- Bittensor (TAO) is leading the list of trending tokens.
- The AI cryptocurrency is up by 14.21% over the last 24 hours.
- It is followed by ZBCN and PHA.
The Bittensor AI cryptocurrency, TAO, is currently leading the list of trending tokens over the last 24 hours. It has dethroned BTC, which dominated the list yesterday. While TAO has recorded significant gains during this timeline, the AI crypto is next expected to undergo correction for 3 months. Meanwhile, tokens like BTC and ETH have either declined or made slight gains.
Bittensor AI Cryptocurrency, TAO
Bitcoin tokens were last seen leading the list, but it has now been claimed by TAO. Also at the top of the list of AI tokens in terms of market cap, TAO is trending with a daily uptick of 14.21% at the time of writing this article. Its exchange price is $285.18, which is also up by 19.15% in the last 7 days.
The next 3 months could be critical for the Bittensor token, given it is projected to undergo a maximum correction of around 22.79%, taking its value as low as approximately $224.47. Volatility for TAO is very high at 17.45%, but overall sentiments are neutral.
The 14-Day RSI of 78.40 signals that it has been overbought. The 50-Day SMA and the 200-Day SMA stand at $196.67 and $292.39, respectively.
Other Trending Tokens
ZBCN and PHA are next on the list of trending tokens, or trending cryptocurrencies. The Phala Network token, PHA, stands out with a daily gain of 27.69%. It is now trading at $0.04064.
The Zebec Network token, or ZBCN, even though it is down by 2.3% in the last hour, has been able to sustain an upward trajectory with +19.46% over the past 24 hours. Also on the list are UAI, WZXP, and LGNS, in the same order.
Top Cryptocurrencies
Top cryptocurrencies, on the sidelines, have been steady in the last 24 hours. BTC has noted a slight gain of 0.61%, and ETH has plunged by 1.15%. Nevertheless, they are still above their respective expected marks. Bitcoin tokens are at $70,640.75, and Ethereum tokens are at $2,149.09.
XRP and BNB have shed almost 0.84% and 0.39%, applicable in the same order, of their weights.
All that said, it is important to note that positions on the list of trending cryptocurrencies are subject to change. Also, the content of this article is neither a recommendation nor advice. Do thorough research and risk assessment before crypto or any other kind of investments.
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Source: https://thenewscrypto.com/ai-cryptocurrency-bittensor-tao-leads-the-list-of-trending-tokens/
