Bittensor (TAO) Price Nears 80% Rally Validation — Here's What to Expect
Bittensor (TAO) has seen significant bullish momentum recently, pushing its price above the $600 mark.
Keep up with what's happening in the crypto world in real-time.
Bittensor (TAO) has seen significant bullish momentum recently, pushing its price above the $600 mark.
Bittensor (TAO) has been garnering attention for its exceptional performance, surpassing Bitcoin and the broader cryptocurrency market. TAO has experienced a 15% increase in the past 24 hours, and it has appreciated by over 130% in the past 30 days.
When Open Interest increases alongside the price, it shows that more money is flowing into TAO.
Amid increased price volatility in the cryptocurrency market, the Artificial Intelligence (AI) category has regained momentum over the past day. This has resulted in major tokens from this category recording a massive price surge within a short period.
Bittensor (TAO) is gaining attention, along with other top earners in the AI narrative. TAO had its most successful month so far, earning more than 100% in September.
OpenAI's latest funding could be a great development for the Sam Altman-led company. However, for Artificial Intelligence (AI) coins, including Bittensor (TAO) and Artificial Superintelligence Alliance (FET), it is a classic “sell the news” event.
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
Bittensor (TAO) price and the rest of the crypto market are down following rising geopolitical tensions in the Middle East. For many investors, the crypto market's ‘Uptober' rally is at risk of being cut short if Bitcoin price slides lower.
In September, Bittensor's (TAO) price surged 111%, rising from $264 to $587. However, as October begins, several indicators suggest that TAO's price may encounter resistance, potentially limiting further gains.
Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world's largest cryptocurrency and an increase in spot Bitcoin ETF inflows.
Crypto Prices Today, October 1: The broader market on Tuesday saw a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price saw a waning action, resting at the $63K level today.
According to the latest market trends, the artificial intelligence (AI) coin bittensor (TAO) has overtaken internet computer (ICP), now sitting as the second largest AI-focused coin, just below near protocol (NEAR). TAO's 5.
Bittensor, a fast-growing artificial intelligence token, was the second best-performing top 100 cryptocurrency in September after Sui.
The crypto markets are heading towards the end of the quarter and after an interim upswing, the prices of most of the tokens have been facing significant upward pressure. During the weekend, the Bitcoin price surged above $66,500, which squashed the possibility of a bearish close for the quarter.
Bittensor (TAO) price, a standout in the AI cryptocurrency market, is experiencing a significant upswing. Recent market events have reignited its ascent, pushing it closer to record highs.
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
GoodEgg (GEGG), the Play-to-Date AI-driven social-fi token, has stormed into the decentralized AI scene, overshadowing major players like Bittensor (TAO).
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.
Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.
BTC's move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.
Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.
As broader market sentiment improves, tokens that power Decentralized Physical Infrastructure Networks (DePINs) are among the altcoins showing potential gains in October.
TAO's price has surged significantly over the past month, driven by growing interest in artificial intelligence coins. With a recent increase of over 60%, several indicators and metrics offer valuable insights into the coin's potential future performance.