🚀 Attention, crypto enthusiasts! 🚀
🔹 Decentralized AI project Bittensor (TAO) has shown an impressive 41% gain in the last 24 hours, recovering from recent losses. TAO is currently trading at $254, up 15% from a month ago.
🔹 TAO’s 24-hour trading volume has reached $203 million, with a market cap of $1.8 trillion. This makes TAO the best-performing asset among the top 100 on CoinGecko, ahead of Akash Network (AKT), which has also grown by 41%.
🔹 TAO’s growth is due to the announcement of the BitMind Subnet, a new component of the Bittensor ecosystem aimed at detecting and preventing deepfakes.
🔹 Other AI tokens like Render (RNDR) and Artificial Superintelligence Alliance token (FET) also saw significant gains, up 28.8% and 13.6%, respectively.
🔹 The overall crypto market is up 9% and is now worth $1.98 trillion. Bitcoin (BTC) is up 7.6%, trading at $55,694, while Ethereum (ETH) is up 10%, reaching $2,506.
💬 Share your thoughts in the comments! What do you think is next for the market?