Evaluating Bittensor’s 23% increase as Europe introduces its first TAO exchange-traded product

Bittensor experienced a 23% price increase after the launch of Europe’s first TAO ETP, reaching a peak of 539 USD. This surge attracted significant investor interest, indicating a possible escalation in demand.

Current market trends show strong bullish momentum for TAO, with a target of 590 USD. However, profit-taking could correct the price to 455 USD, suggesting careful monitoring by investors.

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