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Bittensor's Native Token TAO Rises Over 90%, Reaches $3 Billion Market Cap

Bittensor's Native Token TAO Rises Over 90%, Reaches $3 Billion Market Cap

2024/02/06 19:20
TAO-2.79%ETH-1.65%AIOLD0.00%

TAO, the native token of AI network Bittensor, has risen more than 90 per cent in a fortnight to a market cap of $3 billion. The token is currently trading at around $482. About a week ago, Ether founder Vitalek Buterin appeared to express his support for Bittensor. in a blog post, Buterin said that Bittensor offers an opportunity to incentivise the creation of better AI by providing financial incentives.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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