$TAO – “The AI Blockchain King” Price Explosion: What is Happening?
In recent days, the crypto market has witnessed a strange phenomenon: the TAO token – from the decentralized AI ecosystem Bittensor – has been soaring uncontrollably, despite the overall market still struggling.
From around $270, TAO has skyrocketed to over $450 in just a few short days. What is behind this famous "AI Coin" frenzy?
1. AI Trend – The Tide Sweeping Everything Away
In the context of AI dominating global headlines – from OpenAI, Nvidia to BigTech – crypto investors cannot stay out of the game.
Money is pouring into AI projects, and Bittensor (TAO) has emerged as the "leader", with a coin mining model that offers AI models instead of raw computing power.
An AI blockchain ecosystem, decentralized, and uncontrollable – just what you’d expect from the "trend of the new era".
2. Major Exchange Listings – A Launchpad for TAO to Soar
Binance, Bybit, and a series of top-tier exchanges have officially listed TAO,
Making trading easier, stronger cash flow, and a flood of new players entering the market.
This is like a startup being listed straight onto NASDAQ – just hearing the news, the price skyrockets!
3. "Super Rare" Supply – Prices Surge
Unlike heavily inflationary coins, TAO has an extremely low circulating supply.
Many holders have locked it up for staking to earn rewards → The supply in the market is scarce, driving the price to soar in accordance with the laws of supply and demand.