Home web3.0 Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum

Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum

Oct 09, 2024 am 09:56 AM
Ethereum Bitcoin Bittensor (TAO)

Crypto analyst Mark Jeffrey shared insights on Bittensor (TAO), suggesting it may become the “Third Great Coin” alongside Bitcoin and Ethereum.

Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum

Crypto analyst Mark Jeffrey suggested that Bittensor (TAO) might become the “Third Great Coin” alongside Bitcoin and Ethereum. This assertion was highlighted in his tweet.

Rising interest in decentralized AI networks and applications is evident in Grayscale’s increased TAO holdings, which now constitute the largest position in its Decentralized AI Fund. Grayscale’s shift in focus, from NEAR Protocol to decentralized AI networks, is noteworthy.

Moreover, key tech figures, such as YouTube co-founder Steve Chen, are Retweeting news related to TAO, which is generating buzz in the tech and crypto communities. At a recent Google event in Canada, Bittensor was also introduced.

According to crypto influencer Sahil Roy Khan, Bittensor (TAO) is close to all-time highs, with only a few hundred dollars left before reaching previous peaks.

As of the latest data from CoinGecko, TAO’s price stands at $627.94, experiencing a 0.26% increase in the last 24 hours and a 9.81% rise over the past week.

The above is the detailed content of Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1662
14
PHP Tutorial
1262
29
C# Tutorial
1235
24
Just-In: MicroStrategy To Raise $1.75B Through Private Offering To Buy More Bitcoin Just-In: MicroStrategy To Raise $1.75B Through Private Offering To Buy More Bitcoin Nov 19, 2024 am 10:02 AM

American business intelligence and software firm MicroStrategy Inc. has announced plans to offer the public up to $1.75 billion of its Convertible Senior Notes.

Glauber Contessoto Predicts Parabolic Rise for Ethereum ETH/USD, Targeting $15,000 This Cycle Glauber Contessoto Predicts Parabolic Rise for Ethereum ETH/USD, Targeting $15,000 This Cycle Nov 20, 2024 am 10:08 AM

Glauber Contessoto, also known as "Dogecoin millionaire," expressed bullish sentiments on Ethereum ETH/USD, predicting a parabolic rise for the second-largest cryptocurrency.

Don't Miss the Opportunity to Invest in Top 5 New Crypto Coins for 100X Gains Don't Miss the Opportunity to Invest in Top 5 New Crypto Coins for 100X Gains Nov 17, 2024 am 01:30 AM

Here is the list of the top five new cryptocurrencies to invest in before they skyrocket. These newly launched projects possess massive gains

MicroStrategy Announces Proposed Private Offering of $1.75B of Convertible Senior Notes. MicroStrategy Announces Proposed Private Offering of $1.75B of Convertible Senior Notes. Nov 19, 2024 am 09:54 AM

MicroStrategy intends to use the net proceeds to acquire additional Bitcoin and for general corporate purposes. The offering will be available to institutional investors and certain non-US buyers.

Bitkey Introduces Inheritance Feature for Bitcoin Self-Custody Bitkey Introduces Inheritance Feature for Bitcoin Self-Custody Nov 19, 2024 am 03:32 AM

Bitcoin is increasingly seen as a multi-generational asset, and the need for secure and user-friendly solutions to ensure its legacy is more important

Crypto Bitlord: The Man Who Mastered the Art of Influence in the Ever-Changing World of Cryptocurrency Crypto Bitlord: The Man Who Mastered the Art of Influence in the Ever-Changing World of Cryptocurrency Nov 16, 2024 am 04:34 AM

Particularly in the world of meme coins, Bitlord—known for his honest attitude, keen insights, and open demeanor—has created a distinct niche for himself

Bitcoin ETF to Drive Market Momentum? Bitcoin ETF to Drive Market Momentum? Nov 20, 2024 am 01:24 AM

The crypto market today has been showcasing an upbeat momentum since Asian trading hours, with the market cap climbing by 1.74% to $3.08 Trillion.

Microstrategy's $26B Bitcoin Stash Is Larger Than the Cash and Marketable Securities of IBM, Nike, and J&J Combined Microstrategy's $26B Bitcoin Stash Is Larger Than the Cash and Marketable Securities of IBM, Nike, and J&J Combined Nov 17, 2024 pm 09:42 PM

Microstrategy has acquired 279,420 BTC, which represents roughly 1.33% of the total supply. The company's shares have surged by over 2,500% as the value of Bitcoin has soared around 700% since the middle of 2020.