🚀 There’s exciting developments happening in the world of crypto and blockchain!
📈 Bittensor (TAO) has gained 106.8% in the last 30 days, becoming the third-best performing token among the top 100 cryptocurrencies. Its market cap has reached $4.79 billion, and the price is $649 at the time of writing.
🔍 TAO’s rise is partly due to Nvidia’s 15.4% surge over the same period, which has pushed the entire AI cryptocurrency market higher. Institutional interest has also played a role, with Grayscale increasing its TAO stake in its AI fund from 2% to 31%.
📊 Activity on the Bittensor network has also increased, with the number of active accounts growing to 134,000 and the total number of tokens staked exceeding 5.9 million.
💬 Want to know more about the future of TAO? Share your thoughts in the comments!