$TAO

$TAO

✅ Bittensor (TAO)

💠Bittensor is an open source protocol that powers a blockchain-based decentralized machine learning network. Machine learning models are trained in groups and rewarded in#TAOaccording to the information value they provide to the collective.#TAOalso provides external access, allowing users to extract information from the network while tailoring the network's operations to their needs.

- Our vision is to create a pure marketplace for artificial intelligence, an incentivized arena where consumers and producers of this valuable commodity can interact in an open, transparent, and trustless context.

💠 On the daily chart#TAOis forming a cup-and-handle pattern. To complete this pattern, the price of#TAOneeds to break above the handle strongly.

💠 The expected levels of the price of#TAOare: $1,269 and $2,444

💠 1.03% of#TAOtokens are unlocked every month and the fact that the price of#TAOhas increased sharply in 2023 are two barriers to the increase of #TAO. At the same time, the capitalization and price of#TAOare large numbers, which also affect the psychology of new investors to hesitate to buy.

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Reference: STC.