban’s wallet has sold 14 NFTs, totaling approximately $38,533. The most valuable sale was Pudgy Penguin #6239, listed at 9.06 Wrapped Ether (WETH), equivalent to $30,578. Other NFTs sold ranged from $22 to $1,800 in value.

High-value sales potential

Two additional high-value NFTs remain listed in the wallet. A Hashtag NFT #MFFL is priced at 15 Ether (ETH), worth over $50,000, while a BibleNFT piece titled Deuteronomy 25:4 is listed for 5 ETH (about $16,000). If sold, these transactions would push the wallet’s total sales beyond $100,000.

Interestingly, this NFT sell-off coincides with a recent security breach reported by Cuban. On June 23, the 65-year-old investor claimed his Gmail account was compromised following a fraudulent call. Cuban warned his followers about potential unauthorized emails from his account. Two days later, he announced the successful recovery of his account, thanking Google’s team publicly.

A thank you to @google for your help in getting my account back. Truly appreciate all you did.

— Mark Cuban (@mcuban) June 24, 2024

While the NFT sales occurred on the same day as the reported hack, it remains unclear whether the two events are connected. This isn’t the first time Cuban’s crypto assets have faced security issues.

Who is Mark Cuban?

Mark Cuban is a prominent American entrepreneur, investor, and media proprietor. Born in 1958 in Pittsburgh, Pennsylvania, Cuban rose to prominence in the business world during the dot-com boom of the late 1990s. He co-founded Broadcast.com, an internet radio company, which was later acquired by Yahoo! for $5.7 billion in 1999.

Following his success with Broadcast.com, Cuban has diversified his investments and business interests. He is the owner of the NBA’s Dallas Mavericks, which he purchased in 2000, and has since transformed the team into a successful franchise. Cuban is also known for his role as one of the “shark” investors on the popular TV show “Shark Tank,” where he evaluates and invests in startup companies.

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Amazon reportedly developing new AI chatbot to rival ChatGPT

Amazon is reportedly developing a ‘killer’ AI chatbot that will compete directly with OpenAI’s ChatGPT. With some perceptions that the… Continue reading Amazon reportedly developing new AI chatbot to rival ChatGPT
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Amazon is reportedly developing a ‘killer’ AI chatbot that will compete directly with OpenAI’s ChatGPT.

With some perceptions that the company is falling behind in the race to create generative AI, Business Insider has detailed the response to follow from the tech giant.

The chatbot has been codenamed Metis, powered by an Amazon LLM known as Olympus which is being trained on a massive two trillion parameters of data which is around twice the capability of GPT-4.  This increased scope should make Metis more capable of human-like responses, reducing the margin for error in context and reasoning.

Metis will enable Microsoft to take its place among the other big tech players such as Google and Microsoft which offer their own bespoke AI assistants and in a crowded, competitive AI space, many start-ups like Amazon-backed Anthropic, and Perplexity are also providing an offering.

Jeff Bezos questions Amazon’s position

The new offering from Amazon is expected to “deliver text and image-based answers in a conversational manner” and to provide links to source responses, suggest follow-up points of interest, and generate images. With the added capacity from Olympus, Amazon is said to want the AI chatbot to be able to return information from beyond the original data source to deliver updated information, such as stock prices.

Metis has also been tipped to work as an “AI agent”, moving toward the evolution of the technology as agents will be able to perform additional tasks seamlessly and autonomously, using data, decision-making and multitasking, based on activity patterns and set algorithms.

Some of the criticism that Amazon was falling behind in the pecking order came from an unlikely source in Jeff Bezos, with the company’s founder and former CEO stating his concern in emails to senior staff asking why more AI firms were not using its cloud services.

There have been reports of a proposed launch for Metis in late September this year.

Image credit: Via Ideogram

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How to get Beast Claw in Elden Ring: Shadow of the Erdtree

There are some interesting new weapons that have been added with the Shadow of the Erdtree DLC for Elden Ring… Continue reading How to get Beast Claw in Elden Ring: Shadow of the Erdtree
The post How to get Beast Claw in Elden Ring: Shadow of the Erdtree appeared first on ReadWrite.

There are some interesting new weapons that have been added with the Shadow of the Erdtree DLC for Elden Ring such as the Ancient Meteoric Ore Greatsword, Dragon-Hunter’s Great Katana, and Milady.

Moreover, with the introduction of martial arts, hand-based weapons have certainly been on the rise, with many trying out builds specific to these additions.

One such weapon is the Beast Claw, basically turning you into a straight-up wolf/bear, and here, we’ll reveal how you can get it, so you can swipe away on the foes that await.

Where to find Beast Claw in Elden Ring: Shadow of the Erdtree

You acquire the Beast Claw by defeating a certain enemy in the DLC – Logur, the Beast Claw.

However, you may not have come across him since he is a roaming ‘boss’ that is pretty well camouflaged in the environment.

To find Logur, the Beast Claw, first start off at the very beginning of the expansion where the Gravesite Plain Site of Grace is situated.

Look to the east and make your way toward the small forest area. Here, do some searching, and you should be able to find Logur, the Beast Claw within.

As previously stated, he is somewhat hard to find since he doesn’t really have any armor on and almost blends into the background with the colors of his attire.

He will be using the Beast Claw that you’re after so be wary of some speedy jumping slashes that’ll be coming your way.

Once you do defeat him, the Beast Claw will be yours!

One thing to note here is that when you equip the Beast Claw, it will only be on one of your hands, so you will need to two-hand it to get the double claws effect.

Other Elden Ring: Shadow of the Erdtree pages you might like:

How to get the Backhand Blade
Shadow of the Erdtree Boss List
Who is the Shadow of the Erdtree Final Boss?
Best Interactive Map for Shadow of the Erdtree
How to get Scadutree Fragments
Shadow of the Erdtree leveling system explained
How to access Shadow of the Erdtree DLC
How to find the Blade of Mercy Talisman

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Top Gainer Today: Fetch.ai (FET) Price Keeps Rallying – What Is the Reason for Its Continued Surge?

As Fetch.ai’s price continues to surge, this lesser-known token is being touted as the next big AI crypto. This raises… Continue reading Top Gainer Today: Fetch.ai (FET) Price Keeps Rallying – What Is the Reason for Its Continued Surge?
The post Top Gainer Today: Fetch.ai (FET) Price Keeps Rallying – What Is the Reason for Its Continued Surge? appeared first on ReadWrite.

As Fetch.ai’s price continues to surge, this lesser-known token is being touted as the next big AI crypto. This raises an important question: Will Fetch.AI likely see big gains soon?

Fetch.ai (FET), ranked 7th among artificial intelligence (AI) cryptocurrencies, surged to the top of today’s gainers chart on June 25th.

The 28% increase occurs shortly before FET merges with other AI tokens to form the highly anticipated Artificial Superintelligence Alliance (ASI).

FET price analysis

As of today, Fetch.ai (FET) is trading at $1.65, with a 24-hour trading volume of $200 million and a market capitalization of $1.4 billion, holding a market dominance of 0.05%. The FET price has surged by 18.64% in the past 24 hours.

Fetch.ai achieved its peak price of $3.47 on March 29, 2024, marking its all-time high. Its lowest price was recorded at $0.00827 on March 13, 2020. The lowest price since reaching its all-time high was $1.11096, while the highest price since this low point was $1.73526.

Currently, Fetch.ai has a circulating supply of 800 million FET, out of a maximum supply of 2.6 billion FET. Fetch.ai has shown a remarkable of over 600% growth year-over-year, signaling strong upward momentum. This surge reflects high investor confidence and suggests a solid trend that could push FET to new highs.

Outperforming 94% of top 100 crypto assets, including Bitcoin and Ethereum, highlights Fetch.ai’s unique value proposition and market position. This strong performance indicates significant recognition within the investment community, which may drive further price increases.

FET price prediction

Trading above the 200-day simple moving average (SMA) is a bullish sign, suggesting a positive long-term trend. This indicator often acts as support in rising markets, indicating FET has a stable base for continued growth. Being near its cycle high shows strong buying interest and positive sentiment.

Breaking through this resistance level could lead to substantial price gains as new highs attract more investors. Fetch.ai’s high liquidity supports smooth transactions, crucial for sustaining upward price movements and attracting institutional investors.

Despite having only 7 green days in the last month (23%), Fetch.ai’s ability to maintain strong price performance demonstrates resilience amid crypto market volatility. However, its current 52.98% decline from the all-time high (ATH) of $3.47 suggests significant upside potential if FET can surpass previous highs.

Considering these factors, Fetch.ai could see substantial growth if current trends and positive indicators persist. In the short to medium term, trading above the 200-day SMA and surpassing its cycle high could see FET testing the $2.00 to $2.50 range, based on historical performance and increased investor interest.

Long-term prospects look promising if market interest in AI and blockchain remains strong and Fetch.ai continues to outperform other assets. Reaching and potentially surpassing the ATH of $3.47 seems plausible. With favorable market conditions and continued project success, aiming for the $4.00 to $5.00 range is conceivable.

If you’re interested in exploring other investment opportunities currently on presale, you can find our guide to the best crypto presales here.

Key factors behind FET price rally

FET’s price surge continues due to several positive factors converging. The AI market is booming, driven by the success of Elon Musk’s advancements in explainable AI and Nvidia recently claiming the title of the world’s most valuable company. This optimistic sentiment is benefiting AI-focused cryptocurrencies like FET.

Adding to this momentum is the upcoming launch of the Artificial Superintelligence Alliance on July 1st. Crypto Briefing reported that the merger was postponed to July 15th.

This merger will unite FET with Ocean Protocol (OCEAN) and SingularityNET (AGIX), generating considerable excitement in the crypto community.

https://t.co/4QEYIkYwHf

— Artificial Superintelligence Alliance (@ASI_Alliance) June 20, 2024

The prospect of a unified presence in the AI crypto sector likely contributes to FET’s current upward trend. Further reinforcing this positive outlook is a surge in trading activity. Derivatives markets have seen FET’s trading volume soar by more than 200%, signaling renewed interest among traders.

Moreover, short-sellers are experiencing significant liquidations, indicating a potential shift in momentum favoring FET. The rise in FET prices reflects heightened investor confidence and interest in these advanced applications.

Additionally, the market’s optimism towards AI technologies is driven by a growing recognition of their transformative potential across industries, from finance to logistics.

Related

16 Best Altcoins to Buy in 2024
17 Best Cryptocurrency to Invest in 2024 – Compare Top Crypto to Buy Now

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