$TAO is poised to continue its continuous rise with significant volume after confirming support at $560$. It has its eyes set on $850$ in a shorter amount of time. At $684.44, Bittensor had $34.52 million in trading activity over the course of a day. This shows that the price has increased by a significant 6.95% in the last day.
Additionally, the market capitalization has increased by 7.17% to $4,306,064,981. Alongside this, trading volume has increased by 17.9% to $42,735,598. Bittensor’s price has increased by an astounding 798.30% year-to-date (YTD). Strong positive sentiment is indicated by the fact that it is currently trading well above the 200-day SMA.
Strategic alliances with other platforms may also help Bittensor on its path to a bright future. These partnerships open the door for its widespread adoption and integration into current infrastructures while also validating its potential. Overall, Bittensor is positioned as a token to watch in the present market thanks to its rising trajectory, which is bolstered by growing trading volume and strong partnerships.
