↘ TAO Coin’s Performance: A Rollercoaster of Surges, Drops, and Important Partnerships
Bittensor’s TAO coin is reportedly struggling, as it crashes to a 10-week low according to some sources, indicating deeper possible losses....
TAO, a token operated by Bittensor platform, is attracting increasing interest. Mark Moss has been appointed Chief Bitcoin Strategist at TAO Alpha. The crypto token stands as a point of contention between Barry Silbert, a well-known investor and Bitcoiner. Considering TAO's potential, it is speculated to soon outperform other AI tokens. Although the coin's price is currently below $400, many predict an upward move to $800. Henry Elder has also been appointed by TAO Alpha to its board as a Bitcoin treasury strategist.
TAO coins are making waves, with Synaptogenix preferring TAO more than established cryptos like Bitcoin for its corporate treasury. Even Nasdaq-listed Oblong is eyeing a $7.5M acquisition of Bittensor TAO. This attention is despite a 17% drop in TAO's price. TAO Alpha has managed to secure a £5 million loan from its Bitcoin Reserve Strategy which could potentially turn things around.The token is anticipated to perform strongly in the upcoming AI coins season. Several companies like Synaptogenix are rebranding and investing in TAO tokens. The crypto market's focus has gradually shifted towards utility projects, with tokens like TAO, BlockDAG, ONDO, and others leading the way. Even after falling below the $300 mark, TAO has surged back up and broken the $400 mark, indicating a strong upward momentum. Furthermore, the Bittensor token is anticipated to be listed on Coinbase soon with a prediction of new highs.
There are several bullish signals for TAO crypto. It has been able to maintain a bullish outlook amid market shakeouts. It has surged 11.4%, breaking the $400 mark after gaining 20%, and is expected to cross the $600 mark soon.
An upward rally is expected to see Bittensor hold the $400 support mark with analysts targeting an $800 rally. Bittensor (TAO) has observed a 350% surge in volumes on Coinbase listing and Elon Musk’s bid for OpenAI. Furthermore, Nvidia's earnings seem poised to save the crypto market with Bittensor TAO Crypto as a potential best buy. Consequently, TAO is widely regarded as having the potential to be the biggest AI coin with a strong likelihood of reaching $10k in the next 5 years.
TAO Coin News Analytics from Sun, 29 Sep 2024 07:00:00 GMT to Wed, 09 Jul 2025 13:45:39 GMT - Rating 8 - Innovation 9 - Information 9 - Rumor 6