The price of Fetch AI (FET) has experienced a remarkable surge, increasing by 29% to $1.515 and continuing to rise to $1.69 at the time of writing. This significant price movement follows Nvidia Corporation's market move, surpassing Microsoft as the world's largest company by market value.

Analyzing the FET chart reveals a sharp drop on June 17 due to Binance's delisting announcement, followed by a bullish trend starting on June 19. The price action is below the 50-day level but has surpassed the 200-day simple moving average. A daily candle closing above the 200-day SMA could confirm the ongoing bullish trend.

The AI field is abuzz with excitement as Fetch AI's price rise coincides with Nvidia's market success. Nvidia, the world's largest chip manufacturer, saw a 3.51% increase in the last 24 hours, trading at $135.5 and surpassing Microsoft's market value. This development has led to a significant increase in FET price, with whales taking advantage of the market panic to buy at low prices.

The launch of Artificial Super Intelligence (ASI), a consolidated token replacing FET, has also fueled the price increase. ASI will launch with a market value of $7.5 billion, ranking among the top 20 cryptocurrencies. Tokens associated with ASI, such as SingularityNET (AGIX), have also surged, rising 25% in the last 24 hours.

In conclusion, Fetch AI's price surge marks a new era in AI technology, driven by Nvidia's market move and the upcoming launch of ASI. As the AI field continues to evolve, it will be exciting to see how Fetch AI and ASI perform in the market. With the bullish trend expected to continue, investors and traders are eagerly watching the developments in this space.