Bittensor TAO
Current Price
$277.97 -5.20%
$16.13 Daily Range (5.80%)
$277.08$293.21
$121.11M Daily Volume
1,267 BTC
Vol/MktCap: 4.54%
Market Performance
0.20% Relative BTC Volume
The total volume of Bittensor is $121.11M over the past 24 hours, compared to $60.90B total Bitcoin volume.
Hourly Moving Average
8 SMA $284.83 -2.41%
13 SMA $284.55 -2.31%
21 SMA $286.28 -2.90%
55 SMA $290.13 -4.19%
144 SMA $285.57 -2.66%
Price Performance
-2.08% 1 Hour Change
$277.97 from $283.87
-2.47% 7 Day Change
-$6.86 from $284.83
+23.29% 14 Day Change
$64.74 from $213.23
+5.82% 30 Day Change
$16.17 from $261.80
All Time High
March 7, 2024
$757.60 -63.32%
-$479.71 vs. now
24H Change
-144.21M USD -5.13%
-1,508 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
424.75K TAO
traded over past 24 hours
4.43% 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 $282.89, experiencing a 24-hour decline of 4.73%. The price range for the past day has been between $280.44 and $298.65, indicating a volatility of 18.21%, which is relatively high for this asset.
The trading volume over the last 24 hours stands at approximately 156.31 million, with a volume-to-market cap ratio of 5.76%. This suggests a moderate level of trading activity, but the declining price alongside the volume indicates potential selling pressure.
The hourly moving averages are all in a downtrend, with the 8 SMA at $284.25 and the 144 SMA at $285.62. This consistent bearish trend in moving averages suggests a short-term weakness, as prices have been unable to maintain higher levels.
The Relative Strength Index (RSI) is at 33 for the 1-hour timeframe, indicating that TAO is approaching oversold territory, while the 7-day RSI is at 49, suggesting a more neutral position. This divergence hints at potential short-term recovery but reinforces the need for caution given the recent price action.
Looking at price changes, TAO has shown a 4.61% increase over the last week, a significant 26.52% rise over the past 14 days, and a modest 7.95% increase over the last 30 days. Despite these gains, the recent daily drop could signal a shift in momentum, requiring careful monitoring of market conditions.
Considering the current market dynamics, including bearish trends in moving averages, RSI readings, and recent price action, a cautious approach is warranted. Therefore, I assign a Hold rating on Bittensor (TAO), suggesting investors monitor for potential signs of recovery or further declines before making any new positions.
The trading volume over the last 24 hours stands at approximately 156.31 million, with a volume-to-market cap ratio of 5.76%. This suggests a moderate level of trading activity, but the declining price alongside the volume indicates potential selling pressure.
The hourly moving averages are all in a downtrend, with the 8 SMA at $284.25 and the 144 SMA at $285.62. This consistent bearish trend in moving averages suggests a short-term weakness, as prices have been unable to maintain higher levels.
The Relative Strength Index (RSI) is at 33 for the 1-hour timeframe, indicating that TAO is approaching oversold territory, while the 7-day RSI is at 49, suggesting a more neutral position. This divergence hints at potential short-term recovery but reinforces the need for caution given the recent price action.
Looking at price changes, TAO has shown a 4.61% increase over the last week, a significant 26.52% rise over the past 14 days, and a modest 7.95% increase over the last 30 days. Despite these gains, the recent daily drop could signal a shift in momentum, requiring careful monitoring of market conditions.
Considering the current market dynamics, including bearish trends in moving averages, RSI readings, and recent price action, a cautious approach is warranted. Therefore, I assign a Hold rating on Bittensor (TAO), suggesting investors monitor for potential signs of recovery or further declines before making any new positions.
Updated 408 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
You May Also Like
In The News

Uniswap price prediction 2026-2032: Will UNI keep steady?
Key takeaways: Uniswap, a DeFi protocol founded in 2018 by former mechanical engineer Hayden Adams.

Crypto for Advisors: Blockchain’s Impact on Government
The CLARITY Act, expected to clarify digital asset rules, will enable blockchain to bring real-time transparency to government operations and public spending.

Goldman is 'spending a lot of time' on crypto, prediction markets efforts, CEO Solomon says
The firm is exploring how these technologies can fit into its business and has met with prediction market platforms.

Crypto market sentiment rebounds to neutral as trading volumes remain muted
The Crypto Fear and Greed Index has climbed back to 54, as digital asset prices…