According to Santiment’s blockchain researchers, wealthy industry participants, so-called whales, are currently massively accumulating certain coins. Including: Fetch.ai (FET) and Bancor (BNT). We introduce the two cryptocurrencies and say: What are the coins? What distinguishes them? Who invented them? And: What are the price forecasts for Fetch.ai (FET) and Bancor (BNT) – from 2021 to 2026?
The crypto analysis company Santiment writes in a recent tweet: Rich investors are currently accumulating mainly five coins: the machine learning network Fetch.ai (FET), decentralized exchange Bancor (BNT), indexing protocol The Graph (GRT), blockchain-based gaming platform Enjin (ENJ) and Stablecoin governance token maker (MKR).
“The number of forest addresses has increased for many assets and decreased for others. Do you want to get involved in projects where the number of forest addresses has increased? Watch FET, BNT, GRT, MKR and ENJ.“
🐳 The number of whale addresses have grown for many assets, and fallen for others. Looking to get into projects where large addresses numbers have been rising? Watch $ FET, $ BNT, $ GRT, $ MKR, and $ ENJ, and track whales in real-time with your PRO account. https://t.co/UgvpGprlQ4 pic.twitter.com/LuvNO5C0A3
– Santiment (@santimentfeed) August 22, 2021
All coins except Fetch.ai (FET) and Bancor (BNT), we have already devoted ourselves in detail. Click here for our forecast from The Graph (GRT). On this page you can read what the predictions for Maker (MKR) have in store. And the forecasts for Enjin Coin (ENJ) are also quite promising.
In the following, the forecasts for Fetch.ai (FET) and Bancor (BNT).
What is Fetch.ai (FET)?
Fetch.ai is a decentralized machine learning platform based on a blockchain. The project aims to connect the “Internet of Things” (IoT) with algorithms. To solve tasks and problems decentrally using machine learning and artificial intelligence, Fetch.ai Smart contract features. The network of Fetch.ai consists of open source technology: any user can connect to the network and use the power of AI.
The developers promise great Potential in many areas: Trades should be optimized, public transport networks can be reconfigured. Finally, Fetch.ai even allow cities to intelligently adapt to their citizens.
What’s on Fetch.ai (FET) especially?
Fetch.ai builds an open, tokenized, decentralized machine learning network. The aim is to create an intelligent infrastructure based on a decentralized digital economy.
The native token of Fetch.ai, FET, is an integral part of smart contracts and oracles on the platform. With FET, users can create and deploy their own agents on the network. Developers, in turn, get access to various options by paying with FET tokens: they can access utilities based on machine learning, train autonomous agents or place collective intelligence on the network.
In addition,: The protocol’s first decentralized finance application is designed to help millions of users automate DeFi tasks. This should give users the opportunity to automatically obtain liquidity from any Uniswap V2 or PancakeSwap V2 pool-based on the spot price. The “DeFi Agents” app is intended to limit the feared impermanent loss to an acceptable level and protect against violent price movements-including the notorious “Rug Pulls”.
Who has Fetch.ai (FET) invented?
Was founded Fetch.ai by Thomas Hain, Toby Simpson and Humayun Sheikh. Hain was co-founder and director of Koemei and is currently the Chief Science Officer of Fetch.ai. Simpson was CTO at Ososim Limited and head of software design at DeepMind. Today he works as COO of Fetch.ai. Sheikh, in turn, is the founder of Mettalex, uVue and itzMe and currently CEO of Fetch.ai.
Fetch.ai (FET) Price Forecasts from 2021 to 2028
After a 24-hour decline of 0.22%, FET is currently trading at $ 0.55, almost 40% below the all-time high of $ 0.87, which according to Coinmarketcap.com on 31 May. What do the popular forecast models say for Fetch.ai ahead?
- CoinCodex.com is generally bullish on Fetch.ai: 24 technical analysis indicators signal bullish signals, against which there are only 7 bearish signals.
- WalletInvestor.com designated Fetch.ai (FET) as an excellent 1-year investment. According to it, within the next 12 months, FET will rise above its old all-time high, reaching $ 0,90. The 5-year forecast sees FET eventually climb up to $ 2.30.
- Gov. Capital Anticipates Parabolic Rise at FET: 1-Year forecast moves Fetch.ai initially to $ 1.57 within the next 12 months. But then the FET bulls trample mightily: according to the FET 5-year forecast succeeds Fetch.ai by 2026, the increase to 10.76 dollars!
What is Bancor (BNT)?
Bancor is a decentralized crypto exchange that allows traders, liquidity providers and developers to participate in an open financial marketplace without barriers to entry. Bancor is operated as a decentralized autonomous organization (DAO) by the community. A democratic and transparent voting system will be used to enable all stakeholders to get involved and shape the future of Bancor. BNT is the native token of the protocol.
Why is Bancor (BNT) special?
As with Uniswap, it is possible with Bancor to exchange cryptocurrencies for other cryptocurrencies without a middleman. Thus, a centralized exchange is no longer necessary to exchange coins. The protocol automatically converts various cryptocurrencies. This also works for cryptocurrencies that run on very different blockchains. Bancor is special because the project generates liquidity for altcoins and provides remuneration to liquidity providers.
By the way, the name “Bancor” was chosen in honor of John Maynard Keynes: the famous British economist used the term to denote a supranational currency.
Who invented Bancor (BNT)?
Bancor was founded in 2017 by Guy Benartzi, Galia Benartzi, Eyal Hertzog and Yudi Levi. Guy Benartzi co-founded Mytopia, a company that develops cross-platform games for social networks. Today he works as Managing Director of Bancor. Galia Benartzi, on the other hand, has many years of experience in the field of technology. At Bancor, she is responsible for business development. Hertzog is the founder of MetaCafe, an Isreal video sharing website with over 50 million users. At BNT, he works, among other things, as a product architect of the protocol. Bancor-CTO Levi, on the other hand, co – founded AppCoin-an app that allows communities to create their own cryptocurrency.
Bancor (BNT) Price Forecasts from 2021 to 2026
Bancor (BNT) is currently trading at $ 4.21, down 3.4%, more than 57% from its all-time high. This is exactly $ 10 and was reached on January 10th. Is it possible to return to old highs? What do the forecast models say?
- CoinCodex.com is bullish on Bancor (BNT): according to it, 24 technical analysis indicators signal bullish signals, against which 7 signal bearish signals.
- WalletInvestor.com describes Bancor as a fantastic 1-year investment. Accordingly, the forecast also turns out: within the next 12 months, BNT will first rise to $ 7.13. The BNT 5-year forecast then sees Bancor rise to $ 18.40. This corresponds to an increase of more than 332% based on the current price.
- At Bancor, too, Gov. Capital gives the most optimistic forecast. Here, BNT only reaches a rate of 6.61 dollars by September 2022. However, the 5-year forecast predicts an increase to $ 23.21 by 2026. Gov. Capital therefore forecasts a price increase of 451% at Bancor.
Last updated on August 25, 2021
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