Top AI Token for Investors in 2024!
Amid increased price volatility in the cryptocurrency market, the Artificial Intelligence (AI) category has regained momentum over the past day.
This has resulted in major tokens from this category recording a massive price surge within a short period.
If the bullish sentiment intensifies, the TAO price could prepare to test its resistance level of $671 this month. On the flip side, a bearish reversal could pull the Bittensor price toward its support level of $547 during the upcoming time.
Bittensor (TAO)
The TAO price has surged 14.76% in the past day with a trading volume of $209.82 million. Moreover, it has surged 129.15% during the past month and ~116% this year.
With a market cap of $4.27 billion, it has secured the 23rd position in the global crypto list.
cross different exchanges. Over the last week, the price has increased by about 5.3%, outperforming the broader crypto market and most AI-related cryptocurrencies. However, it is still around 26% lower than its all-time high of BTC 0.01335 recorded in March 2024.
The token's price movements have been influenced by this innovative use case and the growing interest in AI-powered cryptocurrencies.
