**AI Tokens Surge: Bittensor (TAO) Leads the Pack**
Artificial intelligence-based tokens are making waves, with Bittensor (TAO) taking the spotlight. On Oct. 7, TAO surged 16% in 24 hours, trading at $637. Over the past month, it has skyrocketed 164%.
TAO's rally began on Sept. 7, climbing from $220 to a six-month high of $678. Trading volume also spiked 286%, reflecting growing trader interest. Market capitalization soared from $1.7 billion to $4.7 billion, making TAO the second-largest AI token.
Grayscale's Decentralized AI Fund has been a key driver, boosting TAO's allocation to 29.5%. Other AI tokens like NEAR, ICP, and GRT have also seen significant gains, highlighting renewed investor confidence in the AI sector.