By cryptoadmin 
The Bittensor worth has surged to an intraday excessive of $430.4 following Coinbase’s announcement to listing TAO cryptocurrency.
In an announcement issued on February 19 night, Coinbase, one of many main cryptocurrency exchanges, confirmed it could add assist for Bittensor (TAO) on its platform, with buying and selling set to start on or after 9 AM PT on February 20, 2025.
“Buying and selling will start on or after 9AM PT on February 20 2025 if liquidity circumstances are met. As soon as enough provide of this asset is established buying and selling on our TAO-USD buying and selling pair will launch in phases,” Coinbase wrote on X.
Replying to @CoinbaseAssets
Buying and selling will start on or after 9AM PT on February 20 2025 if liquidity circumstances are met. As soon as enough provide of this asset is established buying and selling on our TAO-USD buying and selling pair will launch in phases. Assist for TAO could also be restricted in some supported jurisdictions.
10:24 pm · 19 Feb 2025 Learn 9 replies
Bittensor worth response
The information of the Coinbase itemizing acted as a catalyst for TAO’s worth, which not solely jumped by greater than 25% to hit a brand new weekly excessive but additionally managed to recoup losses from earlier days when the broader altcoin market mirrored Bitcoin’s struggles.
Bittensor worth chart by TradingView.
Following the itemizing information, TAO’s buying and selling quantity additionally spiked by 70% to $258.75 million, a transparent indicator of heightened investor curiosity and market exercise.
The itemizing is a significant enhance for the AI token, which is presently down 33% over the previous twelve months.
Analysts anticipate the token to expertise additional positive factors because it regains its footing amid the improved crypto perspective with the pro-crypto Trump administration within the US.
Bittensor, which launched in 2019, has been making waves within the AI-powered blockchain house, advocating for a decentralized strategy to AI growth.
With a market cap now at $3.46 billion, it ranks as one of many prime AI tokens by market capitalization, solely behind NEAR based on CoinMarketCap.
Notably Bittensor’s backing by heavyweight enterprise capital corporations like Pantera Capital, Digital Forex Group, and Lyrik Ventures additional solidifies its place available in the market.
The latest launch of the Dynamic TAO whitepaper hints at vital upgrades, probably rising its utility and attraction inside the AI sector.
The itemizing on Coinbase isn’t just a testomony to Bittensor’s rising stature but additionally a pivotal second that would result in additional traction.
Analysts from Grayscale have famous Bittensor’s significance in selling transparency and democratizing entry to AI know-how, contrasting it with centralized AI initiatives like DeepSeek, which increase considerations about knowledge safety and biases.
As TAO finds its place on extra mainstream cryptocurrency exchanges, its potential to affect the AI and blockchain intersection grows.
Whereas it presently stands at $413.03 after the surge, the neighborhood and buyers alike are watching intently to see if this itemizing on Coinbase will propel it to new heights.
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