Bittensor’s TAO token surged 13% to reach a three-month high of $277 before retracing to $267 at press time. The integration on Raydium, a decentralized finance platform on Solana, expanded access to a wider user base and enabled the launch of a memecoin called BUTT, whose market cap exceeded $6 million. The AI-themed crypto sector’s market capitalization rose 5% to $19 billion, while trading volume increased 18% to $3.97 billion. On the Spot market, Bittensor recorded five consecutive days of positive delta, with buy volume reaching 265k and open interest at $428 million, its highest level in four months. Technical indicators MACD and Awesome Oscillator confirm buyer dominance, suggesting a potential test of the $300 resistance level if market conditions hold.
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