About Bittensor
Bittensor is a decentralized network where computers work together to develop AI. Participants who contribute their compute power or AI models can earn TAO. TAO is the network's native token that rewards mining, validating, and staking.
Trading Insights
Buyer Ratio
Traders
1.9K
-39.63%
Buyers
1.5K
-40.37%
Sellers
551
-42.78%
Searched
5K
Market Stats
Market Cap
£2.84B
FDV
£5.81B
Circ. Supply
10M TAO
Max Supply
21M TAO
Total Supply
21M TAO
Performance
Popularity
#31
Dominance
0.11%
Volume (24H)
£215.04M
-56.44%
Volume (7D)
£3.56B
Volume (30D)
£6.68B
All time high
£577.60
Price Change (1Y)
-34.76%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Bittensor has decreased by 0.82% in the last hour and decreased by 6.97% in the past 24 hours. Bittensor’s price has also fallen by 26.61% in the past week. The current price is £280.09 per TAO with a 24-hour trading volume of £215.04M. Currently, Bittensor is valued at 51.51% below its all time high of £577.60. This all-time high was the highest price paid for Bittensor since its launch.
The current circulating supply of Bittensor is 10,266,769.054 TAO which means that Bittensor has as total market cap of £2,841,866,521.46.
Market details
TAO vs markets
↘ 51.51%
TAO vs BTC
↘ 48.48%
TAO vs ETH
↘ 38.69%
Tags
ai-big-data
distributed-computing
oracles
dao
+6
Network & Addresses
Network | Address | |
|---|---|---|
Bittensor | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £280.09 | ↘ 6.97% |
1 Day | £299.24 | ↘ 6.97% |
1 Week | £381.80 | ↘ 26.61% |
1 Month | £249.00 | ↗ 9.53% |
1 Year | £434.30 | ↘ 34.76% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Bittensor is a decentralized network where computers work together to develop AI. Participants who contribute their compute power or AI models can earn TAO. TAO is the network's native token that rewards mining, validating, and staking within the network.
Bittensor (TAO) is a decentralized machine learning network that aims to create a marketplace for artificial intelligence (AI) models. It rewards participants with TAO tokens for contributing computational power and training models. The network connects AI models with a decentralized database, allowing for improved collaboration and resource sharing.
Social stats
Popularity in posts
#14
Contributors
3,040
Posts
3,040
% About Bittensor
0.898%
Articles
67
Hold times
0 days
X (Twitter)
42.25% bullish
Sentiment
4.3 ★
Highlights
3,040 unique individuals are talking about Bittensor and it is ranked #14 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bittensor has an average sentiment score of 4.3 out of 5. Finally, Bittensor is becoming less newsworthy, with 67 news articles published about Bittensor.
On Twitter, people are mostly neutral about Bittensor. There were 46.18% of tweets with bullish sentiment compared to 9.3% of tweets with a bearish sentiment about Bittensor. 53.82% of tweets were neutral about Bittensor. These sentiments are based on 45045 tweets.
On Reddit, Bittensor was mentioned in 1895 Reddit posts and there were 4574 comments about Bittensor. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.