Bittensor TAO
Current Price
$174.58 -4.03%
$15.93 Daily Range (9.12%)
$174.12$190.05
$81.30M Daily Volume
1,240 BTC
Vol/MktCap: 4.85%
Market Performance
0.19% Relative BTC Volume
The total volume of Bittensor is $81.30M over the past 24 hours, compared to $43.18B total Bitcoin volume.
Hourly Moving Average
8 SMA $179.91 -2.96%
13 SMA $182.46 -4.32%
21 SMA $183.32 -4.77%
55 SMA $183.00 -4.60%
144 SMA $176.42 -1.04%
Price Performance
-2.59% 1 Hour Change
$174.58 from $179.23
-2.15% 7 Day Change
-$3.75 from $178.33
+6.13% 14 Day Change
$10.70 from $163.88
-26.38% 30 Day Change
-$46.05 from $220.63
All Time High
March 7, 2024
$757.60 -76.98%
-$583.22 vs. now
24H Change
-69.27M USD -3.97%
-1,056 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
446.49K TAO
traded over past 24 hours
4.65% 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 $178.89, reflecting a slight decline of 1.36% over the last 24 hours. The daily trading range has been significant, with a high of $190.05 and a low of $177.43, indicating volatility in the market.
Trading volume for TAO stands at approximately $84.7 million, corresponding to a volume-to-market cap ratio of 4.92%. This suggests a moderate level of trading activity, which may indicate investor interest despite the recent price dip.
Analyzing the moving averages, the 8 SMA ($185.51) and 13 SMA ($185.16) are both showing declines of around 3.5%, indicating bearish momentum in the short term. However, the 144 SMA ($176.54) has gained 1.33%, suggesting potential support at lower price levels.
The 1-hour RSI is at 39, indicating that TAO is nearing oversold territory, while the 7-day RSI at 49 reflects a neutral position. The price has seen a small increase of approximately 0.95% over the past week, but a more significant drop of about 24.93% over the last 30 days highlights overall bearish sentiment.
Historically, TAO reached its all-time high of $757.60 in March 2024, which presents a substantial potential upside from the current price level. However, the significant price decline over the last month suggests that current market conditions may not favor a quick recovery to previous highs.
Given the technical indicators pointing towards bearish sentiment in the short term, along with the recent price action, a cautious approach is warranted. The immediate outlook suggests holding onto positions until clearer bullish signals emerge, particularly as the price hovers near established support levels.
**Rating: Hold** - Current market conditions indicate a need for caution, as there is potential for further downside before a recovery.
Trading volume for TAO stands at approximately $84.7 million, corresponding to a volume-to-market cap ratio of 4.92%. This suggests a moderate level of trading activity, which may indicate investor interest despite the recent price dip.
Analyzing the moving averages, the 8 SMA ($185.51) and 13 SMA ($185.16) are both showing declines of around 3.5%, indicating bearish momentum in the short term. However, the 144 SMA ($176.54) has gained 1.33%, suggesting potential support at lower price levels.
The 1-hour RSI is at 39, indicating that TAO is nearing oversold territory, while the 7-day RSI at 49 reflects a neutral position. The price has seen a small increase of approximately 0.95% over the past week, but a more significant drop of about 24.93% over the last 30 days highlights overall bearish sentiment.
Historically, TAO reached its all-time high of $757.60 in March 2024, which presents a substantial potential upside from the current price level. However, the significant price decline over the last month suggests that current market conditions may not favor a quick recovery to previous highs.
Given the technical indicators pointing towards bearish sentiment in the short term, along with the recent price action, a cautious approach is warranted. The immediate outlook suggests holding onto positions until clearer bullish signals emerge, particularly as the price hovers near established support levels.
**Rating: Hold** - Current market conditions indicate a need for caution, as there is potential for further downside before a recovery.
Updated 293 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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