{"id":61129,"date":"2025-10-14T21:11:49","date_gmt":"2025-10-14T21:11:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bittensor-price-surges-12-as-tao-defies-market-slump\/"},"modified":"2025-10-14T21:11:49","modified_gmt":"2025-10-14T21:11:49","slug":"bittensor-price-surges-12-as-tao-defies-market-slump","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bittensor-price-surges-12-as-tao-defies-market-slump\/","title":{"rendered":"Bittensor price surges 12% as TAO defies market slump"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bittensor-tao-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bittensor-tao-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bittensor-tao-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bittensor-tao-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bittensor price continued higher despite the overall crypto market dump.<\/li>\n<li>TAO was up by more than 12% amid catalysts such as Grayscale\u2019s Bittensor Trust news.<\/li>\n<li>Bulls could target $715 and then the psychological $1,000 mark.<\/li>\n<\/ul>\n<p>Bittensor (TAO) has surged by more than 12% in the past 24 hours to rank among the top market performers today, with TAO trading to highs of $475 as it bucks the trend across most <a href=\"https:\/\/coinjournal.net\/news\/crypto-wrap-bnb-dips-10-as-sol-tests-200-xrp-etfs-updates\/\">altcoins<\/a>.<\/p>\n<p>While the uptick came alongside a bounce for decentralized AI protocols, what else helped the Bittensor price up?<\/p>\n<h2>Why is Bittensor price up today?<\/h2>\n<p>TAO\u2019s impressive gains align closely with the recent launch of a liquid staked TAO token, which enhances staking efficiency and liquidity within the Bittensor ecosystem.<\/p>\n<p>Liquid staking allows users to earn rewards on their TAO holdings without locking assets, enabling participation in DeFi activities like lending or yield farming.<\/p>\n<p>Platforms such as Tensorplex have facilitated this by bridging TAO to Ethereum and Base networks, issuing stTAO tokens that represent staked positions.<\/p>\n<p>On October 13, 2025, the Tao. App <a href=\"https:\/\/x.com\/taoapp_\/status\/1977780433346818245\" target=\"_blank\" rel=\"noopener\">announced<\/a> the launch of Virtual TAO (VTAO), a new omnichain liquid staked TAO token powered by LayerZero.<\/p>\n<p>Users can bridge vTAO from Bittensor to any Ethereum Virtual Machine-compatible chain.<\/p>\n<p>The token is available across Base, Ethereum and Arbitrum and will soon go live on Solana.<\/p>\n<p>Also catalysing TAO price gains is the momentum that followed Grayscale\u2019s Bittensor-related news.<\/p>\n<p>The company <a href=\"https:\/\/x.com\/Grayscale\/status\/1976761631263858812\" target=\"_blank\" rel=\"noopener\">filed<\/a> a Form 10 registration statement with the US Securities and Exchange Commission (SEC) for a Grayscale Bittensor Trust ($TAO) on October 12.<\/p>\n<p>This filing marks the initial step toward converting the trust into a full SEC Reporting Company under Section 12(g) of the Securities Exchange Act of 1934.<\/p>\n<p>TAO\u2019s price has surged amid forecasts that the move could fast-track the potential launch of a Bittensor exchange-traded fund.<\/p>\n<h2>TAO price forecast<\/h2>\n<p>Despite the dip to lows of $224 on October 11 amid a crypto bloodbath, Bittensor\u2019s price has received a boost with the above tailwinds.<\/p>\n<p>After bouncing to highs of $475, TAO\u2019s technical outlook points to potential upside continuation.<\/p>\n<p>Key indicators on the daily chart, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), give bulls an upper hand.<\/p>\n<figure id=\"attachment_341302\" aria-describedby=\"caption-attachment-341302\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-341302\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/10\/bittensor-tao-chart.png\" alt=\"Bittensor TAO chart\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-341302\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/TAOUSDT\/\" target=\"_blank\" rel=\"noopener\">TAO price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>While the daily RSI has climbed to 71, entering overbought territory, it\u2019s not overextended.<\/p>\n<p>This signals likely buying momentum and investor conviction, and TAO could climb further before pullback amid profit-taking.<\/p>\n<p>Also, the Moving Average Convergence Divergence (MACD) recently executed a bullish crossover.<\/p>\n<p>The histogram has expanded and signals more gains.<\/p>\n<p>Short-term projections for TAO include a surge to a new year-to-date high above $500, with bulls likely to eye December 2024 peak above $715.<\/p>\n<p>The $1,000 level is a major target for buyers.<\/p>\n<p>However, risks such as broader market corrections could allow bears to test levels below the $300\u2013$360 support zone.<\/p>\n<p>$225 and then $180 are key levels.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bittensor-price-surges-12-as-tao-defies-market-slump\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bittensor price continued higher despite the overall crypto market dump. TAO was up by more than 12% amid catalysts such as Grayscale\u2019s Bittensor Trust news. Bulls could target $715 and then the psychological $1,000 mark. Bittensor (TAO) has surged by more [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":61130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61129"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=61129"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/61130"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=61129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=61129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=61129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}