Bittensor (TAO) gained more than 10% in 24 hours, extending its weekly gains to over 21%. This surge follows Nvidia’s record Q2 revenue of $96.20 billion, which reignited the artificial intelligence narrative. Bittensor expanded its liquidity by over $600,000 through the launch of the TAO-USDC pool on Aerodrome, while average trading volume surpassed $300 million in August. The price cleared multi-month trendline resistance and held above the 200-day exponential moving average at $236.50. A break above $260 could trigger a full bullish reversal with potential targets at $290, $350, and $450.
Source: Read the original article
