Bittensor (TAO) Price Gains 11.5% Amid Market Cap Surge to $4.5B

Decentralized AI protocol Bittensor's native crypto TAO has risen by 4% in the last 24 hours, extending its weekly gains to 11.5%. Its market cap now stands at $4.5 billion.

Bittensor (TAO) Price Rally Details

  • TAO is among the top 30 digital assets by market cap after a 41% monthly rally.
  • Currently trading at $441, with potential for further breakout above $450.
  • Resistance at $449.36 is critical; reclaiming it as support could lead to a price of $678.13.
  • A successful post-breakout could enable entry into a macro range.

Bittensor’s price chart.

Staked TAO ETP Launch

  • Deutsche Digital Assets plans to launch the Bittensor Staked TAO ETP on the SIX Swiss Exchange.
  • The product offers exposure to TAO in a regulated environment.

Bitcoin Hyper (HYPER) Presale Update

  • Bitcoin Hyper has raised over $25 million in its presale.
  • Built on Solana Virtual Machine to enhance Bitcoin scalability and smart contract functionality.
  • Current token price: $0.013195.