Bittensor TAO
Current Price
$303.51 +2.52%
$25.53 Daily Range (8.41%)
$287.67$313.20
$175.07M Daily Volume
1,883 BTC
Vol/MktCap: 6.02%
Market Performance
+0.19% 0.0033 BTC
-3.92% 0.0910 ETH
+2.52% 303.51 USDT
+0.85% 143.84 XRP
+2.14% 0.3360 BNB
0.32% Relative BTC Volume
The total volume of Bittensor is $175.07M over the past 24 hours, compared to $55.25B total Bitcoin volume.
Hourly Moving Average
8 SMA $305.59 -0.68%
13 SMA $301.53 +0.66%
21 SMA $298.38 +1.72%
55 SMA $292.19 +3.87%
144 SMA $288.69 +5.13%
Price Performance
-2.73% 1 Hour Change
$303.51 from $312.02
+8.80% 7 Day Change
$26.70 from $276.81
-0.05% 14 Day Change
-$0.1457 from $303.66
-21.56% 30 Day Change
-$65.45 from $368.96
All Time High
March 7, 2024
$757.60 -59.99%
-$454.51 vs. now
24H Change
70.41M USD +2.48%
757 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 Supply = 1:1 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
582.72K TAO traded over past 24 hours
6.07% 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 $312.3, reflecting a 24-hour change of 6.39%. The daily trading range shows significant volatility, with a high of $313.2 and a low of $287.67, indicating a 25.53% fluctuation within the day.
The trading volume stands at approximately $159.86 million, which represents 5.33% of the market cap. Short-term moving averages (8, 13, 21 SMA) are trending positively, with increases ranging from 5.47% to 7.87%, suggesting bullish momentum in the near term.
The 1-hour RSI is at 68, nearing overbought territory, while the 7-day RSI is at 55, indicating stable momentum without excessive buying pressure. In contrast, the 30-day price change of -18.10% signals a longer-term bearish trend that traders should consider.
Given the recent price recovery and increased trading activity, TAO appears to be in a short-term uptrend. However, the significant drop over the past month combined with the nearing overbought condition on the 1-hour RSI warrants caution.
Based on the analysis, I recommend a Hold rating. This position allows traders to assess the market's response to potential resistance near the all-time high of $757.6 while being mindful of volatility and longer-term trends.
The trading volume stands at approximately $159.86 million, which represents 5.33% of the market cap. Short-term moving averages (8, 13, 21 SMA) are trending positively, with increases ranging from 5.47% to 7.87%, suggesting bullish momentum in the near term.
The 1-hour RSI is at 68, nearing overbought territory, while the 7-day RSI is at 55, indicating stable momentum without excessive buying pressure. In contrast, the 30-day price change of -18.10% signals a longer-term bearish trend that traders should consider.
Given the recent price recovery and increased trading activity, TAO appears to be in a short-term uptrend. However, the significant drop over the past month combined with the nearing overbought condition on the 1-hour RSI warrants caution.
Based on the analysis, I recommend a Hold rating. This position allows traders to assess the market's response to potential resistance near the all-time high of $757.6 while being mindful of volatility and longer-term trends.
Updated 335 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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