Jason Calacanis, an early Uber investor and angel investor, forecasts a potential 200x increase in the value of Bittensor's TAO token, framing it as a major long-term investment in decentralized AI infrastructure. He is involved with a fund focused on Bittensor and TAO, which is described as an "intelligence infrastructure" for an AI-native internet, potentially becoming the "Bitcoin of AI." TAO has gained 87% in the past 30 days, signaling strong market interest amid a stagnant altcoin market. This highlights growing investor confidence in AI-driven crypto projects and Bittensor's unique position in the space.
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
