Bittensor (TAO) price surged approximately 15%, reaching around $306, marking its highest level since early December 2025, with market capitalization also increasing to roughly $2.7 billion. This rally was primarily driven by support from NVIDIA CEO Jensen Huang and investor Chamath Palihapitiya, who emphasized TAO's decentralized AI model training capabilities. Although some analysts believe TAO's price could further rise to $360-370 or even exceed $500 later this year, the token has entered overbought territory (Relative Strength Index RSI exceeding 70), and continuous inflows of funds to exchanges suggest potential selling pressure, therefore investors are advised to remain cautious.

TAO-0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin