Bittensor TAO
Current Price
$218.48 -8.04%
$24.58 Daily Range (11.25%)
$215.67$240.25
$125.05M Daily Volume
1,491 BTC
Vol/MktCap: 5.96%
Market Performance
0.19% Relative BTC Volume
The total volume of Bittensor is $125.05M over the past 24 hours, compared to $66.72B total Bitcoin volume.
Hourly Moving Average
8 SMA $224.40 -2.64%
13 SMA $226.18 -3.41%
21 SMA $229.70 -4.88%
55 SMA $233.37 -6.38%
144 SMA $233.87 -6.58%
Price Performance
-0.83% 1 Hour Change
$218.48 from $220.32
-8.82% 7 Day Change
-$19.28 from $237.76
-21.92% 14 Day Change
-$47.90 from $266.38
-0.92% 30 Day Change
-$2.00 from $220.48
All Time High
March 7, 2024
$757.60 -71.15%
-$539.06 vs. now
24H Change
-184.53M USD -8.09%
-2,200 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
548.56K TAO
traded over past 24 hours
5.72% 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 $221.89, experiencing a significant decline of 6.67% over the past 24 hours. The price has oscillated between a high of $240.25 and a low of $216.08 during this period, reflecting a daily range of 24.17%, which indicates considerable volatility.
Volume stands at approximately 133.97 million, contributing to a volume-to-market cap ratio of 6.29%. The moving averages reveal a bearish trend, with the 8 SMA at $228.44 showing a decline of 2.87%, and the 144 SMA at $234.45 reflecting a drop of 5.36%, suggesting downward pressure on the asset.
The Relative Strength Index (RSI) readings indicate a strong bearish sentiment, with the 1-hour RSI at 10, signaling oversold conditions. The 7-day RSI at 44 suggests a potential for a rebound; however, the negative price changes over the past 7 days (-6.77%), 14 days (-21.24%), and 30 days (-0.05%) highlight ongoing selling pressure.
Given the current technical indicators and the substantial drop from the all-time high of $757.60, the market sentiment appears to be predominantly negative. While the asset has reached oversold conditions, the prevailing trend suggests that caution is warranted.
In conclusion, the recommendation for Bittensor (TAO) is to Hold. This rating reflects the need to monitor for potential stabilization before making further investment decisions, as the current downtrend and bearish indicators may continue to influence price movement in the short term.
Volume stands at approximately 133.97 million, contributing to a volume-to-market cap ratio of 6.29%. The moving averages reveal a bearish trend, with the 8 SMA at $228.44 showing a decline of 2.87%, and the 144 SMA at $234.45 reflecting a drop of 5.36%, suggesting downward pressure on the asset.
The Relative Strength Index (RSI) readings indicate a strong bearish sentiment, with the 1-hour RSI at 10, signaling oversold conditions. The 7-day RSI at 44 suggests a potential for a rebound; however, the negative price changes over the past 7 days (-6.77%), 14 days (-21.24%), and 30 days (-0.05%) highlight ongoing selling pressure.
Given the current technical indicators and the substantial drop from the all-time high of $757.60, the market sentiment appears to be predominantly negative. While the asset has reached oversold conditions, the prevailing trend suggests that caution is warranted.
In conclusion, the recommendation for Bittensor (TAO) is to Hold. This rating reflects the need to monitor for potential stabilization before making further investment decisions, as the current downtrend and bearish indicators may continue to influence price movement in the short term.
Updated 175 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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