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šØ Breaking News: Bittensor's TAO Token Takes a Hit! šØ
Hey crypto fam! š Just got word that Bittensor's native token, TAO, has plummeted by over 15% in just 24 hours š. The price dropped from $281 to $237, according to CoinGecko data. š¬
But don't panic just yet! š The team is on it! Bittensor co-founder Jacob Robert Steeves confirmed that the network is temporarily suspended while they investigate the situation š.
Jacob tweeted: "Hey folks, we're investigating, chain is currently firewalled, we're prepping an update to push it into safe mode, but all transfers are now blocked as we've isolated the validators." š
A community moderator, "const," reported that the team is looking into a possible attack on several Bittensor wallets over the past 3 hours š°ļø. As a precaution, the network has halted all transactions on the chain š«.
The Opentensor Foundation, the organization behind Bittensor, hasn't released an official statement yet š£ļø. But we'll keep you updated! š
To give you some background, Bittensor is a decentralized AI network that uses blockchain tech to develop, train, and exchange AI models š¤. The TAO token is an incentive for participants to contribute resources and data to the network's AI training processes š».
Stay tuned for more updates on this developing story! šŗ
$TAO
#TAOTrading #bittesensor
Hey crypto fam! š Just got word that Bittensor's native token, TAO, has plummeted by over 15% in just 24 hours š. The price dropped from $281 to $237, according to CoinGecko data. š¬
But don't panic just yet! š The team is on it! Bittensor co-founder Jacob Robert Steeves confirmed that the network is temporarily suspended while they investigate the situation š.
Jacob tweeted: "Hey folks, we're investigating, chain is currently firewalled, we're prepping an update to push it into safe mode, but all transfers are now blocked as we've isolated the validators." š
A community moderator, "const," reported that the team is looking into a possible attack on several Bittensor wallets over the past 3 hours š°ļø. As a precaution, the network has halted all transactions on the chain š«.
The Opentensor Foundation, the organization behind Bittensor, hasn't released an official statement yet š£ļø. But we'll keep you updated! š
To give you some background, Bittensor is a decentralized AI network that uses blockchain tech to develop, train, and exchange AI models š¤. The TAO token is an incentive for participants to contribute resources and data to the network's AI training processes š».
Stay tuned for more updates on this developing story! šŗ
$TAO
#TAOTrading #bittesensor
$TAO
It's coming back to it's important support
From where it rallied hard before
Bit risky, but fundamentally strong project
Bittensor $TAO subnets have just been updated from 38 to 45!
It could be a catalyst for #TAOš„š„š„š„
#bittesensor #Tao #altcoins
It's coming back to it's important support
From where it rallied hard before
Bit risky, but fundamentally strong project
Bittensor $TAO subnets have just been updated from 38 to 45!
It could be a catalyst for #TAOš„š„š„š„
#bittesensor #Tao #altcoins
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#Tao #bittesensor
Bittensor crypto (TAO) offers an innovative approach, combining AI and blockchain consensus. The project aims to build aĀ decentralized AI economy, enabling AI models to contribute to blockchain consensus. Thanks to the computing power of AI models, blockchain networks will become more efficient and scalable.
By building a decentralized AI network, Bittensor enables developers to create and deploy AI applications on a global scale. Its peer-to-peer marketplace for AI services offers new possibilities and encourages collaboration in the field of AI.
Note that one of the main features of Bittensor is its unique consensus mechanism, combiningĀ Deep LearningĀ and blockchain consensus algorithms. This innovative combination thus guarantees efficient and scalable AI calculations, which makes Bittensor a promising project for developers.
At the heart of this high-potential project, we find its native token, TAO. It plays an essential role since it is the main means of exchange in the ecosystem. TAO tokens are used for governance, staking, mining and as a means of payment for AI services and applications built on Bittensor's TAO network.
Note that the total supply of Bittensor crypto (TAO) is 21 million tokens. This limit aims to contain inflation and guarantee the scarcity and value of the token over the long term. The distribution of tokens is also done gradually. This is done through mining rewards, staking rewards and community initiatives.
Should you invest in Bittensor crypto? Our opinion
The use cases for Bittensor crypto (TAO) are numerous and there are many benefits to owning it. Is an investment in TAO worth it? Let's discover together what makes it attractive in 3 key points.
Bittensor crypto (TAO) offers an innovative approach, combining AI and blockchain consensus. The project aims to build aĀ decentralized AI economy, enabling AI models to contribute to blockchain consensus. Thanks to the computing power of AI models, blockchain networks will become more efficient and scalable.
By building a decentralized AI network, Bittensor enables developers to create and deploy AI applications on a global scale. Its peer-to-peer marketplace for AI services offers new possibilities and encourages collaboration in the field of AI.
Note that one of the main features of Bittensor is its unique consensus mechanism, combiningĀ Deep LearningĀ and blockchain consensus algorithms. This innovative combination thus guarantees efficient and scalable AI calculations, which makes Bittensor a promising project for developers.
At the heart of this high-potential project, we find its native token, TAO. It plays an essential role since it is the main means of exchange in the ecosystem. TAO tokens are used for governance, staking, mining and as a means of payment for AI services and applications built on Bittensor's TAO network.
Note that the total supply of Bittensor crypto (TAO) is 21 million tokens. This limit aims to contain inflation and guarantee the scarcity and value of the token over the long term. The distribution of tokens is also done gradually. This is done through mining rewards, staking rewards and community initiatives.
Should you invest in Bittensor crypto? Our opinion
The use cases for Bittensor crypto (TAO) are numerous and there are many benefits to owning it. Is an investment in TAO worth it? Let's discover together what makes it attractive in 3 key points.
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NEW VIDEO ON MY Y-TUBE CHANNEL
Search for CryptoYapper
In the video I analyse:
#bitcoināļø - $BTC
#SolanaUSTD - $SOL
#bittesensor - $TAO
Check it out !
Search for CryptoYapper
In the video I analyse:
#bitcoināļø - $BTC
#SolanaUSTD - $SOL
#bittesensor - $TAO
Check it out !
According to the Daily Hodl Analytics:
āLifetime Opportunityā for Solana? Crypto Analyst Predicts Steep SOL Rally Following Marketwide Dip ā Hereās His Target
A widely followed crypto analyst says that Ethereum (ETH) competitor Solanaās (SOL) nearly 45% devaluation from its 2024 high may end up being a ālifetime opportunityā for long-term bulls.
Pseudonymous crypto trader InmortalĀ tellsĀ his 212,400 followers on the social media platform X that Solana looks poised to erase most of its losses in the last few days as he expects SOL to rally above $200.
Based on the traderās chart, he initially predicted that SOL would drop to $115, which it did on Saturday, before reversing and rallying toward his upside target.
At time of writing, SOL is trading for $155.18, up nearly 9% in the past day. Looking at Bitcoin (BTC), the trader says the crypto king has potentially already bottomed out near $60,000. According to Inmortal, bears should only expect BTC to go lower if it revisits the $60,000 level.
āNo SFP (swing failure pattern), $60,700 low front-ran.
Just awkward consolidation and a slow grind-up.
IF $60,000 again, THEN lower. Just my opinion.ā
The trader alsoĀ saysĀ the recent correction was relatively tame, and that itās only a matter of time before Bitcoin ultimately enters a new stage of euphoria.
#TrendingInvestments #BitcoinWarnings #bittesensor #BitTorrentFamily
āLifetime Opportunityā for Solana? Crypto Analyst Predicts Steep SOL Rally Following Marketwide Dip ā Hereās His Target
A widely followed crypto analyst says that Ethereum (ETH) competitor Solanaās (SOL) nearly 45% devaluation from its 2024 high may end up being a ālifetime opportunityā for long-term bulls.
Pseudonymous crypto trader InmortalĀ tellsĀ his 212,400 followers on the social media platform X that Solana looks poised to erase most of its losses in the last few days as he expects SOL to rally above $200.
Based on the traderās chart, he initially predicted that SOL would drop to $115, which it did on Saturday, before reversing and rallying toward his upside target.
At time of writing, SOL is trading for $155.18, up nearly 9% in the past day. Looking at Bitcoin (BTC), the trader says the crypto king has potentially already bottomed out near $60,000. According to Inmortal, bears should only expect BTC to go lower if it revisits the $60,000 level.
āNo SFP (swing failure pattern), $60,700 low front-ran.
Just awkward consolidation and a slow grind-up.
IF $60,000 again, THEN lower. Just my opinion.ā
The trader alsoĀ saysĀ the recent correction was relatively tame, and that itās only a matter of time before Bitcoin ultimately enters a new stage of euphoria.
#TrendingInvestments #BitcoinWarnings #bittesensor #BitTorrentFamily
š When to buy $TAO š
TAO is bouncing from a high timeframe support.
Bullish structure is obvious on lower timeframes.
Any dip below 420 is an instant spot buy.
#bittesensor #TAOTrading #TAOUSDT #bittensor
TAO is bouncing from a high timeframe support.
Bullish structure is obvious on lower timeframes.
Any dip below 420 is an instant spot buy.
#bittesensor #TAOTrading #TAOUSDT #bittensor
Top Crypto Gainers Today on DEXScreener ā IZZY, LABUBU, GENKI
Major cryptocurrency markets remain on tenterhooks as macro traders monitor geopolitical risks, but crypto degenerates continue to flock to the highly volatile and highly risky on-chain shitcoin markets as they hunt top crypto gainers today.
Bitcoin (BTC) will likely fall under $60,000 in the very near future, Standard Chartered argued on Thursday, although they recommended investors buy the dip.
That means impatient traders hunting quick gains will have to look towards riskier markets.
The on-chain DEX markets, though exceedingly risky, are often the first places they go to.
Micro-cap coins often post 10, 20 or even 50x gains within 24 hours in the micro-cap markets.
Thatās because liquidity levels are so low that a relatively small influx of buy pressure can trigger aggressive moves higher.
By the same token, a small amount of sell pressure can trigger major price crashes.
And traders must remember, nearly all newly launched tokens on DEXs are either scams or pump-and-dump liquidity exit schemes of some sort.
That said, here are some of the top crypto gainers today on DEXScreener that traders will be watching.
Top Crypto Gainers Today on DEXScreener ā Which Are They?
Izzy (IZZY)
A new Ethereum meme coin called Izzy (IZZY), based on the golden retriever of Matt Furie, is pumping hard on Thursday.
IZZY was last up just under 55,000% since launching, making it one of the top crypto gainers today.
#SUIš„ #mememcoinseason2024 #bittesensor #BecomeCreator #Write2Earn! $SUI
$DEXE
$PEPE
Major cryptocurrency markets remain on tenterhooks as macro traders monitor geopolitical risks, but crypto degenerates continue to flock to the highly volatile and highly risky on-chain shitcoin markets as they hunt top crypto gainers today.
Bitcoin (BTC) will likely fall under $60,000 in the very near future, Standard Chartered argued on Thursday, although they recommended investors buy the dip.
That means impatient traders hunting quick gains will have to look towards riskier markets.
The on-chain DEX markets, though exceedingly risky, are often the first places they go to.
Micro-cap coins often post 10, 20 or even 50x gains within 24 hours in the micro-cap markets.
Thatās because liquidity levels are so low that a relatively small influx of buy pressure can trigger aggressive moves higher.
By the same token, a small amount of sell pressure can trigger major price crashes.
And traders must remember, nearly all newly launched tokens on DEXs are either scams or pump-and-dump liquidity exit schemes of some sort.
That said, here are some of the top crypto gainers today on DEXScreener that traders will be watching.
Top Crypto Gainers Today on DEXScreener ā Which Are They?
Izzy (IZZY)
A new Ethereum meme coin called Izzy (IZZY), based on the golden retriever of Matt Furie, is pumping hard on Thursday.
IZZY was last up just under 55,000% since launching, making it one of the top crypto gainers today.
#SUIš„ #mememcoinseason2024 #bittesensor #BecomeCreator #Write2Earn! $SUI
$DEXE
$PEPE
$TAO expanded flat šš„
#TAOš„š„š„š„ #bittesensor #BTCUptober #BTCReboundsAfterFOMC #TAOUSDT
#TAOš„š„š„š„ #bittesensor #BTCUptober #BTCReboundsAfterFOMC #TAOUSDT
$TAO If you missed Bitcoin, Bittensor is here! Yesterday I posted that the listing price was too high. I managed to have 4 TAO at 450 dollars piece. Will hold that for min 10k to sell 2 and keep the rest 2 for who knows. Donāt be like the guy who buy pizza with his btc.
#bittesensor #HoldMore
#bittesensor #HoldMore
$TAO moved as I expected šš„ (25% š°)
#TAOš„š„š„š„ #bittesensor #TAOBULLISH #BTCReboundsAfterFOMC #FOMC
#TAOš„š„š„š„ #bittesensor #TAOBULLISH #BTCReboundsAfterFOMC #FOMC
$TAO zigzag šš„
#TAOš„š„š„š„ #TAOBULLISH #bittesensor #BTCReboundsAfterFOMC #FOMC
#TAOš„š„š„š„ #TAOBULLISH #bittesensor #BTCReboundsAfterFOMC #FOMC
ššTop Trending Cryptocurrencies Today
This list is sorted by coins that are most searched for in the last 3 hours. Hacken, Moo Deng, and Bittensor are the top 3 trending crypto now. In the past 24 hours, the price of Hacken changed by -3.7%, Moo Deng price changed by -16.6%, and Bittensor price changed by -9.4%.
#bittesensor #HackerNews #Write2Earn!
This list is sorted by coins that are most searched for in the last 3 hours. Hacken, Moo Deng, and Bittensor are the top 3 trending crypto now. In the past 24 hours, the price of Hacken changed by -3.7%, Moo Deng price changed by -16.6%, and Bittensor price changed by -9.4%.
#bittesensor #HackerNews #Write2Earn!