Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum-web3.0-php.cn

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Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum

Barbara Streisand

Oct 09, 2024 am 09:56 AM

Ethereum BitcoinBittensor (TAO)

Crypto analyst Mark Jeffrey shared insights on Bittensor (TAO), suggesting it may become the “Third Great Coin” alongside Bitcoin and Ethereum.

Expert Says Bittensor (TAO) May Be The 'Third Great Coin' Alongside Bitcoin and Ethereum

Crypto analyst Mark Jeffrey suggested that Bittensor (TAO) might become the “Third Great Coin” alongside Bitcoin and Ethereum. This assertion was highlighted in his tweet.

Rising interest in decentralized AI networks and applications is evident in Grayscale’s increased TAO holdings, which now constitute the largest position in its Decentralized AI Fund. Grayscale’s shift in focus, from NEAR Protocol to decentralized AI networks, is noteworthy.

Moreover, key tech figures, such as YouTube co-founder Steve Chen, are Retweeting news related to TAO, which is generating buzz in the tech and crypto communities. At a recent Google event in Canada, Bittensor was also introduced.

According to crypto influencer Sahil Roy Khan, Bittensor (TAO) is close to all-time highs, with only a few hundred dollars left before reaching previous peaks.

As of the latest data from CoinGecko, TAO’s price stands at $627.94, experiencing a 0.26% increase in the last 24 hours and a 9.81% rise over the past week.

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