Home/News Feed/Bittensor's TAO token holds above $200 amid market dip, driven by $70M annualized subnet activity. Bittensor's TAO token showed resilience on November 13, trading around $215-$218 despite Bitcoin falling below $69,000 and broader crypto market declines. This strength is linked to Bittensor's growing decentralized AI marketplace, where subnet services like GPU rentals are generating nearly $70 million in estimated annualized customer spending. Lium, a major subnet, alone projects a $34.6 million annualized run rate from GPU rentals. The key for investors is whether this growing commercial activity can sustain demand for TAO amid reduced token issuance and ongoing staking. TAO's ability to maintain support above $200 and break $220 on a weekly close will be critical signals for its short-term outlook.
TAO trades at Rp3.860.596 on Pluang as of Nov 14, 2026 05:23 WIB, showing a modest 0.24% gain in the past day. The token's market cap stands at Rp45,94 trillion, supported by a 24-hour trading volume of Rp2,98 trillion. Pluang users currently favor buying TAO, with 57% of order activity on the platform leaning that way.