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Bittensor Outshines Dogecoin, Shiba Inu Behind With 18% Gains In 7 Days: How High Can TAO Go?

Author: Khyathi Dalal | February 20, 2025 03:01pm

Bittensor's (CRYPTO: TAO) recent surge comes as an announcement that Coinbase will soon support Bittensor generates buzz on social media.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day Trend
Bittensor (CRYPTO: TAO) $454.58$3.81 billion+9.5% +20.7% 
NEAR Protocol (CRYPTO: NEAR) $3.41$4.04 billion+8.9%+2.9% 
Internet Computer (CRYPTO: ICP) $7.09$3.4 billion+3.4% +0.6% 

Trader Notes: Industry expert Quinten Francois predicts TAO to reach $640 and not even a "rugpulling president can do anything about that."

Crypto trader McKenna notes that TAO has broken its bearish structure, transitioning to dynamic TAO—which helps reduce supply-side inflation. While subnets are initially inflationary, they could drive long-term value and fuel the next AI speculation cycle.

Bluntz Capital remains long on TAO highlighting a clear 5-wave rally followed by an ABC correction on higher timeframes and a confirmed downtrend break, signaling renewed bullish momentum.

Statistics: Crypto analyst Miles Deutscher emphasizes TAO's ecosystem growth with subnet tokens. While participation requires a learning curve, early adopters could see significant benefits.

Community News: Coinbase Assets announced that it will list Bittensor (TAO) on the Bittensor network. Deposits will be available on Coinbase & CoinbaseExch in supported regions. Trading is scheduled to start today, pending liquidity.

Posty, a crypto trader, called the Coinbase listing a game-changer, stating that TAO is positioned to become the leading AI crypto project. Unlike many AI tokens already on Coinbase, Bittensor performed strongly even before its listing, showcasing its organic demand.

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Posted In: $ICP $NEAR $TAO

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