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BitcoinSistemi 2025-06-19 13:44:07

Surprise Altcoin Founder Announces They Will Make a Large Purchase of His Own Token, Saying “The Price Is Too Low”

Surprise Altcoin Founder Announces They Will Make a Large Purchase of His Own Token, Saying “The Price Is Too Low”

Fetch.AI, an artificial intelligence-focused blockchain platform, has announced the launch of a $50 million FET token buyback program. The company’s CEO, Humayun Sheikh, stated on social media that this move was made due to the increasing platform usage and the low valuation of the token. Sheikh made the following statement in his statement: “As ASI1 and our agent platform grow in usage, we see its benefits continue to grow. I believe FET is undervalued at its current market cap. That’s why I’m pleased to announce that the Fetch Foundation, with the support of our market makers, will be repurchasing $50 million worth of FET across multiple exchanges.” Related News: What's Next for Bitcoin? Here's What You Need to Know Following this development, the FET price has increased by 7% today. The token’s market value has reached $1.66 billion. However, FET is still trading around 80% below its all-time high of $3.47, which it reached on March 28, 2024. At the time of writing, the token’s price is at $0.6946. FET was recently formed by the merger of two other AI-focused altcoins and named Artificial Superintelligence Alliance, while Ticker remained as FET. *This is not investment advice. Continue Reading: Surprise Altcoin Founder Announces They Will Make a Large Purchase of His Own Token, Saying “The Price Is Too Low”

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine