Bittensor TAO
Current Price
$197.69 +4.15%
$21.25 Daily Range (10.75%)
$184.44$205.69
$120.23M Daily Volume
1,531 BTC
Vol/MktCap: 6.33%
Market Performance
0.17% Relative BTC Volume
The total volume of Bittensor is $120.23M over the past 24 hours, compared to $72.49B total Bitcoin volume.
Hourly Moving Average
8 SMA $199.22 -0.77%
13 SMA $198.50 -0.41%
21 SMA $195.28 +1.24%
55 SMA $194.22 +1.79%
144 SMA $211.94 -6.72%
Price Performance
-1.01% 1 Hour Change
$197.69 from $199.70
-15.82% 7 Day Change
-$31.28 from $228.97
-20.70% 14 Day Change
-$40.92 from $238.61
-23.33% 30 Day Change
-$46.12 from $243.81
All Time High
March 7, 2024
$757.60 -73.89%
-$559.82 vs. now
24H Change
78.94M USD +4.34%
1,005 BTC
Volume and Supply
Total Supply: 21.00M TAO 
9.60M TAO Available45.70% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
1.05 x BTC Supply1:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
616.38K TAO
traded over past 24 hours
6.42% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Bittensor AI Market Analysis
Bittensor (TAO) is currently priced at $199.19, reflecting a 24-hour increase of 5.03%. The daily trading range shows significant volatility, with a high of $205.69 and a low of $183.86, indicating a daily range of 21.83%.
The trading volume stands at approximately $154.67 million, with a volume-to-market cap ratio of 8.07%, suggesting healthy market activity. However, despite the positive 24-hour change, the 7-day RSI at 42 indicates potential weakness, signaling that TAO could be approaching oversold territory after a 15% decline over the past week.
Technical indicators reveal mixed signals; short-term moving averages such as the 8 SMA and 13 SMA are in a bullish position, with gains of 1.32% and 2.87%, respectively. In contrast, the 144 SMA shows a decline of 6.77%, highlighting a longer-term bearish trend that may be influencing investor sentiment.
The one-hour RSI is at 70, indicating potential overbought conditions in the short term, which could lead to a price correction. Meanwhile, the all-time high of $757.60 reached in March 2024 illustrates the asset's volatility and potential for significant price swings.
Given the recent price action, the short-term bullish momentum may lead to further gains in the coming days, but the long-term trend remains negative. The combination of short-term strength against long-term weakness suggests caution for investors.
Considering the current data, a Hold rating is appropriate. This strategy allows investors to evaluate further price movements while monitoring market conditions closely, as a correction could present a more favorable entry point in the future.
The trading volume stands at approximately $154.67 million, with a volume-to-market cap ratio of 8.07%, suggesting healthy market activity. However, despite the positive 24-hour change, the 7-day RSI at 42 indicates potential weakness, signaling that TAO could be approaching oversold territory after a 15% decline over the past week.
Technical indicators reveal mixed signals; short-term moving averages such as the 8 SMA and 13 SMA are in a bullish position, with gains of 1.32% and 2.87%, respectively. In contrast, the 144 SMA shows a decline of 6.77%, highlighting a longer-term bearish trend that may be influencing investor sentiment.
The one-hour RSI is at 70, indicating potential overbought conditions in the short term, which could lead to a price correction. Meanwhile, the all-time high of $757.60 reached in March 2024 illustrates the asset's volatility and potential for significant price swings.
Given the recent price action, the short-term bullish momentum may lead to further gains in the coming days, but the long-term trend remains negative. The combination of short-term strength against long-term weakness suggests caution for investors.
Considering the current data, a Hold rating is appropriate. This strategy allows investors to evaluate further price movements while monitoring market conditions closely, as a correction could present a more favorable entry point in the future.
Updated 251 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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