Bittensor TAO
Current Price
$179.58 +2.59%
$6.80 Daily Range (3.79%)
$173.77$180.57
$101.65M Daily Volume
1,515 BTC
Vol/MktCap: 5.88%
Market Performance
0.24% Relative BTC Volume
The total volume of Bittensor is $101.65M over the past 24 hours, compared to $42.77B total Bitcoin volume.
Hourly Moving Average
8 SMA $176.39 +1.81%
13 SMA $176.79 +1.58%
21 SMA $176.71 +1.63%
55 SMA $182.62 -1.66%
144 SMA $187.73 -4.34%
Price Performance
+0.93% 1 Hour Change
$179.58 from $177.92
+12.47% 7 Day Change
$22.39 from $157.19
+4.41% 14 Day Change
$7.93 from $171.65
-24.90% 30 Day Change
-$44.72 from $224.30
All Time High
March 7, 2024
$757.60 -76.39%
-$578.74 vs. now
24H Change
46.12M USD +2.74%
687 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
573.76K TAO
traded over past 24 hours
5.98% 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 $178.32, reflecting a slight decline of 1.45% over the last 24 hours. The daily trading range has been relatively active, with a high of $182.70 and a low of $173.77, indicating a volatility of 8.93%.
The trading volume stands at approximately $99.4 million, which represents 5.82% of its market cap, signaling healthy liquidity in the market. The moving averages show mixed signals: while the 8 SMA and 13 SMA are showing positive momentum at +0.69% and +0.74%, respectively, the 55 SMA and 144 SMA are underperforming, indicating potential resistance levels at $184.10 and $188.64.
The 1-hour RSI is at 61, suggesting a short-term bullish sentiment, whereas the 7-day RSI at 46 indicates a neutral to slightly bearish trend over a longer period. Price changes over the past week and two weeks are positive at 13.61% and 10.15%, yet the 30-day change is negative at -24.45%, suggesting longer-term weakness.
Given that the all-time high for TAO was $757.60, the current price reflects a significant drawdown, yet it is essential to recognize the potential for recovery based on recent positive price momentum. If TAO manages to sustain above the 8 and 13 SMA levels, it could signal a possible uptrend.
Overall, given the mixed indicators but with a leaning toward short-term bullishness, I recommend a Hold rating. This position allows for observation of market developments while protecting against potential downside risks, particularly in the context of broader market conditions and the recent price decline.
The trading volume stands at approximately $99.4 million, which represents 5.82% of its market cap, signaling healthy liquidity in the market. The moving averages show mixed signals: while the 8 SMA and 13 SMA are showing positive momentum at +0.69% and +0.74%, respectively, the 55 SMA and 144 SMA are underperforming, indicating potential resistance levels at $184.10 and $188.64.
The 1-hour RSI is at 61, suggesting a short-term bullish sentiment, whereas the 7-day RSI at 46 indicates a neutral to slightly bearish trend over a longer period. Price changes over the past week and two weeks are positive at 13.61% and 10.15%, yet the 30-day change is negative at -24.45%, suggesting longer-term weakness.
Given that the all-time high for TAO was $757.60, the current price reflects a significant drawdown, yet it is essential to recognize the potential for recovery based on recent positive price momentum. If TAO manages to sustain above the 8 and 13 SMA levels, it could signal a possible uptrend.
Overall, given the mixed indicators but with a leaning toward short-term bullishness, I recommend a Hold rating. This position allows for observation of market developments while protecting against potential downside risks, particularly in the context of broader market conditions and the recent price decline.
Updated 323 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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