Generative Data Intelligence

Price Analysis: Cryptocurrency Bittensor (TAO) Decreases More Than 6% Within 24 Hours

Date:

Over the past 24 hours, the price of Bittensor (TAO) has fallen 6.32% to $600.73. 

Bittensor Price Chart | Source: Coinstats

This is opposite to its positive trend over the past week where Bittensor (TAO) has experienced a 12.0% gain, moving from $538.34 to its current price.

See Also: Price Analysis: Cryptocurrency NEAR Protocol Price Down More Than 3% Within 24 Hours

The chart below compares the price movement and volatility for Bittensor (TAO) over the past 24 hours (left) to its price movement over the past week (right). 

Bittensor Price and Volatility Chart

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Bittensor’s trading volume has climbed 3.0% over the past week along with the circulating supply of the coin, which has increased 0.56%. 

Bittensor Circulating Supply and Trading Volume

This brings the circulating supply to 6.28 million, which makes up an estimated 29.91% of its max supply of 21.00 million. 

According to our data, the current market cap ranking for TAO is #32 at $3.77 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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