Bittensor Price Prediction: TAO Pumps 12% As AI Cryptos Soar, But Traders Turn To This Innovative Meme Coin ICO With A 1,056% APY

The
Bittensor
price
surged
12%
in
the
last
24
hours

to
trade
at
$416.41

as
of
03:30
a.m.
EST
on
trading
volume
that
soared
15%
to
$45.6
billion.

This
comes
as
Artificial
Intelligence
(AI)
cryptos
jumped
9%
in
the
last
24
hours
to
hit
a
market
capitalization
of
$26
billion,
according
to

CoinGecko.

Bittensor
Price
On
A
Bullish
Trend,
Aims
For
A
Trend
Continuation

According
to

GeckoTerminal
data,
the
Bittensor
price
was
in
a
downtrend
from
August
26
to
September
7,
from
the
$358
resistance
to
the
$231
support.

The
bulls
then
used
the
support
to
retry
the
$358
resistance,
with
the
price
movements
along
this
level
forming
a
cup
and
handle
pattern.

TAO
bulls
have
capitalized
on
the
pattern
to
push
the
price
of
Bittensor
above
the
resistance
level,
as
they
aim
to
continue
pushing
the
price
even
higher.

The
Bittensor
price
now
trades
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
coinciding
with
the
uptrend.

Moreover,
the
Relative
Strength
Index
(RSI)
is
also
climbing
past
the
70-overbought
region,
currently
at
77,
which
is
a
confirmation
that
the
asset
is
currently
under
intense
buying
pressure.

The
sustained
bullish
rally
is
also
evident
as
the
Moving
Average
Convergence
Divergence
(MACD)
climbs
above
the
neutral
zone.
The
blue
MACD
line
has
also
crossed
above
the
orange
signal
line,
forming
a
bullish
crossover.

Bittensor
Price
Prediction

According
to
the
Bittensor
price
analysis
on
the
4-hour
chart,
TAO
is
currently
on
a
sustained
bullish
trend,
as
the
bulls
continue
to
capitalize
on
the
cup
and
handle
pattern.

If
the
bulls
continue
pushing
the
price
of
Bittensor
up,
it
could
soar
further
above
its
current
target
of
$526.

However,
with
the
RSI
now
overvalued,
the
bears
could
take
this
as
a
selling
signal,
which
could
push
the
price
of
Bittensor
on
a
correction.
In
this
case,
TAO
could
plunge
back
to
the
50-day
SMA,
now
acting
as
the
immediate
support
zone
at
$320.

Meanwhile,
investors
are
pivoting
to
the
new
meme
coin
presale

Crypto
All-Stars
(STARS),
which
crypto
analyst
Claybro,
with
over
130K
subscribers,
say
has
the
potential
to
soar
10X
after
launch.

Crypto
All-Stars
Presale
Garners
Over
$1.42
Million
–
Best
Meme
Coin
To
Buy?

In
slightly
more
than
a
month
into
its
presale,

Crypto
All-Stars
has
already
raised
over
$1.42
million.

The
project
is
the
first
in
the
industry
to
introduce
multiple
meme
coin
staking,
regardless
of
the
blockchain,
on
a
single
staking
protocol.

Crypto
All-Stars’
standout
feature
is
its
MemeVault
protocol,
which
allows
holders
of
popular
meme
coins
like
Dogecoin
($DOGE)
and
Pepe
($PEPE)
to
stake
their
tokens
together.

A
brand-new
player
in
the
meme
coin
space,
Crypto
All-Stars
just
launched
within
the
past
24
hours,
and
it’s
already
making
waves!
????

Here’s
why
you
should
pay
attention.
????????

—
web3telepath
(@web3telepath)

August
15,
2024

This
means
investors
can
earn
rewards
in
the
native
$STARS
token,
simplifying
the
staking
process
for
multiple
meme
coins.

The
meme
coins
that
can
be
staked
on
Crypto
All-Stars
ialso
include
Shiba
Inu,
Floki
Inu,
Brett,
Mog
Coin,
Milady
Meme
Coin,
Turbo,
Toshi,
Coq
Inu,
and
Bonk.
More
meme
coins
will
be
added
in
the
coming
months.

Investors
can
take
advantage
of
a
stratospheric
annual
percentage
yield
(APY)
of
around
1,056%
by

staking
STARS
tokens.

$STARS
tokens
are
priced
at
$0.0014535
currently.
With
the
price
set
to
increase
in
less
than
two
days,
act
quickly
to
lock
in
the
best
deal.

You
can

purchase
$STARS
from
the
official
website
here
using
ETH,
BNB,
or
credit
cards.

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