Bittensor (TAO) Price Prediction 2024-2030
Aug 28, 2024 am 12:07 AMBittensor is an open-source project that powers blockchain and its machine-learning networks. Its native token “TAO” allows its users to extract
Bittensor, an open-source project, is powering blockchain and its machine-learning networks. Its native token “TAO” enables users to extract vital information from the network while adjusting its activities to their needs.
Its aim is to create a dedicated market for Artificial Intelligence (AI), an incentivized sector in which consumers and producers can interact in a trustless, open, and transparent manner.
Many crypto enthusiasts are planning to stack TAO crypto tokens, but are concerned about its future prospects. In this article, we have covered the Bittensor (TAO) price prediction for 2024 up to 2030 to clear all your doubts.
Scroll down to know more!
Overview
Despite recording a drop of 3.74% in the past 24 hours, the Bittensor price has held its value above the support level of $326. This highlights a strong buying point at that level. Further, with a market cap of $2.444 Billion, this project has secured the 33rd position in the global crypto list.
If the market regains momentum, the TAO price will prepare to test its upper resistance level of $437.5 during the upcoming weeks. Conversely, if a trend reversal occurs. This could result in this altcoin plunging toward its crucial support level of $212.
Bittensor Price Prediction 2024
Maintaining the price above its resistance level of $547 could set the stage for the TAO price to head toward its upper resistance level of $695 by the end of Q4. conversely, a bearish reversal could pull the price toward its low of $212.
With this, the average trading price of Bittensor (TAO) for 2024 could settle at $453.
Bittensor Price Forecast 2025
With increased adoption and bullish sentiments, the TAO coin price could surge to a maximum of $908 during 2025.
However, stricter regulation or a bearish action could result in this AI token losing momentum. With this, the price may conclude the year with a potential low of $310. Considering the buying and selling pressure, the average price could land at $609.
Also, read our Fetch.AI Price Prediction 2024-2030
Bittensor (TAO) Price Analysis 2026 – 2030
TAO Price Action 2026
The Bittensor crypto can record a potential high of $1,127 in 2026, with a potential low of $426. This could result in it experiencing an average price of $800.
Bittensor TAO Price Prediction 2027
Looking forward to 2027, the TAO price may record a low of $579, with a potential high of $1,525, and an average forecast price of $1,052.
TAO Price Projection 2028
Furthermore, the Bittensor Price for 2028 projects values between $713 and $1,981. With this, the average price could land at around $1,347.
Bittensor Crypto Price Prediction 2029
TAO coin price could conclude 2029 with a potential high of $2,575, while a potential low of $808, with an average price of $1,692.
TAO Price Prediction 2030
During 2030, the Bittensor token may record its lowest price at $967, with a potential high of $3,321, and an average trading price of $2,144.
Market Analysis
CoinPedia’s Bittensor Price Prediction
CoinPedia’s price prediction for the TAO token, suggests that this crypto may record a new all-time high (ATH) during the upcoming AltSeason.
The Bittensor Price projection for 2024 predicts a high of $695, with an average price of $453.
CoinPedia expects the TAO Price to conclude 2024 between $212 and $695.
Read our Gnosis Price Prediction 2024-2030
TAO Price Historic Market Sentiments
With a current trading price of $334.6, the TAO price is trading at a discount of 56.31% from its All-time High (ATH) of $767.86 which it had recorded on 11th April 2024. Positively, it has surged 1
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