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    Bittensor

    TAO

    Rank #25

    $414.1

    -6.46%
    24H Low$412.78
    $449.0624H High
    24H Volume
    $27.34 M
    All-Time High(ATH)
    $757.6
    All-Time Low(ATL)
    $30.83
    Market Cap
    $8.7 B
    Fully Diluted Valuation
    $8.7 B
    Market Cap/FDV
    100%
    Circulating Supply
    21 M TAO
    Total Supply
    21 M TAO
    Max Supply
    21 M TAO
    Market Sentiment
    Positive
    * Data from 3rd parties

    Bittensor (TAO) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-5.11
    -1.22%
    24H
    $-28.6
    -6.46%
    7D
    $-27.94
    -6.32%
    30D
    $-146.86
    -26.18%
    1Y
    $+366.27
    +765.8%

    Credibility Indicators

    73.08

    Reliability Score

    Rank #1

    # 1564

    Percentile

    TOP 10%

    Team Members

    Jacob Robert Steeves

    Jacob Robert Steeves

    Founder

    Ala Shaabana

    Ala Shaabana

    Co-Founder

    James Woodman

    James Woodman

    COO

    Steffen Cruz

    Steffen Cruz

    CTO

    Investors

    Polychain Capital

    Polychain Capital

    Live Bittensor (TAO) Price Update

    Bittensor price today is $414.1 with a 24-hour trading volume of $27.34 M, and as such Bittensor has a market cap of $8.7 B, giving it a market dominance of 0.23%. The Bittensor price moved -6.46% in the last 24 hours.

    Bittensor reached its highest price on 2024-03-07 when it was trading at its all-time high of $757.6, while its lowest price was recorded on 2023-05-14 when it was trading at its all-time low of $30.83. The current lowest price since the last cycle high was $30.83, and the highest price since the last cycle low was $757.6. The social sentiment of Bittensor is currently Positive.

    The current circulating supply of Bittensor is $21 M TAO. In terms of market cap, Bittensor is currently ranked 25.

    About Bittensor (TAO)

    Bittensor is a decentralized machine learning network that enables users to train and deploy machine learning models collaboratively. The network is powered by the TAO token, which is used to reward participants for their contributions. Bittensor is designed to be open and accessible to everyone, and it has the potential to revolutionize the way machine learning is developed and used.

    FAQs

    1. What determines the price movement of Bittensor?

    There are two schools of thought in determining the price of Bittensor.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bittensor, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Bittensor from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Bittensor on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Bittensor as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Bittensor and the cryptocurrency market as a whole.

    Bittensor Tokenomics

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    Bittensor Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-27
    $2.81 B
    69168.96 TAO
    $421.84
    N/A
    2024-04-26
    $3.03 B
    76817.17 TAO
    $456.12
    $421.84
    2024-04-25
    $3.01 B
    104861.93 TAO
    $453.19
    $456.12
    2024-04-24
    $3.27 B
    73481.7 TAO
    $492.71
    $453.19
    2024-04-23
    $3.45 B
    102541.76 TAO
    $519.89
    $492.71
    2024-04-22
    $3.13 B
    55614.78 TAO
    $472.13
    $519.89
    2024-04-21
    $3.15 B
    80967.66 TAO
    $475.54
    $472.13
    2024-04-20
    $2.92 B
    114358.48 TAO
    $441.67
    $475.54