🚀 Bittensor surges! TAO price skyrocketed by 35% in a week! 🔥
Although the entire crypto market has been consolidating recently, Bittensor has defied the trend 📈. Since March 8, #TAO has increased by a full 94%, nearly doubling! On Wednesday, it broke through $370 but quickly fell back to around $340, yet the weekly increase remains impressive 💪.
The reason TAO is thriving is due to the concept of artificial intelligence—on a decentralized platform, machine learning models compete with each other, and those that perform well earn token rewards 💡. Its market capitalization is currently about $3.65 billion, surpassing #SHIB and #TON , and it's just a small step away from ranking 26th with Sui!
Interestingly, retail investors on social media are not going wild. Discussions on X, Reddit, and Telegram have surged, but the sentiment is balanced, with a positive/negative ratio of only 1.5—meaning two bearish comments correspond to three bullish ones 📊. Santiment analysis suggests that this low FOMO may indicate that there is still room for upward movement, rather than hitting a peak immediately. #US crypto legislation faces obstacles again