Bittensor Price Over 22% After Coinbase Listing Announcement

Bittensor (TAO) has seen a sharp rise following Coinbase’s announcement to support the AI-powered blockchain token. As of today, the TAO price stands at $452.47, with a 24-hour trading volume of $314.88 million. The listing is set to go live on or after February 20, 2025, at 9 AM PT, depending on liquidity conditions.

Read Bittensor Price Prediction 2025 for more insights

Bittensor Price Reaction


  • TAO surged over 25% following the news, hitting a new weekly high.

  • Trading volume spiked by 70% to $258.75 million, signaling strong investor interest.

  • Market cap: $3.46 billion, ranking Bittensor among the top AI tokens, second only to NEAR.

Bittensor Price Prediction 2025


Analysts expect further growth, with predictions indicating a rise to $486.52 by February 24, 2025. This would mark a 29.94% increase in just five days. Institutional backing from major players like Pantera Capital, Digital Currency Group, and Lyrik Ventures further strengthens its market position.

Also Read: Jupiter Price Prediction 2025

Why is Bittensor Crypto Gaining Popularity?

Bittensor, launched in 2019, is revolutionizing AI development with its decentralized model. Unlike centralized AI projects like DeepSeek, it promotes transparency and fairness.

Key Factors Driving Demand:

✅ Decentralized AI model – No single entity controls the network.
✅ Institutional backing – Strong support from top venture firms.
✅ Upcoming upgrades – The Dynamic TAO whitepaper hints at major improvements.

Will TAO Maintain Its Uptrend?

While market volatility remains a factor, Bittensor’s growth is fueled by positive crypto sentiment and strategic developments. With increasing exchange listings and a strong foundation in AI, TAO is well-positioned for long-term success.

Comments

Post a Comment

Popular posts from this blog

Can Ethereum Price Hit New Highs Post-Election?

Image
With the U.S. presidential election just days away, the cryptocurrency market is abuzz. Former President Donald Trump has shown strong support for digital assets, aiming to make the U.S. a crypto leader. Meanwhile, Vice President Kamala Harris favors a regulatory framework, a stance that could create policy friction in the crypto space if she wins. This political backdrop has investors wondering about the ETH price prediction and how Ethereum might perform in the face of potential policy shifts. Here’s a closer look at how these developments, alongside global events, are impacting Ethereum and other major cryptocurrencies. BTC and ETH on the Rise Amid Election-Driven Optimism Bitcoin saw a significant jump, rising over 5% in just one day, fueled by positive market sentiment ahead of Election Day. Ethereum (ETH) followed suit, climbing above $2,600 with a similar 5% increase over the past 24 hours. The Iran-Israel conflict has further encouraged investors to seek global assets, adding ...
Read more

Fantom Crypto Surges 60%: Will It Reach $2 in 2025?

Image
Fantom (FTM) has recently caught the attention of crypto enthusiasts, with a notable rally pushing its price higher. As of now, Fantom Coin is priced at $1.02, with a trading volume of over $646 million in the past 24 hours. This surge follows a 43% gain in the previous week, with an additional 8% rise as of Thursday. These gains have made Fantom one of the top-performing assets in the market, sparking optimism about its future potential. Breaking Key Resistance Levels One of the significant milestones for Fantom Crypto has been its ability to break through the $1.07 resistance level. This move was driven by increased investor interest and higher market participation, indicating that the upward momentum is likely to continue in the near term. Read our detailed Fantom Price Prediction 2024 for more deep insights Technical Indicators Signal Strong Momentum Looking at the technical indicators, the Relative Strength Index (RSI) on the daily chart currently stands at 70.93, suggesting that...
Read more

Ethereum Jumps 8% in 24 Hours – Is $6,000 Next?

Image
After weeks below $2,500, Ethereum has made a strong comeback, currently trading around $2,950—a 6% rise in the last 24 hours and a 14% gain over the week. This marks ETH's highest level in over a month and sparks a pressing question: could Ethereum price hit $6,000? Let’s dive into the recent price action, top analysts’ forecasts, and key factors shaping Ethereum's future. Key Ethereum Price Trends Current Price Surge : Ether’s recent surge, with a 6% increase in a single day, has lifted the weekly gains to 14% as per Coinpedia Markets . This marks a significant recovery after struggling to maintain positive momentum below $2,500. Multi-Week High : The latest gains have pushed Ethereum to its highest level in over 30 days, indicating renewed bullish sentiment and interest from investors. Analyst Predictions: A Bullish Outlook Prominent analysts on social media have shared their predictions for Ethereum, with optimistic outlooks for the short and long term: Michael van de Popp...
Read more