TAO is the native token of Bittensor, a decentralized blockchain AI network that rewards contributors for useful machine‑learning work and creates open, interoperable AI infrastructure.
It trades around ≈ $180–$200 USD, sharply below its all‑time high near $767 in April 2024, reflecting strong historical volatility and market retracements.
Bittensor’s fixed 21 million supply and scheduled halving events – similar to Bitcoin – aim to tighten issuance and support scarcity over time.
The token is used for staking, governance and accessing AI services within its ecosystem, giving it utility beyond mere speculation.
Recent developments — including Dynamic TAO upgrades, AI subnet growth, and potential institutional vehicles — could help long‑term demand if adoption rises.
Analysts say TAO remains tied to broader crypto sentiment and AI‑sector interest, with key resistance near ~$220–$230 and support near ~$150–$180 on technical charts.
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