TAO rallied 164% in the last 30 days and data suggests there is room for the AI token to move higher.
Artificial intelligence-based tokens led by Bittensor (TAO) displayed strength on Oct. 7, rising 16% over the last 24 hours to trade at $637. TAO is trading 7.5% higher than its price seven days ago and has gained a whopping 164% over the last 30 days.
Data from Cointelegraph Markets Pro and TradingView show that Bittensor’s recovery began on Sept. 7, rising 207% from a low of $220 to a six-month high of $678 on Oct. 7. This is just 13% shy of its $767 all-time high reached on April 11.
TAO/USD daily chart. Source: TradingView