Bittensor TAO
Current Price
$252.37 +1.38%
$7.42 Daily Range (2.94%)
$245.18$252.60
$130.75M Daily Volume
1,683 BTC
Vol/MktCap: 5.40%
Market Performance
0.52% Relative BTC Volume
The total volume of Bittensor is $130.75M over the past 24 hours, compared to $25.12B total Bitcoin volume.
Hourly Moving Average
8 SMA $250.59 +0.71%
13 SMA $249.86 +1.01%
21 SMA $249.76 +1.05%
55 SMA $247.52 +1.96%
144 SMA $246.00 +2.59%
Price Performance
+0.40% 1 Hour Change
$252.37 from $251.37
+1.63% 7 Day Change
$4.12 from $248.25
-4.90% 14 Day Change
-$12.36 from $264.73
-24.11% 30 Day Change
-$60.84 from $313.21
All Time High
March 7, 2024
$757.60 -66.75%
-$505.68 vs. now
24H Change
29.98M USD +1.26%
386 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
525.35K TAO
traded over past 24 hours
5.47% 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 trading at $250.84, showing a modest 24-hour increase of 1.03%. The daily price range has been notable, fluctuating between a high of $252.6 and a low of $245.18, indicating a volatility of 7.42% in this period.
The trading volume stands at 132,784,068, with a volume-to-market cap ratio of 5.51%, suggesting a healthy level of trading activity relative to its market capitalization. The short-term moving averages show a positive trend, with the 8 SMA at $248.85, indicating a 0.80% increase, while longer-term averages are also in a slight upward trajectory.
The 1-hour RSI is positioned at 58, suggesting that the asset is approaching overbought conditions, while the 7-day RSI of 51 indicates a more neutral market sentiment. Over the past week, TAO has seen minimal price change of approximately 0.16%, but the 14-day and 30-day price changes show a decline of 4.34% and 25.18%, respectively, indicating a longer-term bearish trend.
Considering the all-time high of $757.6 reached in March 2024, current prices reflect significant retracement. The momentum indicators and recent price stability suggest a potential consolidation phase, though the overall trend appears downward over the longer term.
Given the current data and the mixed signals from the moving averages and RSI, a cautious approach is warranted. Therefore, the recommendation is to Hold at this time, monitoring for signs of bullish reversal or further weakness before making any trading decisions.
The trading volume stands at 132,784,068, with a volume-to-market cap ratio of 5.51%, suggesting a healthy level of trading activity relative to its market capitalization. The short-term moving averages show a positive trend, with the 8 SMA at $248.85, indicating a 0.80% increase, while longer-term averages are also in a slight upward trajectory.
The 1-hour RSI is positioned at 58, suggesting that the asset is approaching overbought conditions, while the 7-day RSI of 51 indicates a more neutral market sentiment. Over the past week, TAO has seen minimal price change of approximately 0.16%, but the 14-day and 30-day price changes show a decline of 4.34% and 25.18%, respectively, indicating a longer-term bearish trend.
Considering the all-time high of $757.6 reached in March 2024, current prices reflect significant retracement. The momentum indicators and recent price stability suggest a potential consolidation phase, though the overall trend appears downward over the longer term.
Given the current data and the mixed signals from the moving averages and RSI, a cautious approach is warranted. Therefore, the recommendation is to Hold at this time, monitoring for signs of bullish reversal or further weakness before making any trading decisions.
Updated 80 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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