đ $TAO (Bittensor) Coin: Market Update & Key Developments Today
âBittensor (TAO) is seeing a correction in its price movement today, alongside a wider dip in the crypto market. The token, which powers a decentralized network for machine learning, is currently consolidating amidst significant upcoming events.
âđ Price Snapshot (as of early morning, November 12, 2025)
âCurrent Price: TAO is trading in the $363 - $379 range. (Note: Price is volatile and changes rapidly).
â24-Hour Change: The price has seen a decline of approximately 1.5% to 5.8% over the last 24 hours across different exchanges.
âMarket Cap: Holding a strong position with a market capitalization of around $3.5 - $3.9 Billion.
âTrading Volume: Volume remains active, circulating in the hundreds of millions of dollars over the last day.
ââš Key Focus: Why $TAO is in the Spotlight
âDespite the recent price drop, TAO remains a high-interest asset due to its fundamental utility and anticipated milestones:
âUpcoming Halving Event: The first TAO Halving is scheduled for December 12, 2025. This event will cut the daily new token emissions by 50%, which is widely considered a major bullish catalyst that could tighten supply.
âInstitutional Interest: The Nordic exchange Safello is launching the first physically-backed staked TAO Exchange Traded Product (ETP) on Switzerland's SIX Exchange. This represents a significant step towards bringing TAO to mainstream institutional investors.
âTechnical Levels: After recently breaking above a key descending trendline, the token is now retesting support levels. Maintaining this support is crucial for analysts eyeing a potential return to the $460 range or higher in the coming weeks.
âIn summary: TAO is currently experiencing short-term volatility but its long-term narrative is underpinned by strong fundamentals, including the upcoming halving and growing institutional adoption of its decentralized AI platform.#TAO
