Analyst names artificial intelligence token whose value will rise to historical highs

A leading crypto analyst has named one AI-focused altcoin that will see its value rise significantly in the coming weeks.

As The Flow Horse told his 202,100 followers on the social network X, the native token of the decentralized machine learning network Fetch. ai (FET) will soon reach a new historical high. According to the trader, the CVD for FET is constantly growing, which indicates that market participants are intensively accumulating altcoin.

«FET is approaching new all-time highs after a decline that lasted more than 2 years. It will be difficult in the coming months. No other narrative is as popular as AI, which is just starting its own story,» the expert emphasized. At the time of writing, FET is trading at $ 1.07.

Another coin on the trader’s radar is the native asset of the decentralized storage network Filecoin (FIL). According to the analyst, he sees FIL breaking through to complete a year-long accumulation phase.

«Right now, Filecoin is just trying to go beyond the yearly range. I don’t need to tell you what will happen next, but FIL should continue to breakout,» the expert emphasized. At the time of writing, FIL is worth $ 7.73.

As a reminder, Filecoin has always been innovative, but the current rise was made possible by Solana blockchain developer Anatoly Yakovenko. In his post on X, Yakovenko told his more than 313,600 followers that part of the «original archiver design for Solana was based on some evidence from the original Filecoin white paper.»