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Bittensor Surges 35% Amid Coinbase Listing, Musk Bid

2/21/2025

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Story summary
  • Bittensor (TAO) reached a 20-day peak of $469, fueled by Coinbase's listing and Elon Musk's OpenAI bid.
  • Trading volumes for TAO increased by 350%, reflecting heightened investor interest.
  • The asset surged 35% in three days, outperforming many cryptocurrencies.
  • Analysts foresee a potential breakout towards $500 if the current momentum persists.