coin image

Bittensor PriceTAO

34
Token
$639.87 7.26%
0.00659 BTC4.41%0.17 ETH2.36%

Low (24h)

$638.34

$715.08

Bittensor Price Today

34
Token
Market Cap
$4,722,806,568.65
Market Dominance
0.13%
Market Cap
$4,722,806,568.65
Market Dominance
0.13%
Fully Diluted Market Cap
$13,437,176,252.68
YTD (%)
136.54%
Volume (24h)
$463,077,057.03
Volume / Market Cap
0.09805
Circulating Supply
7,380,936 TAO 35.15%
Max Supply
21,000,000
Total Supply
7,380,936

TAO to USD

coin image TAO

1

TAO

=

USD

1h24h7d30d60d90d
-0.78%-7.26%7.91%28.62% 13.58% 125.42%
1h24h7d30d60d90d
-0.78%-7.26%7.91%28.62% 13.58% 125.42%





TAO to USD

coin image TAO

1

TAO

=

USD

Bittensor Risk Analysis

4

0

0

Bittensor (TAO) Markets


Bittensor Quarterly Returns

YearQ1Q2Q3Q4Total
2023-36.69%-20.42%9.54%384.45%167.36%
202496.78%-48.28%112.68%
Average96.78%-68.70%122.22%384.45%167.36%

Introduction to Bittensor

It is the Decentralized agreement specifically built for Machine Learning and Artificial Intelligence.  The machine learning model gets rewards in the form of its naive currency TAO. This platform uses a decentralized network to allow exchange of resources. In this article we will learn about this platform. Its vision and about its native token.

What is Bittensor?

It is a cryptocurrency platform launched in the year 2023 by Jacob Robert Steeves. The main aim of this platform is to provide an open decentralized network for Machine Intelligence. Enabling the peer to peer exchange of resources and to bring together all the AI models. This platform has created a network that changes machine intelligence in the form that can be exchanged or traded. It is a decentralized machine learning system which allows trading of machine learning skills and forecasts with all the applicants. TAO is the native token of this network. Its main purpose is to govern the network and it can be used to incentivize the applicants. 

This network is completely decentralized which means there is no room for a single participant to have control over the network. This helps to guarantee a complete transparent and open AI market, encouraging the developers across the globe to participate and contribute to this network.

The goal of this network is to build a platform based on incentives that can be used for the production and consumption of AI in an open and trustless environment. By using the blockchain technology this network provides an enhanced planning for the development of the platform and usage of AI. 

How is Bittensor Secured?

This network uses a comprehensive technology which is a combination of cryptographic, economic incentives and a consensus mechanism. This helps in providing enhanced security. Apart from its technology below mentioned are some other features that makes this network secure. 

  • Decentralized Consensus Mechanism

This network uses the decentralized consensus mechanism to validate transactions and to manage the integrity of the network.  

  • Cryptographic Security

This network strongly follows cryptographic algorithms which ensures secured conversation between nodes. 

  • Node Verification

All the nodes on this network go through a strict verification process that guarantees secure and safe transactions. 

  • Adaptive Defense Mechanisms

This network uses an adaptive defense mechanism that detects threats in real time and makes necessary changes.

How Will Bittensor Be Used?

This network is built to provide a decentralized and flexible platform for artificial intelligence and machine learning. Below are some of its uses. 

  1. This network builds a marketplace for developers where the participants over the globe can exchange and coordinate with each other. 
  2. This network incentivizes its participants with its native token TAO. Thus creating an extra income for users.
  3. This network can be used to launch AI models on final devices like smartphones, IoT devices etc. This network can even be used to provide enhanced updates. 
  4. This network works on a decentralized network which means it gives an open platform for researchers from all over the globe to contribute and participate in its working.

What Key Events Have There Been for Bittensor?

This network has seen a steady rise in its working. Soon after its launch it got engaged in many projects. Some of which are mentioned below. 

  • In the year 2020 this network realizes its whitepaper and inception for creating a decentralized AI marketplace. 
  • In 2021 it launched its native token TAO. The aim of this token is to govern the network and to serve as an incentive. 
  • Soon after its token launch in the same year it went live for mining its genesis block. 
  • Some of the significant events of this network are its collaborations and partnerships with different AI institutions, blockchain projects a d developers. 

Who Are the Founders of Bittensor?

Back in the year 2019 Jacob Steeves and Ala Shaabana created this network with an aim to bring developers across the globe under one decentralized platform. Due to their constant efforts this network provides a decentralized platform where models collaboratively take training and are rewarded with the native token TAO. 

 

How Much is a One Bittensor Worth Now?

The current price of the Bittensor(TAO) is $639.87, with a current market cap $4,722,806,568.65.

What is the Bittensor Max Supply?

The maximum supply of the Bittensor(TAO) is around 21M.

What is the Bittensor Stock Symbol or Ticker?

TAO is a ticker symbol of the Bittensor.

How Many TAO Coins Are There in Circulation?

At the movement,7.38M Bittensor tokens are already in the market out of 7.38M TAO.

How Can I Invest in Bittensor?

There are many options for buying crypto, and Bittensor can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Bittensor. It's a quick, easy, and secure way to buy Bittensor(TAO).

Is Bittensor a Stablecoin?

No, It is not a stablecoin.

What Was the Lowest Price for Bittensor?

Bittensor had an all-time low of $30.40.

What Was the Highest Price for Bittensor?

Bittensor had an all-time high of $767.68.

Bittensor Price Prediction

The current Bittensor price is $639.87. In the last 24 hours, Bittensor price has gone up by -7.26%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Bittensor price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Bittensor at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging TAO against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Bittensor can be earned or received in various ways. TAO considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the TAO, including TAO to PHP, TAO to INR, TAO to NGN, TAO to THB, TAO to CAD, TAO to PKR, TAO to IDR , TAO to EUR , TAO to AUD , TAO to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 TAO is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like TAO to BABYSHIRO, TAO to SXCH, TAO to SDM, TAO to ARTY, TAO to PEPE, TAO to $RIF, TAO to SUSHI, TAO to XRP, TAO to ETH, TAO to SOL .

TAO Price Current Data

Bittensor price today is $639.87 USD, which is Down by -7.26% over the last 24 hours. There has been an hourly Dip by -0.78%. Bittensor's market cap currently sits at $4,722,806,568.65 USD, holding up for a market cap rank at #34. The volume were at $463,077,057.03 USD Bittensor ranks no 34 in the market capitalization of Bittensor is at $4,722,806,568.65 and its volume for 24 hours is $463,077,057.03. Bittensor are under circulation, with total supply of 7.38M and the Maximum supply of 21M.

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TAO Price Statistics

Bittensor Price Live

TAO Price

$639.87

Percentage Change ( 24h )

7.26%

$76.73
24h High / Low

$715.08 /

$638.34

Trading Volume 24h

$463,077,057.03

Volume / Market Cap

0.09805

Market Dominance

0.13%

Market Rank

34

Market Cap

$4,722,806,568.65

Fully Diluted Market Cap

$13,437,176,252.68

All Time High

$767.68

16.65%
All Time Low

$30.40

2004.77%
Circulating Supply

7,380,936 TAO

Total Supply

7,380,936 TAO

Max Supply

21,000,000 TAO