Bittensor Token (TAO) soars after listing on Binance!!!
#TAO Binance exchange announced this Thursday (11) its decision to list the Bittensor (TAO) network token. As a result of the announcement, TAO opened the day up almost 10%, reaching a price of US$ 673, according to CoinGecko.
Bittensor is a pioneering machine learning protocol that works as a peer-to-peer (P2P) network. In this way, it brings the decentralization of cryptocurrencies to the world of Artificial Intelligence (#IA ). This decentralization opens up new avenues for collaboration and innovation as it facilitates the creation of a P2P marketplace and machine learning.

According to Binance's announcement, trading on #TAO will begin this Thursday at 9am (Brasília time). Binance will introduce trading for specific pairs, including TAO/BTC, TAO/USDT, TAO/FDUSD, and TAO/TRY. Exchange customers can now deposit their TAO tokens and wait for trading to begin.
On the other hand, TAO withdrawals will begin on Friday (12), also at 9am. Furthermore, Binance waived the fee for listing TAO, just as it did for the listing of other tokens.
Speculations involving launch
The revelation of TAO's listing on Binance has sparked a sense of optimism among investors, who eagerly anticipate a potential increase in the token's value. In this sense, TAO opened the day with a moderate appreciation, but which increased as the news was confirmed.
In past situations, tokens listed on Binance have often experienced substantial price fluctuations, which has increased speculation about TAO's future price trajectory. In fact, TAO closed Wednesday down 2.7%, and the recent appreciation is an example of this “Binance effect”.