Bittensor: As ‘golden cross’ emerges, will TAO soar to $500 next?

Over the last 24 hours, TAO’s price surged from 411 USD to 472.2 USD, marking a 13.16% increase. Trading volume has also climbed significantly, recording a 122% increase to 588 million USD.

The emergence of a ‘golden cross’ pattern and rising Open Interest (OI) by 20.59% indicate strong bullish sentiment in the market. If buyers maintain their momentum, TAO could potentially reach 500 USD.

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