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Crypto
Bittensor(TAO)

$442.03

3.72%

Market Cap
2.73b
 

3.72%

Volume (24h)
12.96m
 

74.65%

Released on 06 Mar 2023
Xavier Lyu
Xavier Lyu
Maximizing Your Impact in Bittensor: What You Should Know Before Running a Node
4 days ago
Crypto
ETH
Wrapped TAO(WTAO)

$441.70

3.54%

Market Cap
N/A
 

Volume (24h)
1.59m
 

33.09%

Released on 15 Feb 2023
CoinEdition
CoinEdition
followers

FET might drop to $0.68 but the price might extend to $3 in the long term. If traders continue to book profits, WLD’s price might plunge to $5.76 before another rally. Entries between $595 and $682 could be great for TAO traders looking to hold in the short and long term. Altcoin Sherpa, a popular crypto analyst on X, told his 207,600 followers to watch AI-themed cryptocurrencies. According to Sherpa, the recent parabolic moves by some of the tokens including Fetch.ai (FET), Worldcoin (WLD), and Bittensor (TAO) do not mean that they have hit their peaks. The analyst, however, noted that the tokens might pull back. But if the prices hit the 0.236 and 0.382 Fibonacci retracement points, then traders should buy. Going to post some AI coin potential entries. Given how hard some of these are going, I would view the .236 fib and the .382 fib areas as good starter points. $FET $WLD $TAO WOULD NOT GO ALL IN on any 1 entry. DO NOT FOMO. A pullback probably coming soon. These are more for… pic.twitter.com/XfW3Sx6iOs — Altcoin Sherpa (@AltcoinSherpa) February 19, 2024 Fetch.ai (FET) FET’s price tapped a two-year peak and reached $1.12 on February 19. However, the 4-hour FET/USD pair showed that the cryptocurrency has printed a bearish candle. This resulted in a decline to $1.00. Meanwhile, a look at the 0.236 Fib level showed that the token might decrease to $0.68. In a highly bearish scenario, the price might drop to $0.64 where the 0.382 Fib level was. But as Sherpa said, a possible nosedive to these levels could serve as great entry points. In the meantime, the Relative Strength Index (RSI) had fallen to 64.84. This implies that the previous bullish momentum had subsided.  FET/USD 4-Hour Chart (Source: TradingView) Should the RSI reading continue to slide, FET’s price might drop to $0.91 within the next few days. However, in the long term, the token value could extend as high as $3 to $5. But that might only happen if the AI narrative remains very present. Worldcoin (WLD) WLD’s price hit $8 on February 19 but was quickly rejected as the price fell to $6.65. Around the same period when WLD hit $8, the Money Flow Index (MFI) hit 93.96, indicating an influx of capital into the cryptocurrency. However, the MFI at press time had declined to 44.84. This suggests that market players have been taking out their liquidity. This decrease was also a sign of profit-booking which could further draw down WLD’s price. WLD/USD 4-Hour Chart (Source: TradingView) In a highly bearish situation, WLD might plunge to $5.76 where the 0.382 Fib retracement was positioned. But if bulls can defend the price action, a good entry can appear around $6.63. Should this be the case, buying pressure might help WLD climb as high as $10. Bittensor (TAO) For TAO, signals from the Fibonacci retracement were a little different. Unlike WLD and FET which placed the 0.236 Fib level below the current price, the Fib level for TAO was at $682.83. At press time, TAO’s price was $595.19. Furthermore, the 0.382 Fib level was at $658.94. This implies that buying the cryptocurrency between $595 and $682 could serve as a good entry for traders looking to hold for the short and long term. TAO/USDT 4-Hour Chart (Source: TradingView) However, the Awesome Oscillator (AO) reading was negative, indicating increasing downward momentum. As it stands, TAO’s price might drop as low as $545. But in the long run, a push toward $1000 looks likely. The post TAO, FET, and WLD May Offer Better Buying Opportunities: Analyst appeared first on Coin Edition.

4 days ago
CoinEdition
CoinEdition
followers

AI altcoins are gaining traction, promising investment for growth amidst evolving technology and projected industry surges. SingularityNET (AGIX) and LimeWire (LMWR) prevail as top contenders in the race of AI Altcoins for 2024. Bittensor’s (TAO) and AIT Protocol stand out, following SingularityNET (AGIX) and LimeWire (LMWR). AI altcoins are emerging as promising contenders for investors seeking growth opportunities. The latest developments in AI technology combined with projections of exponential industry growth, have set the stage for a surge in interest and investment.  In a recent video, the YouTube channel ‘Altcoin Daily’ dives into a comprehensive list of the top five AI crypto altcoins for 2024, based on recent insights. Top 5 AI #Crypto Altcoins For 2024?$TAO$FET$OCEAN$CGPT $AGIX $PAAL$AIT$LMWR $GRT $RNDR$AKTWATCH: https://t.co/tTECVsWfe0 pic.twitter.com/RYLu2lxUK0 — Altcoin Daily (@AltcoinDailyio) February 18, 2024 Starting off the list is SingularityNET (AGIX) which is allegedly a pioneer in the decentralized AI platform space since its birth in 2017. With a vision to democratize AI services, SingularityNET offers a marketplace running on blockchain technology, enabling creators to share and monetize AI solutions at scale. Based on its price prediction, AGIX could be affected by Bitcoin halving and could trade beyond the price of $1.1 by the end of 2024. Next is LimeWire, once infamous for its role in music piracy, is now rebranded as an AI-powered content creation platform. Leveraging blockchain technology, Lime Wire empowers artists to maintain control and monetization rights over their content while tapping into AI for streamlined creation processes. DeFi platform Consola.finance collaborated with LimeWire (LMWR) among other organizations to develop its resilient platform. The platform recently announced the launch of its end-to-end finance and accounting platform specifically designed for web3 firms. Bittensor (TAO), touted as the highest-cap AI crypto coin is standing out with its peer-to-peer decentralized protocol facilitating machine learning collaboration. Using technologies like mixtures of experts and distillation, Bit Tensor aims to create a collective intelligence network for AI models to learn from each other. AIT Protocol follows as the world’s first AI data infrastructure and this is bridging the gap between AI and big data industries. With a decentralized approach to data collection and annotation, AIT Protocol seeks to revolutionize the $300 billion big data industry while creating millions of job opportunities through its “train to earn” model. Rounding off the list is The Graph (GRT), a web3 protocol revolutionizing blockchain data access and organization. Positioned as the decentralized alternative to Google’s data indexing, The Graph shows impressive metrics, including exponential growth in query volume and an increase in adoption across various projects. The post These 5 AI Altcoins Could Be Your Next Investment Hit appeared first on Coin Edition.

6 days ago
koinmilyoner
koinmilyoner
followers

🤖🤖Over $13 billion was spent on AI cryptocurrency🤖🤖 ⭐With a market worth of $3.8 billion, TAO (Bittensor) is the most valuable AI-related cryptocurrency. ⭐With a market valuation of 1.8 billion, it far outpaces its nearest competitor, RNDR (Render), which comes in at number two. ⭐With a market worth of little over $0.8 billion, AKT of Akash Network is the third cryptocurrency, but after the first two, the gap widens. With market caps ranging from 450 million to 280 million, only one of the remaining six—FET of Fetch.ai—has a valuation above half a billion. ⭐Considering that the field of generative artificial intelligence was founded only two years ago, the rise of crypto tokens associated with it has already been amazing, according to Stocklytics. ⭐Many people are curious in the potential uses of artificial intelligence (AI) in fields other than cryptography, and this has led to a boom in their interest in conversational AI software like ChatGPT. ⭐⭐Analysis by Stocklytics ⭐According to financial analyst Edith Reads, who oversaw Stocklytics' report, reaching these milestones was no easy task for a relatively young industry. ⭐Reads claims that the increasing use of conversational AI is one of numerous causes that would be driving this growth. ⭐Thus, the massive investments in generative AI have also affected crypto adoption. Tech behemoths like Google and Microsoft have bolstered the sector's credibility through increased investments in AI projects, leading to further adoption. ⭐⭐Key artificial intelligence cryptocurrencies ⭐You may engage with the eponymous marketplace using TAO, the native cryptocurrency of the Bittensor project. Machine learning expertise may be freely shared in the Bittensor marketplace, a peer-to-peer platform. ⭐The Render Network utility token, on the other hand, is RNDR. This ERC 20 token may be bought and sold on the network for the purpose of purchasing visual effects, animations, and graphics. #ai #TrendingTopic #Write2Earn #RNDR

8 days ago
The Cryptonomist
The Cryptonomist
followers

Recently, the total market capitalization of AI (artificial intelligence) related crypto tokens has exceeded 12 billion dollars. ​ This is what emerges from a recent report by Stocklytics.com that considers nine cryptos: Bittensor (TAO), Render (RNDR), Akash Network (AKT), Fetch.ai (FET), CorgiAI (CORGIAI), SingularityNET (AGIX), Echelon Prime (PRIME), Ocean Protocol (OCEAN), OriginTrail (TRAC). The crypto AI The AI-related crypto with the highest market capitalization is TAO (Bittensor), which reaches 3.8 billion dollars.  In this ranking it is clearly in the lead, since the second, RNDR (Render), has only just over half of the market capitalization (1.8 billion). After these first two there is an abyss, because the third, AKT of Akash Network, has only just over 0.8 billion dollars in market capitalization. Of the other six, only one, FET of Fetch.ai, has a market capitalization of over half a billion, while the other five range from 450 million to 280. According to Stocklytics, the growth of crypto tokens linked to generative artificial intelligence has already been phenomenal, considering that it is a sector that was born only two years ago. The surge was largely due to the integration of ChatGPT and other conversational artificial intelligence software, which has generated widespread interest in the application of AI technology in other sectors, including cryptography. Stocklytics Analysis The analysis of Stocklytics was conducted by financial expert Edith Reads, who believes that achieving these milestones was no small feat for a sector still in its infancy. According to Reads, behind this increase there would be several factors, including the growing adoption of conversational artificial intelligence.  Therefore, the large technological investments in generative artificial intelligence have also had an impact on adoption in the crypto sector, and since technology giants like Microsoft and Google have increased their investments in AI projects, they have strengthened the credibility of the sector, thus producing further adoption. The main AI cryptos TAO is the native cryptocurrency of the Bittensor project, and facilitates interaction with the homonymous marketplace. The Bittensor marketplace is a P2P platform for sharing knowledge on machine learning.  RNDR instead is the utility token of Render Network. It is an ERC 20 token that allows users to purchase animations, graphics, and VFX rendering from the network. AKT instead is the native utility token of Akash Network.  The Stocklytics report also mentions prominent AI crypto projects CORGIAI (Corgi.ai), AGIX (SingularityNet), and PRIME (Echelon Prime).  TAO made its debut on the crypto markets only in August of last year, with an initial price of $0.12 which, however, on the same day of the launch rose to $93: this is the reference price.  Until October it had dropped, losing almost half of its value, but with the mini-bullrun at the end of 2023 it started to rise in price up to $375 in December.  Then 2024 started very well, with the historical maximum recorded at around $700 on February 16th.  RNDR instead has existed since 2020, even before the start of the last major bull run.  The initial price was very low, $0.05, but by September of the same year it had increased fivefold.  In 2021 it boomed, reaching a historical high of $8.7 in November.  During the bear-market of 2022 it dropped to 0.34$, which is still a price higher than the pre-bubble one, and by the course of 2023 it had also risen above 2.7$. During the end of 2023 mini-bullrun it rose up to 5.2$, and in 2024 it further increased to 5.4$.  Even AKT made its debut on the markets in 2020 at a price of $0.44.  The highest peak was recorded in April 2021 at over $8, before dropping to $0.2 during the bear market. It is worth noting that AKT’s bear market lasted until May 2023, and by October it had risen to over $0.8.  With the mini-bullrun at the end of 2023, it rose above $2.4, and in 2024 it further increased to $3.5.  Future perspectives The Stocklytics report also analyzes the future prospects of AI-related crypto tokens.  In particular, Edith Reads has expressed optimism about the future of these cryptocurrencies, stating that the market has already positively welcomed these assets. Progress in this area should further strengthen them. In the USA, a recent general research has been conducted regarding artificial intelligence and its investment potential. From this research, it emerged that this technology has surpassed a crucial turning point, and this would imply that its adoption in various economic sectors can only increase in the future. However, Reads invites caution regarding investments in these tokens, as they are very volatile assets, and partly speculative. This, combined with the still limited past of the entire sector, requires extreme care and good due diligence.

8 days ago
Crypto Web3 Today
Crypto Web3 Today
followers

Cardano-Linked Al Coin AGIX Soars by 13%: Possible Reasons. As cryptocurrency markets take a breath after another phase of the new bullish rally, the Al coins segment is in the green. One of its veteran coins, AGIX, jumped to levels unseen since mid-April 2023. Cardano's Al coin AGIX sees double- digit growth. In the last 24 hours, the price of SingularityNET (AGIX), a Cardano- associated artificial intelligence (AI) cryptocurrency, soared from $0.37 to $0.42, printing over a 13.5% upsurge. The rally might be catalyzed by a number of community management catalysts within the AGIX ecosystem. First, the project inches closer to its most important event of the year, Beneficial Artificial General Intelligence Summit & Unconference 2024. The event is co- hosted by SingularityNET (AGIX), HyperCycle and True AGI decentralized platforms. The hotly-anticipated conference is set to happen in Panama on Feb. 27-March 1, 2024. Also, Deep Funding, an incubation initiative focused on new-gen products on the intersection between Al and blockchain, gains traction. In order to vote for the most promising projects, Deep Funding enthusiasts should have the AGIX token on either Cardano (ADA) or Ethereum (ETH) networks. With the recent upsurge, SingularityNET (AGIX) returned to the top five largest Al cryptocurrencies by market capitalization. With its $521 million cap, it is accompanied by Bittensor (TAO), Render Network (RNDR), Akash Network (AKT) and Fetch.ai (FET). OpenAl's Sora release fuels Al crypto coins surge. In total, the capitalization of the Al coins sphere added 4.4% in the last 24 hours and surpassed $13.4 billion, as per CoinGecko's data. Besides SingularityNET (AGIX), notable gainers include Echelon Prime (PRIME), Artificial Liquid Intelligence(ALI) and Delysium (AGI). The interest in the Al segment is yet again triggered by OpenAl's development. This week, Sam Altman's team released Sora, an unbelievably powerful Al model that creates hyperrealistic videos using text prompts.

8 days ago
Crypto Revolution Masters
Crypto Revolution Masters
followers

🚨What happened in Crypto in the last 12h?🚨 • Court allows Genesis to sell GBTC shares valued at $1.3 billion. • Starknet plans to conduct an airdrop on Feb 20, and OKX has announced the listing of $STRK. • VanEck releases crypto AI research. $WLD $TAO $AKT $RNDR $FET • $AIT - AIT Protocol launches internal testnet on Bittensor, aiming for decentralized AI. • #AUCTION - Bounce announced the $WX Launchpad. Details will be released soon. • $ASTR - Astar Network's CEO announced that zkEVM Mainnet is 90% complete. • $AVAX - Citi bank tests tokenizing private equity on Avalanche. • $LDO - Taurus partners with Lido to offer Swiss banks Ethereum liquid staking. • $PRISMA - Prisma finance has announced stables $ULTRA, and PrismaLRT will be released soon. • $PLA - PlayDapp will migrates, ticker changes to $PDA with a 1:1 ratio. • $PROM - Prom received strategic Investment from DWF Labs CEO. Andrei Grachev spent 500K $USDT to buy 500K $PROM at $10. • $RNDR - $RENDER will list on Coinbase. • Forgotten Playland has announced its IDO on Ape Terminal. $BEAM

11 days ago
Mastering Crypto
Mastering Crypto
followers

💡Top 5 Projects Approved by Vitalik Buterin in 2024 1. Worldcoin (WLD) Vitalik Buterin positively endorsed Worldcoin, praising the iris biometric cryptocurrency initiative by Tools for Humanity. Founded in 2019 by Alex Blania, Max Novendstern, and Sam Altman, Worldcoin has financial backing from Andreessen Horowitz. 2. BitTensor (TAO) Buterin also discussed BitTensor, sharing a link to the project's whitepaper. BitTensor operates as an open-source protocol, integrating machine learning networks with blockchain technology. Users are compensated with TAO tokens based on the value of information their machine learning models contribute to the community. 3. Farcaster Farcaster, labeled a "sufficiently decentralized" social network built on Ethereum, garnered support from Vitalik Buterin. Utilizing Warpcast software connected to Farcaster, Buterin is actively involved in this project. 4. StarkNet (STRK) In a February 5, 2024 release, Vitalik Buterin provided assessments on StarkNet and its STRK coin. StarkNet, also known as "ZK-Rollup," operates as a permissionless decentralized Validity-Rollup on the Ethereum L2 network. 5. Name Service for Ethereum (ENS) Buterin praised Ethereum Name Service (ENS) as a significant effort. ENS, introduced in 2018, is a distributed, open, and scalable name system on the Ethereum blockchain, contributing to the token's recognition. 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Write2Earn #TrendingTopic #trending

13 days ago
Btcnews99
Btcnews99
followers

💥💥Vitalik Buterin Approved These 5 Significant Projects! 1. Worldcoin (WLD) Vitalik Buterin gave a positive review of Worldcoin and shared his knowledge of the project in an article. Tools for Humanity launched the iris biometric cryptocurrency initiative called Worldcoin. Worldcoin was founded in 2019 by Alex Blania, Max Novendstern, and Sam Altman. Andreessen Horowitz is the company's financial backer. 2. BitTensor (TAO) Vitalik Buterin discussed BitTensor in addition to Worldcoin. His link led to the whitepaper on the project. A machine learning network based on blockchain technology and decentralized architecture is powered by the open-source BitTensor protocol. Based on the information value they offer to the community, machine learning models are compensated collectively with TAO tokens. TAO offers external access as well as the ability for its customers to customize their network activity to meet their own demands. 3. The farcaster Built on Ethereum, Farcaster is another project that has the backing of Vitalik Buterin. It bills itself as a social network that is "sufficiently decentralized." Buterin makes frequent use of the Warpcast software that is connected to Farcaster. 4. StarkNet (STRK) Vitalik Buterin offered assessments and thoughts on StarkNet and its STRK coin in a piece that was released on February 5, 2024. StarkNet, sometimes referred to as the "ZK-Rollup," is a permissionless decentralized Validity-Rollup. The L2 network that runs on Ethereum is called StarkNet. Because of the architecture of Ethereum. 5. Name Service for Ethereum (ENS) Another cryptocurrency is Ethereum Name Service, which was hailed and described as a significant effort by Vitalik Buterin. In a post on X, Buterin underlined the importance of ENS, which helped the token become well-known. The Ethereum Name Service is a distributed, open, and scalable name system built on the Ethereum blockchain that was introduced in 2018. #Write2Earn #TrendingTopic #BTC #eth #btcnews99

13 days ago
Tao Finney
Tao Finney

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