Bittensor (TAO) saw buyers produce a bullish spell on the daily chart from July 7th, 2024, reflecting over 65% growth in the last two weeks. Price sustained at a crucial demand zone before rising.
As of writing, the struggle to propel higher continued with a slight halt taken in the course, as the 200-day EMA band acted as a hurdle that needed to be cleared for extraordinary gains to pop out.
Bittensor (TAO) Statistics In Detail:
According to CoinMarketCap, TAO spot trading volume stands at $60.709 Million. The market cap is $2.323 Billion. Meanwhile, the liquidity is weak at (2.61%), which could indicate market stability. Investors should be cautious before stepping in (DYOR).
However, despite the weak liquidity, in terms of market cap, TAO ranked 44th crypto among the top 50 cryptocurrenciess on CoinMarketCap.
Bittensor has given great returns to its investors, which exceeds over 1500%, peaking at $755 (ATH) from October 2023 to March 2024. However, it was followed by
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