Bittensor narxTAO

$TAO TP2 ✅ Very neutral zone. SL at entry placed.

NEAR Protocol $NEAR With a market cap of $3.8 billion, NEAR Protocol is a decentralized application platform that utilizes $AI and machine learning.¹ - *Internet Computer (ICP)*: Internet Computer has a market cap of $3.4 billion and is a decentralized network that enables the creation of AI-powered applications. - *Bittensor (TAO)*: Bittensor has a market cap of $3.3 billion and is an AI-powered blockchain platform that rewards users for contributing computing resources. - *Render (RENDER)*: Render has a market cap of $2.3 billion and is a decentralized rendering network that utilizes AI and machine learning. - *Artificial Superintelligence Alliance (FET)*: FET has a market cap of $2 billion and is a decentralized AI platform that enables the creation of AI-powered applications. Other notable mentions include: - *The Graph (GRT)*: A decentralized data indexing protocol that utilizes AI and machine learning. - *SingularityNET (AGIX)*: A decentralized AI marketplace that enables the creation and deployment of AI-powered applications. - *Ocean Protocol (OCEAN)*: A decentralized data exchange protocol that utilizes AI and machine learning. These coins have shown potential for growth and innovation in the AI sector. However, please keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.

Bittensor [TAO], at press time, broke out of its descending wedge pattern to trade at $428.93, signaling the start of a strong bullish trend with a 10.56% surge in just 24 hours. The scale of the altcoin’s price action suggested that investors might be optimistic about the crypto’s future. The question now is whether this momentum can continue and help TAO break through key resistance levels. Will it hold these gains or face challenges ahead? TAO’s price action has seen a significant shift in recent days. After breaking out of a key descending wedge, the token successfully crossed the $419-resistance level. In fact, it is now acting as support instead. Traders are closely watching the $455-mark too, which could be a challenge for the altcoin in the future. If Bittensor continues to break through these resistance levels, it might test higher levels such as $562 and $716. Therefore, the altcoin’s future price action will depend on how it handles these critical resistance levels. Looking at the Binance liquidation heatmap, the market appeared to be confident in TAO’s prospects. Liquidation activity above $400 seemed to be relatively low, indicating a lack of forced selling as the price hike on the charts. Additionally, the heatmap revealed fewer liquidations in the $420–$430 range – A sign that investors have been holding their positions. However, should the price approach higher levels, more liquidations may happen, which could lead to short-term volatility. Nevertheless, the overall picture pointed to strong market sentiment for TAO. Open Interest in Bittensor has risen by 8.46%, with the same standing at $181.93M at press time, according to Coinglass. This hinted at increased market participation and investor confidence. Additionally, the weighted sentiment for TAO surged to 2.24 too. This sharp uptick in sentiment reflected growing optimism about the token’s future – A sign that more investors expect sustained price appreciation. Therefore, TAO’s bullish momentum might be backed by strong market sentiment, further supporting the idea of growth. Development activity for TAO has been on the rise too, hitting 34.76 on 11 February . This indicated that the project is progressing, which could fuel further optimism among investors. As development activity increases, it’s likely that new updates and innovations will continue to support the bullish trend. Given the positive price action, increasing Open Interest, rising sentiment, and active development, TAO is likely to continue its bullish trend. With resistance levels ahead at $455 and $562, the token’s path to further growth might be promising. However, traders should watch for signs of volatility at higher price levels. Overall, Bittensor has the potential to sustain its upward momentum and break through critical resistances in the near future.$TAO

AI-related crypto tokens have seen strong rebounds due to increased interest in AI applications, decentralized computing, and blockchain-based machine learning. Here’s a breakdown of AI crypto projects worth watching in 2024: Top AI Crypto Tokens to Watch 1. Fetch.ai (FET) Use Case: Decentralized AI and machine learning for automation. Why It’s Worth Watching: Partnered with major firms and focused on AI-powered smart contracts and data-sharing economies. 2. SingularityNET (AGIX) Use Case: Decentralized AI marketplace where developers can create, share, and monetize AI services. Why It’s Worth Watching: Led by Ben Goertzel, who’s working on advanced AI projects, including artificial general intelligence (AGI). 3. Ocean Protocol (OCEAN) Use Case: Decentralized data exchange for AI model training. Why It’s Worth Watching: Helps AI projects access data without centralized control, a key component of AI’s future development. 4. Render Network (RNDR) Use Case: Decentralized GPU-based rendering for AI, gaming, and graphics. Why It’s Worth Watching: Strong demand from AI and metaverse projects needing decentralized computing power. 5. Bittensor (TAO) Use Case: Open-source AI network that rewards participants for contributing computational resources. Why It’s Worth Watching: A novel approach to decentralized AI training that could scale with Web3 adoption. 6. Cortex (CTXC) Use Case: AI-powered smart contracts and machine learning on the blockchain. Why It’s Worth Watching: Allows AI models to be embedded directly into blockchain applications. Key Factors Driving AI Token Growth Big Tech Adoption – Companies like OpenAI, Google, and Microsoft are pushing AI forward, increasing demand for decentralized AI solutions. Decentralization Demand – AI regulation concerns are pushing developers toward decentralized alternatives. AI + Crypto Synergy – AI-driven trading bots, decentralized data networks, and AI-powered DeFi could boost AI-token adoption. Investment Risks High volatility in AI tokens. Overhyped projects with little real-world use. Potential regulatory scrutiny of AI and crypto projects. Would you like insights on how to invest in AI tokens strategically? $FET

The AI sector is making a strong comeback with AI-driven crypto projects gaining momentum. As investor interest surges key tokens to watch include Fetch.ai (FET)$FET SingularityNET (AGIX) and Ocean Protocol (OCEAN)—all major players in decentralized AI infrastructure. Additionally Bittensor (TAO) $TAO and Akash Network (AKT) are emerging as promising bets leveraging AI for decentralized computing and neural networks. With increasing adoption AI tokens could be primed for another rally. Are you investing in the AI wave?