This AI Crypto Rallies by 400% in 30 Days, But There's Caveat
Bittensor (TAO), project focused on bringing decentralization to AI, rocketing by 400% in 30 days...
- Bittensor (TAO), an AI-centric cryptocurrency, has seen a significant increase in price, almost quintupling in less than 30 days.
- The price of TAO reached an all-time high of $239.35 on major spot exchanges, with a 400% increase in the last 30 days.
- Bittensor (TAO) has become the largest AI cryptocurrency, surpassing Render Network (RNDR).
- However, on CoinMarketCap, Bittensor's circulating supply and market capitalization are still marked as "unverified," affecting its ranking.
- The Bittensor (TAO) protocol emphasizes decentralization in the AI segment, opposing centralized AI corporations.
- Bittensor (TAO) was launched as an open-source AI protocol by former Google developer Jacob Steeves.
- The firing of OpenAI CEO Sam Altman may have contributed to the recent spike in TAO's price.
The article highlights the positive performance and growth of Bittensor (TAO) in the AI cryptocurrency market. The sentiment is generally optimistic and positive.