Bittensor TAO
Current Price
$197.64 +4.24%
$21.83 Daily Range (11.05%)
$183.86$205.69
$135.73M Daily Volume
1,732 BTC
Vol/MktCap: 7.16%
Market Performance
0.15% Relative BTC Volume
The total volume of Bittensor is $135.73M over the past 24 hours, compared to $92.34B total Bitcoin volume.
Hourly Moving Average
8 SMA $196.59 +0.53%
13 SMA $193.63 +2.07%
21 SMA $192.50 +2.67%
55 SMA $194.76 +1.48%
144 SMA $213.65 -7.49%
Price Performance
-1.44% 1 Hour Change
$197.64 from $200.53
-15.99% 7 Day Change
-$31.61 from $229.25
-22.73% 14 Day Change
-$44.92 from $242.56
-21.77% 30 Day Change
-$43.02 from $240.66
All Time High
March 7, 2024
$757.60 -73.93%
-$560.08 vs. now
24H Change
74.16M USD +4.07%
946 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
696.84K TAO
traded over past 24 hours
7.26% 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 202.52 USD, reflecting a 6.97% increase over the past 24 hours. The daily trading range has been quite volatile, with a high of 205.69 USD and a low of 183.86 USD, indicating a daily range of 21.83%.
The trading volume stands at approximately 175.28 million, representing 8.94% of the market capitalization. The short-term moving averages, specifically the 8 SMA and 13 SMA, show bullish momentum at 6.56% and 6.36% respectively, while the longer-term moving averages indicate potential resistance, particularly the 144 SMA, which is down 5.82%.
The RSI metrics reveal diverging sentiment; the 1-hour RSI is at 74, suggesting overbought conditions in the short term. In contrast, the 7-day RSI at 44 indicates that TAO is approaching an oversold territory, reflecting a bearish trend over the past week, with a price drop of approximately 12.99%.
Fundamentally, TAO has seen significant price depreciation over the last 14 and 30 days, with changes of -18.86% and -18.15% respectively. The all-time high of 757.6 USD reached in March 2024 suggests considerable room for recovery, but the current market conditions point to a lack of strong upward momentum.
Considering the technical indicators and recent price movements, the recommendation is to Hold. The short-term bullish momentum may offer trading opportunities, but the longer-term bearish trends, combined with the overbought short-term RSI, suggest caution before making further investments.
The trading volume stands at approximately 175.28 million, representing 8.94% of the market capitalization. The short-term moving averages, specifically the 8 SMA and 13 SMA, show bullish momentum at 6.56% and 6.36% respectively, while the longer-term moving averages indicate potential resistance, particularly the 144 SMA, which is down 5.82%.
The RSI metrics reveal diverging sentiment; the 1-hour RSI is at 74, suggesting overbought conditions in the short term. In contrast, the 7-day RSI at 44 indicates that TAO is approaching an oversold territory, reflecting a bearish trend over the past week, with a price drop of approximately 12.99%.
Fundamentally, TAO has seen significant price depreciation over the last 14 and 30 days, with changes of -18.86% and -18.15% respectively. The all-time high of 757.6 USD reached in March 2024 suggests considerable room for recovery, but the current market conditions point to a lack of strong upward momentum.
Considering the technical indicators and recent price movements, the recommendation is to Hold. The short-term bullish momentum may offer trading opportunities, but the longer-term bearish trends, combined with the overbought short-term RSI, suggest caution before making further investments.
Updated 241 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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