The TAO token from Bittensor surged 8.33% to close at $264.83, hitting a three-month high of $277 during trading. This rise follows a five-day rally of about 25%, supported by major protocol upgrades and new trading pairs introduced on the Solana-based Raydium exchange. The launch of the Buttensor meme coin, which automatically buys TAO with its transaction fees, has added buying pressure. Futures open interest also reached a three-month peak at $434.58 million, indicating strong market interest. Technical resistance lies at $277–$280, with a potential move toward $300 if broken.
Bittensor's TAO token fell 5.54% within 24 hours to $258.04, coming close to a previously identified support range of $252-$255. This decline was sharper than Bitcoin's 3.41% drop to $81,313 in the same period. The token remains about $3 above the up...
A crypto whale purchased approximately $7.22 million worth of nine different tokens within 24 hours. The largest buys were 378,129 Lighter (LIT) tokens valued at $1.4 million, followed by 6.61 million Ethena (ENA) and 3 million Ondo (ONDO) tokens, ea...
Bittensor's TAO token broke a strong resistance at around $255 in early September after increased trading volume, leading to a rally up to $340. However, profit-taking caused a decline, weakening bullish momentum as sellers gained control. The $252–$...
Bittensor has introduced eTAO, a new feature allowing subnet owners to control how alpha tokens are distributed among owners, validators, and miners. Previously, the default split allocated 18% to owners, 41% to validators, and 41% to miners. With eT...
