FET, the AI token issued by the Artificial Superintelligence Alliance and running on Fetch.ai’s agent infrastructure, has fallen by about one-third since its peak in late September, dropping to $0.16. Daily price volatility has also decreased significantly during the same period. According to Ainvest data, while the FET price fell to $0.16 on November 4, it experienced a decline of approximately -22% over the last 20 trading sessions, with its market capitalization hovering around $400 million. This pullback is the basis for headlines such as “-38% in one month.”

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