Token

Major

Bittensor

Hedera

<ul class="wp-block-list">
 <li><strong>TAO token price is trading above the $620 price level, rising by over 10% today.&nbsp;</strong></li>
 <li><strong>RSI value stands at 66, confirming trend and pointing towards further price surge.&nbsp;</strong></li>
</ul>
<p>Bittensor’s TAO token is on a relentless 25% price surge for the past week. It is currently trading above $650, going up by more than 10% today. Technical indicators such as RSI and EMA are pointing towards further price surge, adding to the community buzz around TAO on X.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd0BdCAYRZ0A2EtnR3cFX7ANGpGs0gcuuFNMPJBr_NQdDeO3_kBovYTBGmQxtUnxWp-y-mELOrhAMqLHBj9EW5tijE0-yPOWHfdhr2xBqPTTkXikgXrdzGjCj6CTpcTtv5DDwsksg?key=jnrTqJkFWpauQ-2RNAdtbQW1" alt="">
 </figure>
</div>
<p>Source: <a href="https://coinmarketcap.com/currencies/bittensor/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a></p>
<p>The uptrend of TAO token first started with <a href="https://docs.bittensor.com/chain-rel-notes" target="_blank" rel="noopener noreferrer nofollow">Bittensor announcement</a> of a new permissioned EVM feature around a couple of days ago. With the integration of the EVM feature, Bittensor enhances blockchain development and increases liquidity, bringing more users to the platform.&nbsp;</p>
<p>Since the new feature announcement, TAO has been on a continuous price surge and went above the $630 price level today. While the token price increased by over 10%, the trading volume is up by more than 40% in the last 24 hours. The market cap of TAO token is standing above $4.5 billion.&nbsp;</p>
<h3 class="wp-block-heading" id="h-will-tao-token-continue-its-price-surge">Will TAO Token Continue its Price Surge?</h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeA5mV3eQrhe5_TzsZJnw1NeLMXlz0OmVknDfsvQsBGV7EJ_UfeOCf4sDQqd9Omr6-kSnCBR8ZPEfxorOS2PzylwrJJuhGxC8n89FPoOkuC7YM15iv3sYmcSuh4MyNQXnKzu5z-_Q?key=jnrTqJkFWpauQ-2RNAdtbQW1" alt="">
 </figure>
</div>
<p>Source: <a href="https://in.tradingview.com/chart/g0wlRAZz/?symbol=BINANCE%3ATAOUSDT" target="_blank" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>The RSI value of <a href="https://thenewscrypto.com/bittensor-tao-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bittensor’s TAO token price</a> movements stands at 66, which justifies the current trend and suggests that there is more room for growth. Exponential Moving Average is also pointing towards an upward trend.&nbsp;</p>
<p>Adding to the technical indicators, the crypto community on X is positive about exponential growth of TAO token price. However, a price correction could take place in case the token enters an overbought condition.&nbsp;</p>
<p>The market cap of Bittensor’s TAO token market cap has already surpassed <a href="https://thenewscrypto.com/ai-tokens-that-showed-significant-growth-in-2024/" target="_blank" rel="noopener noreferrer nofollow">top AI tokens</a> such as RENDER, GRT, INJ and is <a href="https://coinmarketcap.com/view/ai-big-data/" target="_blank" rel="noopener noreferrer nofollow">positioned</a> in the top 3 AI crypto tokens. With strong fundamentals and infrastructure developments, Bittensor is emerging as one of the top AI crypto projects.&nbsp;</p>
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Will TAO Token Continue its Price Rally After 10% Surge?

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