Date: Sat, Sept 14, 2024, 06:53 AM GMT
In the cryptocurrency market, AI tokens are drawing significant attention from investors. Among these, Bittensor (TAO), a decentralized platform that merges machine learning with blockchain technology, has seen impressive growth. In just the past week, $TAO has surged by 31.65%, now trading at $318.98. This jump highlights the increasing demand for decentralized AI solutions, with Bittensor leading the way.
Bullish Prediction for 2025
Adding to the buzz, a well-known trader on X (formerly Twitter), @princeharry_za, have made a bold prediction for TAO’s future. He anticipates that Bittensor could reach a price of $4,500 by March 2025. While speculative, this forecast reflects the optimism surrounding the growth of decentralized AI applications and Bittensor’s potential as a leading player in this field.

Source: X
AI Tech Giants Boosting Token Prices
Recent advancements from AI giants like NVIDIA and OpenAI have contributed to the rising value of AI-related tokens, including TAO, Fetch.ai (FET), and Render (RNDR). These developments are fueling investor excitement about the future of AI-integrated blockchain projects.
Institutional Support from Grayscale
Institutional interest in TAO is also growing, with Grayscale launching the Grayscale Bittensor Trust. This investment vehicle allows both retail and institutional investors to gain exposure to TAO without needing to manage the cryptocurrency directly. Grayscale’s backing often bolsters investor confidence and liquidity, and its involvement signals the growing recognition of Bittensor’s potential.
As decentralized AI solutions continue to gain momentum, Bittensor remains one of the top tokens to watch, with analysts and traders predicting a promising future ahead.
Get more updates at" coinsprobe.com

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to high volatility and risk.
#BittensorTAO #Analysis

Date: Tue, Sept 10, 2024, 07:15 AM GMT
The cryptocurrency market is showing bullish momentum as Bitcoin (BTC) pushes towards the $60K mark. With this momentum, many altcoins, including Solana (SOL), have begun to rise. Over the past 24 hours, $SOL has surged by 4.66%, reflecting strong market interest.

A look at the charts reveals that SOL has successfully held onto a key support level since April. After pulling back from the $124 mark, SOL has shown impressive upward momentum, now trading at $134.07. Adding fuel to this rally, Lookonchain reported that a whale purchased 34,807 SOL tokens (worth approximately $4.52 million) just 12 hours ago.
A whale bought 34,807 $SOL ($4.52M) again 12 hours ago!

Since Feb 7, this whale has withdrawn 206,951 $SOL ($29.3M) from #Binance and #MEXC at an average price of $142 and staked 115,135 $SOL ($15.3M).https://t.co/rnrXRXmNkB pic.twitter.com/Ce6DqyVvvQ— Lookonchain (@lookonchain) September 10, 2024
This isn't the first time this whale has made a significant move. Since February 7, they’ve withdrawn 206,951 SOL (around $29.3 million) from exchanges like Binance and MEXC at an average price of $142 and have staked 115,135 SOL (worth $15.3 million).
What’s Next?
The current bullish momentum and large-scale buying by whales suggest that Solana (SOL) could be gearing up for an even bigger rally. The Relative Strength Index (RSI) currently stands at 43.83, while the RSI-Based Moving Average (MA) is at 37.48, indicating that there might still be room for growth.
Key resistance levels to watch for Solana are $138 and $160. However, it’s crucial to monitor Bitcoin’s performance, as any major moves in BTC could influence SOL’s trajectory.
Get more updates at: coinsprobe.com
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice.
#Solana #SOL #Analysis