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Bittensor (TAO) Price Prediction: TAO/USD Falls 3.05% to $328.38 Despite Positive Weekly Trend

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Release: 2024-07-30 06:15:28
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Over the past 24 hours, Bittensor's TAO/USD price has fallen 3.05% to $328.38. This is opposite to its positive trend over the past week

Bittensor (TAO) Price Prediction: TAO/USD Falls 3.05% to 8.38 Despite Positive Weekly Trend

Cryptocurrency price data platform CoinGecko has noted a 3.05% decrease in the price of Bittensor (TAO/USD) over the past 24 hours. At the time of writing, TAO is trading at $328.38.

Over the past week, the coin has experienced a 1.0% gain, moving from $327.46 to its current price.

The chart below compares the price movement and volatility for Bittensor over the past 24 hours (left) to its price movement over the past week (right).

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Bittensor’s trading volume has climbed 5.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.61%. This brings the circulating supply to 7.14 million, which makes up an estimated 34.02% of its max supply of 21.00 million.

According to our data, the current market cap ranking for TAO is #47 at $2.35 billion.

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