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$FET is showing impressive strength by leading the uptrend with a +18% gain in 24 hours, a notable signal indicating money flow is returning to the AI and DePIN narrative. Not only $FET, but many projects in the same ecosystem like $FIL and $NEAR are also breaking into the strongest growth group in the market, demonstrating that investor interest in projects with real utility is gradually returning.
In that context, another notable name is $RENDER. This is a project combining AI, graphics, and decentralized computing power, and typically tends to break out strongly when the AI narrative returns.
Although the market is still in a phase of significant volatility and not entirely clear yet, the fact that price is retracing higher along with strength from utility-driven projects is a positive signal. If this trend continues to be maintained, the AI + DePIN group could very well become one of the narratives leading the market in the coming period.
Carefully monitor the strong projects in this ecosystem, because when money flow returns, tokens with clear narratives and real-world applications are usually the ones that break out first.