- Bittensor (TAO) is leading the list of trending tokens.
- The AI cryptocurrency is up by 14.21% over the last 24 hours.
- It is followed by ZBCN and PHA.
The Bittensor AI cryptocurrency, TAO, is currently leading the list of trending tokens over the last 24 hours. It has dethroned BTC, which dominated the list yesterday. While TAO has recorded significant gains during this timeline, the AI crypto is next expected to undergo correction for 3 months. Meanwhile, tokens like BTC and ETH have either declined or made slight gains.
Bittensor AI Cryptocurrency, TAO
Bitcoin tokens were last seen leading the list, but it has now been claimed by TAO. Also at the top of the list of AI tokens in terms of market cap, TAO is trending with a daily uptick of 14.21% at the time of writing this article. Its exchange price is $285.18, which is also up by 19.15% in the last 7 days.
The next 3 months could be critical for the Bittensor token, given it is projected to undergo a maximum correction of around 22.79%, taking its value as low as approximately $224.47. Volatility for TAO is very high at 17.45%, but overall sentiments are neutral.
The 14-Day RSI of 78.40 signals that it has been overbought. The 50-Day SMA and the 200-Day SMA stand at $196.67 and $292.39, respectively.
Other Trending Tokens
ZBCN and PHA are next on the list of trending tokens, or trending cryptocurrencies. The Phala Network token, PHA, stands out with a daily gain of 27.69%. It is now trading at $0.04064.
The Zebec Network token, or ZBCN, even though it is down by 2.3% in the last hour, has been able to sustain an upward trajectory with +19.46% over the past 24 hours. Also on the list are UAI, WZXP, and LGNS, in the same order.
Top Cryptocurrencies
Top cryptocurrencies, on the sidelines, have been steady in the last 24 hours. BTC has noted a slight gain of 0.61%, and ETH has plunged by 1.15%. Nevertheless, they are still above their respective expected marks. Bitcoin tokens are at $70,640.75, and Ethereum tokens are at $2,149.09.
XRP and BNB have shed almost 0.84% and 0.39%, applicable in the same order, of their weights.
All that said, it is important to note that positions on the list of trending cryptocurrencies are subject to change. Also, the content of this article is neither a recommendation nor advice. Do thorough research and risk assessment before crypto or any other kind of investments.
Highlighted Crypto News Today:
Dogecoin Buzz Returns as Elon Musk Revives Dogefather Meme
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Market Rebounds 1.5% to $2.54T as Bitcoin Leads Rally Amid Tech Surge and Policy Progress
The crypto market rebounded 1.5% to $2.54 trillion, led by Bitcoin's 7% gain amid easing geopolitical tensions and strong ETF inflows. Analysts predict further gains if Bitcoin surpasses $76K resistance.
GateNews26m ago
Bitcoin bull market index rises to 40 points; Bloomberg: the U.S. and Iran are considering extending the ceasefire agreement by two weeks
Bitcoin’s price as of April 16 is approaching $74,700. The Bullish Sentiment Index (BSI) has risen to 40 points, indicating a rebound in market sentiment. The United States and Iran are evaluating options to extend the current ceasefire agreement, and they are also discussing navigation issues in the Strait of Hormuz, as diplomatic negotiations continue.
MarketWhisper5h ago
Bitcoin holds steady at 74K, and FOMO sentiment is heating up as U.S. stocks hit a record high
Benefiting from positive news about the U.S.-Iran peace agreement, the stock market surged sharply, with the Nasdaq index and the S&P 500 index reaching record highs. Bitcoin remained steady at 74K, market sentiment improved, and the Fear & Greed Index rose to 55. Investor FOMO toward the stock market intensified, and the total market capitalization in the crypto market increased overall, indicating genuine buy-side interest.
ChainNewsAbmedia7h ago
Bitcoin Rebounds to $74K on U.S.-Iran Framework Deal, But Market Skepticism Remains
Bitcoin's recent rise to mid-$74,000 followed a risk asset rally linked to a U.S.-Iran nuclear framework, but skepticism remains due to flat Treasury yields and unchanged gold prices. The core issue of uranium enrichment persists, and while on-chain data shows BTC's gradual advance, options markets reflect doubts about a sustained breakout. Overall, analysts see the rally as temporary, with macro conditions still tight and potential downside risks.
GateNews19h ago
Cardano Traders Watch $0.243 Support Level as ADA Price Faces Critical Decision
Cardano (ADA) is at a crucial support level of $0.243, with potential gains to $0.30 if it holds. A daily close below this could lead to declines toward $0.10. Currently, trading volume is around $500 million, with ADA notably below its all-time high.
GateNews21h ago
