As of May 31, 2025, Bittensor (TAO) is trading at approximately $417.88 USD, reflecting a gain of about 6.88% over the past 24 hours.
This uptick aligns with a broader positive trend in the cryptocurrency market.
Market Overview
Market Capitalization: Approximately $3.6 billion USD.
24-Hour Trading Volume: Around $235 million USD, indicating robust trading activity.
Circulating Supply: Approximately 8.76 million TAO tokens.
All-Time High: $767.68 USD, reached on April 11, 2024.
Recent Performance
Over the past week, TAO has experienced a decline of approximately 5.7%, underperforming the broader cryptocurrency market.
About Bittensor
Bittensor is a decentralized platform that aims to create a global, open-source, peer-to-peer neural network. The TAO token serves as the native currency within the Bittensor ecosystem, facilitating transactions and incentivizing participation.
Trading Platforms
TAO tokens are available for trading on several major cryptocurrency exchanges, including KuCoin, Gate.io, and MEXC, with the TAO/USDT pair being among the most actively traded.
Conclusion
While Bittensor (TAO) has seen a notable increase in price today, it remains significantly below its all-time high. Investors should monitor market trends and project developments closely to assess future performance.