With the cryptocurrency sector finally taking a respite from the months of chaos caused by the collapse of the crypto trading platform FTX, one coin has stood out for its remarkably high performance on the daily cryptocurrency charts – Fetch.ai (FET).
As it happens, the price of Fetch.ai’s native FET token at press time stood at $0.23, representing an increase of nearly 20% over the previous 24 hours and adding up to a cumulative gain of 91.67% compared to its amount seven days before, when its exceptional growth began.
Fetch.ai 24-hour price chart. Source: Finbold
On top of that, FET also tops the list of daily gainers in Cosmos (ATOM) inter-blockchain communication (IBC) networks, followed by Decentr (DEC), Evmos (EVMOS), and Terra Classic (LUNC), according to the data shared by Cosmos Daily on January 13.
Top daily gainers in Cosmos IBC networks. Source: Cosmos Daily
What is behind these impressive gains?
Notably, Fetch.ai is an interchain protocol based on the Cosmos software d
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