
Bittensor's TAO Jumps 20% to $315, Eyes Breakout Above $350–360 Resistance
- —TAO gained nearly 20% in a day and trades near $315
- —The $350–360 zone is the key hurdle, with the prior peak at $760
- —24 subnets generate an estimated $28–35 million in annualized revenue
- —Grayscale reported 148,800 Trust shares issued against 2,814.13 TAO
Why it matters: A close above $350–360 would confirm the reversal, but a $1,000 target requires a 217% gain and a new all-time high.
Source: Cryptonews.net