The Artificial Superintelligence Alliance (FET) has experienced a significant decrease in value recently due to a drop in whale activity, with large holders selling off substantial amounts of FET tokens. This selling pressure has caused FET's value to decline by 7% in less than a week. The negative weighted sentiment toward FET reflects the skepticism among market participants and suggests a bearish outlook for the token. FET is currently trading below its 20-day exponential moving average, indicating potential bearish momentum and the possibility of further price declines. However, a shift in market sentiment and increased demand could lead to a rally in FET's price.



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