Bittensor TAO
Current Price
$310.56 -1.98%
$11.85 Daily Range (3.82%)
$305.79$317.64
$174.68M Daily Volume
2,160 BTC
Vol/MktCap: 5.86%
Market Performance
0.83% Relative BTC Volume
The total volume of Bittensor is $174.68M over the past 24 hours, compared to $21.00B total Bitcoin volume.
Hourly Moving Average
8 SMA $308.91 +0.53%
13 SMA $309.96 +0.19%
21 SMA $311.66 -0.35%
55 SMA $308.80 +0.57%
144 SMA $299.54 +3.68%
Price Performance
+0.21% 1 Hour Change
$310.56 from $309.91
+11.95% 7 Day Change
$37.12 from $273.44
+26.26% 14 Day Change
$81.55 from $229.01
-6.94% 30 Day Change
-$21.54 from $332.10
All Time High
March 7, 2024
$757.60 -59.04%
-$447.31 vs. now
24H Change
-57.69M USD -1.90%
-713 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
560.38K TAO
traded over past 24 hours
5.84% 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 $310.38, reflecting a slight decline of 1.66% over the past 24 hours. The daily trading range has been notable at 11.85%, with a high of $317.64 and a low of $305.79, indicating volatility that could attract traders looking for short-term opportunities.
Volume stands at 174,339,345, translating to a volume-to-market cap ratio of 5.85%, which suggests healthy trading activity. The hourly moving averages show a mixed sentiment, with the 8 SMA at $308.91 indicating bullish momentum, while the 21 SMA at $311.66 is slightly bearish.
The 1-hour RSI is currently at 46, indicating a neutral position, while the 7-day RSI at 53 suggests that the asset is neither overbought nor oversold. Over the last week, TAO has seen an increase of approximately 11.89%, but its 30-day performance shows a decline of about 6.99%, highlighting some recent weakness.
Given that TAO is trading significantly below its all-time high of $757.60, the potential for recovery remains, but the current price action indicates caution. The mixed signals from the moving averages and RSI metrics suggest that traders should be vigilant in their approach.
Based on this analysis, I would issue a Hold rating on Bittensor (TAO). The recent price action and volatility present opportunities for short-term traders, but the lack of clear bullish signals for a strong upward trend suggests that waiting for a more definitive breakout or additional confirmation may be prudent.
Volume stands at 174,339,345, translating to a volume-to-market cap ratio of 5.85%, which suggests healthy trading activity. The hourly moving averages show a mixed sentiment, with the 8 SMA at $308.91 indicating bullish momentum, while the 21 SMA at $311.66 is slightly bearish.
The 1-hour RSI is currently at 46, indicating a neutral position, while the 7-day RSI at 53 suggests that the asset is neither overbought nor oversold. Over the last week, TAO has seen an increase of approximately 11.89%, but its 30-day performance shows a decline of about 6.99%, highlighting some recent weakness.
Given that TAO is trading significantly below its all-time high of $757.60, the potential for recovery remains, but the current price action indicates caution. The mixed signals from the moving averages and RSI metrics suggest that traders should be vigilant in their approach.
Based on this analysis, I would issue a Hold rating on Bittensor (TAO). The recent price action and volatility present opportunities for short-term traders, but the lack of clear bullish signals for a strong upward trend suggests that waiting for a more definitive breakout or additional confirmation may be prudent.
Updated 7 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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