has recorded a 30% price surge in the past 24 hours, to lead as the cryptocurrency asset with the most gains during that period. As of this writing, the artificial intelligence-based token exchanged hands at a seven-day high of $1.61.
On 18th June, it surpassed Microsoft to become the world’s most valuable company, just two weeks after overtaking Apple for the second position.An asset’s social dominance measures its share of online discussions that mention it relative to the total discussions about the top 100 cryptocurrencies by market capitalization.
FET’s social dominance indicates that, as of this writing, 0.96% of all online discussions about the top 100 cryptocurrencies by market capitalization specifically mention it. Interestingly, despite the double-digit surge in FET’s value and its social dominance climbing to a multi-month high, its holders have failed to record profits on their transactions.