Bittensor (TAO) Jumps 11% to $280 as AI Token Rally Accelerates
- —Up 11.02% in 24 hours to $280.45 on $377 million in volume, 57.29% above average
- —Volume-to-market-cap ratio at 11.67% versus a 7.42% average
- —RSI at 67.1 and stochastic at 99.9 signal short-term overbought conditions
- —TAO trades 62.95% below its all-time high of $756.95 set in March 2024
Why it matters: The rally confirms demand for AI tokens, but extreme oscillators raise the risk of consolidation at the $280.5 resistance.
Source: DiarioBitcoin