TAO (Bittensor) rose 8.46% in the last 24 hours

Gate News Bot news, on July 10, according to CoinMarketCap data, as of the time of writing, TAO (Bittensor) is currently priced at $347.85, with a pump of 8.46% in the last 24 hours, peaking at $351.32 and dropping to a low of $315.87, with a 24-hour volume of $157 million. The current market capitalization is approximately $3.266 billion, an increase of $255 million compared to yesterday. TAO currently ranks 31st in the crypto assets market capitalization.

Important news about TAO recently:

1️⃣ Seed label removal Starting from July 9, 2025, the seed label for TAO (Bittensor) will be removed. This move reflects the project’s increased maturity, helps enhance investor confidence, and may be an important factor driving the recent price pump.

2️⃣ Trading Availability Expansion TAO has opened trading services to more regional users on multiple major trading platforms, significantly enhancing its liquidity and accessibility. The expansion of trading channels has brought more market participants to TAO, which may be one of the key reasons for the rise in volume.

3️⃣ Market Recognition Improvement Multiple well-known trading platforms have successively supported TAO trading, indicating that its position in the Crypto Assets market is steadily rising. This broad market recognition may enhance investors’ confidence in the long-term development prospects of TAO, thereby supporting its price performance.

From a technical perspective, after TAO broke through the $350 level, it continues to maintain strong momentum and may seek further breakthroughs around this price level in the short term. However, considering the profit-taking pressure after the recent rapid rise, investors should remain vigilant about the potential short-term pullback risks.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.