Bittensor Price Prediction: 2024, 2025, 2030
Bittensor’s price at the same time last week was $281.49. It has moved by -5.36 % in the past week and is currently at $254.52. Infact, in the past 24 hours, TAO has pumped by 5.96 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and TAO could hit $361.93 in 2025.
The total circulating supply of Bittensor as of writing this article was $7,359,888 and the marketcap of TAO remains at $1,871,027,678. Bittensor price in the longer term is expected to reach a high of $1580.20 in 2035.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
TAO price prediction: Key highlights
1. Primary support and resistance levels
- Within the daily time frame, the lowest support level for TAO was observed at $215.
- Meanwhile, $424 can likely be the peak resistance.
2. Market sentiment
- In August 2024, the market sentiment has been observed to be slightly bullish.
3. Predictive forecasts
- Forecasts from AI/ML predictive algorithms estimate the average price of TAO to reach $1,000 in 2032 and increase to over $1,600 in 2035.
Uncover essential insights on TAO’s future trajectory via a comprehensive daily technical analysis, followed by the coming weeks of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
TAO technical analysis: Revived AI momentum benefits price
The journey of TAO's price over the daily chart presented a nuanced picture of the increased hype surrounding artificial intelligence (AI) tokens. This offers insights into potential movements, with implications for the Bittensor price prediction in 2024.
The price movement started with the token stabilizing at the lowest analyzed support of $215. Its undervaluation proved to be a favorable entry point for buyers who started accumulating. Despite a slight pullback at $266, the renewed buying pressure turned the market green from mid-July.
This uptrend elevated TAO to test the peak chart resistance of $355. Investors started realizing profits at this peak, leading to a retracement to $305. A retest of this level in late month preceded a stronger downturn.
Amplified by market-wide declines, TAO fell to its lowest level in early August. AMBCrypto reported that Grayscale expanded its cryptocurrency portfolio by adding Bittensor, which enhanced its involvement in decentralized AI and smart contract platforms.
This addition benefited TAO, which experienced significant gains amid the market's volatility. Thus, the price trended up again and tested $305. However, selling pressure increased at this high, triggering declines. Nevertheless, they were contained at $266 mid-month.
Subsequently, the rally resumed and retested the former resistance. At the time of the analysis, the altcoin was valued at $295. According to CoinMarketCap, this valuation reflected gains of 10% over the last week.
How high/low can TAO go in 2024?
The general AI token momentum can fuel TAO's long-term growth, further supported by its impressive 380% uptick over the past year. Looking forward, the potential for the price to surpass the peak barrier could empower bulls to extend the rally to $394 and $424.
If the price stabilizes above the latter, it would likely set the stage for a test of the higher $730 resistance, with the possibility of reaching or surpassing the all-time high (ATH).
Conversely, a reversal in the sellers’ favor could see the price fall to test support at $266. Moreover, if left unchecked, it could extend losses to the support level of $240 or lower to $215.
Based on predictive models, the average price of TAO is estimated to reach significant heights in the coming years. For 2032, the forecasts suggest that the average value is expected to reach $1,000. An even more remarkable projection places the value at an astounding $1,600 by 2035.
TAO's 2024 roadmap: Key indicators to watch and trade
- The Relative Strength Index (RSI) rose from the oversold region in early July and moved past the 50 line mid-month. It dropped again in late July and stayed bearish till mid-August, albeit with an intermittent surge in between. At press time, it stood at 53.54, indicating a bullish resurgence.
- The Chaikin Money Flow (CMF) climbed over the zero line in mid-July. By the analysis’ end, it registered at 0.09, indicating a modest inflow of money into the asset.
- The trading volume remained predominantly low and only surged as the price plummeted to its lowest support. This reflected a lack of genuine investor interest in the asset.
Bittensor Price Prediction
Bittensor has had an eventful 2023. To simplify the latest TAO price prediction, we have divided up the prediction by short term Bittensor price prediction and long term Bittensor price prediction. As of writing this article, TAO had a trading volume of 72,416,036. Bittensor has gone down by -12.86% in the past 30 days.
According to our analysis in the short term, Bittensor price prediction for November 2024 shows the average price of TAO at 265.88 and the highest possible price for November 2024 would be $284.49.
Further, according to our analysis in the long term, Bittensor price prediction for March 2025 shows the average price of TAO at 276.38 and the highest possible price for March 2025 would be $295.72.
Bittensor's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
9 September 2024 | $239.56 | $222.79 | $256.33 |
10 September 2024 | $240.52 | $223.68 | $257.36 |
11 September 2024 | $241.38 | $224.48 | $258.27 |
12 September 2024 | $242.40 | $225.43 | $259.36 |
17 September 2024 | $246.99 | $229.70 | $264.28 |
22 September 2024 | $251.40 | $233.80 | $269.00 |
2 October 2024 | $260.76 | $242.51 | $279.02 |
November 2024 | $265.88 | $247.27 | $284.49 |
December 2024 | $268.61 | $249.80 | $287.41 |
Bittensor price prediction 9 September 2024: Bittensor's price for 9 September 2024 according to our analysis should range between $222.79 to $256.33 and the average price of TAO should be around $239.56.
Bittensor price prediction 10 September 2024: Bittensor's price for 10 September 2024 according to our analysis should range between $223.68 to $257.36 and the average price of TAO should be around $240.52.
Bittensor price prediction 11 September 2024: Bittensor's price for 11 September 2024 according to our analysis should range between $224.48 to $258.27 and the average price of TAO should be around $241.38.
Bittensor price prediction 12 September 2024: Bittensor's price for 12 September 2024 according to our analysis should range between $225.43 to $259.36 and the average price of TAO should be around $242.40.
Bittensor price prediction 17 September 2024: Bittensor's price for 17 September 2024 according to our analysis should range between $229.70 to $264.28 and the average price of TAO should be around $246.99.
Bittensor price prediction 22 September 2024: Bittensor's price for 22 September 2024 according to our analysis should range between $233.80 to $269.00 and the average price of TAO should be around $251.40.
Bittensor price prediction 2 October 2024: Bittensor's price for 2 October 2024 according to our analysis should range between $242.51 to $279.02 and the average price of TAO should be around $260.76.
Bittensor price prediction November 2024: Bittensor's price for November 2024 according to our analysis should range between $247.27 to $284.49 and the average price of TAO should be around $265.88.
Bittensor price prediction December 2024: Bittensor's price for December 2024 according to our analysis should range between $249.80 to $287.41 and the average price of TAO should be around $268.61.
Bittensor's Long Term Price Prediction
Bittensor’s long term Price Prediction below is a look at TAO’s future prospect with regards to price. Bittensor was last seen at $254.52, with a market cap of $1,871,027,678 and trading volumes of $72,416,036. TAO’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $271.33 | $217.06 | $325.60 |
2025 | $301.61 | $241.29 | $361.93 |
2026 | $356.99 | $285.59 | $428.38 |
2027 | $434.00 | $347.20 | $520.80 |
2028 | $482.74 | $386.19 | $579.29 |
2029 | $621.30 | $497.04 | $745.56 |
2030 | $582.70 | $466.16 | $699.24 |
2031 | $814.77 | $651.82 | $977.73 |
2032 | $898.25 | $718.60 | $1077.90 |
2033 | $959.96 | $767.97 | $1151.95 |
2034 | $1351.25 | $1081.00 | $1621.49 |
2035 | $1316.83 | $1053.46 | $1580.20 |
Bittensor price prediction 2024: Bittensor's price for 2024 according to our analysis should range between $217.06 to $325.60 and the average price of TAO should be around $271.33.
Bittensor price prediction 2025: Bittensor's price for 2025 according to our analysis should range between $241.29 to $361.93 and the average price of TAO should be around $301.61.
Bittensor price prediction 2026: Bittensor's price for 2026 according to our analysis should range between $285.59 to $428.38 and the average price of TAO should be around $356.99.
Bittensor price prediction 2027: Bittensor's price for 2027 according to our analysis should range between $347.20 to $520.80 and the average price of TAO should be around $434.00.
Bittensor price prediction 2028: Bittensor's price for 2028 according to our analysis should range between $386.19 to $579.29 and the average price of TAO should be around $482.74.
Bittensor price prediction 2029: Bittensor's price for 2029 according to our analysis should range between $497.04 to $745.56 and the average price of TAO should be around $621.30.
Bittensor price prediction 2030: Bittensor's price for 2030 according to our analysis should range between $466.16 to $699.24 and the average price of TAO should be around $582.70.
Bittensor price prediction 2031: Bittensor's price for 2031 according to our analysis should range between $651.82 to $977.73 and the average price of TAO should be around $814.77.
Bittensor price prediction 2032: Bittensor's price for 2032 according to our analysis should range between $718.60 to $1077.90 and the average price of TAO should be around $898.25.
Bittensor price prediction 2033: Bittensor's price for 2033 according to our analysis should range between $767.97 to $1151.95 and the average price of TAO should be around $959.96.
Bittensor price prediction 2034: Bittensor's price for 2034 according to our analysis should range between $1081.00 to $1621.49 and the average price of TAO should be around $1351.25.
Bittensor price prediction 2035: Bittensor's price for 2035 according to our analysis should range between $1053.46 to $1580.20 and the average price of TAO should be around $1316.83.
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FAQs about Bittensor
Bittensor’s current price is $254.52 and witnessed a 5.96% increase in the past 24 hours. TAO/BTC pair saw a 4.40% increase in the past 24 hours
Investing in Bittensor, TAO will purely depend on your personal risk appetite. As you can see over the past 24 hours Bittensor’s price has witnessed a 5.96% increase and over the past 30 days Bittensor has decrease by -12.86%. So it all depends on if this investment will hit your trading goals.
According to our latest Bittensor Price prediction for 2024, TAO should vary between $325.60 and $217.06. Please keep in mind that the crypto market is very volatile and this Bittensor price prediction does not account for extreme wild swings in price.
As per the Bittensor price prediction 2024 model above, TAO’s price for September 2024 should range between $217.06 to $325.60 with the average price for September being $271.33
According to the Bittensor Price Prediction model above, TAO’s price in 2025 would be $301.61. This price would however would range from $361.93 and $241.29.
According to the Bittensor Price Prediction model above, TAO’s price in 2026 would be $356.99. This price would however would range from $428.38 and $285.59.
According to the Bittensor Price Prediction model above, TAO’s price in 2027 would be $434.00. This price would however would range from $520.80 and $347.20.
According to the Bittensor Price Prediction model above, TAO’s price in 2028 would be $482.74. This price would however would range from $579.29 and $386.19.
According to the Bittensor Price Prediction model above, TAO’s price in 2029 would be $621.30. This price would however would range from $745.56 and $497.04.
According to the Bittensor Price Prediction model above, TAO’s price in 2030 would be $582.70. This price would however would range from $699.24 and $466.16.
According to the Bittensor Price Prediction model above, TAO’s price in 2031 would be $814.77. This price would however would range from $977.73 and $651.82.
According to the Bittensor Price Prediction model above, TAO’s price in 2032 would be $898.25. This price would however would range from $1077.90 and $718.60.
According to the Bittensor Price Prediction model above, TAO’s price in 2033 would be $959.96. This price would however would range from $1151.95 and $767.97.
According to the Bittensor Price Prediction model above, TAO’s price in 2034 would be $1351.25. This price would however would range from $1621.49 and $1081.00.
According to the Bittensor Price Prediction model above, TAO’s price in 2035 would be $1316.83. This price would however would range from $1580.20 and $1053.46.
The highest price for Bittensor was recorded in 7 March 2024 during which TAO hit an All Time High of $757.60
The price of 1 Bittensor according to current market rate is $254.52