Mantra price has declined in recent days, entering a local bear market with a 30% drop from its all-time high. Mantra (OM) token was trading at $3.54, bringing its market cap to over $3.28 billion.
Cryptocurrencies have done better than American stocks this year. Bitcoin has more than doubled, while smaller meme coins like Dogwifhat and Popcat have minted many millionaires.
Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.
TAO's price stands at $623.78, reflecting a notable 9.8% increase in the last 24 hours. This rally is not just a temporary uptick; it comes with strong market momentum, as trading volume surged by over 40%, reaching $470.79 million.
The evolution of decentralized finance (DeFi) has led to innovative platforms that aim to close the gap between traditional financial systems and the possibilities offered by blockchain technology. MANTRA is one of these solutions, combining governance tools, staking, and lending with a focus on tokenizing real-world assets (RWAs).
TAO's latest uptick and updates have placed it in a good position right now.
The upcoming year is expected to be highly volatile for AI coins as the new administration implements policies to tackle economic challenges.
Miles Deutscher, a prominent crypto analyst with over 575,000 followers on X (formerly Twitter), has unveiled his top ten artificial intelligence (AI) altcoins poised for significant growth by 2025. Emphasizing the burgeoning potential of the AI sector within the cryptocurrency landscape, Deutscher suggests that this could be “the biggest opportunity of the bull run.
Bittensor and Theta have also recorded double-digit gains in the past 24 hours, hitting levels that bulls could strengthen at to add to the upside momentum. Meanwhile, the global crypto market cap has jumped 2% to $3.37 trillion, benefitting from Bitcoin's spike above $97,000.
Altcoins are creating a buzz in the market with a rapid rise of 7.9% in market cap, while Bitcoin's price stayed flat, causing its dominance to dip to 58.54%.
As the Bitcoin price is gaining strength and appears to be self-composed to revamping a decent rally to $100K, some of the altcoins have reached the edge of the consolidation. Bittensor (TAO) & Injective (INJ) coiled up consistently, suggesting a strong rise could be fast approaching.
Bittensor (TAO)'s price has risen 10% in the last 24 hours, solidifying its position as the largest artificial intelligence coin by market cap at $4.2 billion. The Ichimoku Cloud, RSI, and EMA lines all point to a strong uptrend.
Data from analytics firm CoinGecko shows that Layer-1 native tokens grew by 7,000% in 2024. While major projects like Bitcoin and Ethereum recorded significant gains, other tokens saw notable growth in niche markets.
Layer 1 blockchains have seen explosive growth in 2024, with Mantra (OM) leading the charge, boasting a 7,035% increase. Explore the top performers and market dynamics.
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.
Leading crypto exchange Binance has again sparked market optimism surrounding certain tokens, revealing enhanced offerings for investors on Monday. Notably, the exchange added new trading pairs for CATI, HBAR, OM, FDUSD, RAY, and TAO to its stockpile of offerings, magnetizing traders and investors globally.
Altcoins posted significant gains this week buoyed by Bitcoin's rally.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem. What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will lead the new venture called Yuma, aimed at supporting businesses that want to build and deploy AI models on Bittensor, according to a Wednesday press release.
HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.
Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor's infrastructure. According to the firm's statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth.
Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov.
Crypto venture capital firm Digital Currency Group (DCG) is looking to promote the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group.
DCG's Barry Silbert launches Yuma, a decentralized AI venture, to develop projects for Bittensor's innovative AI network. The post DCG's Barry Silbert unveils decentralized AI venture to fund Bittensor projects appeared first on Crypto Briefing.
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor's decentralized AI ecosystem.
Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.
TAO was trading at $488.4, a zone that has previously triggered price reversals. Will the same happen this time around?
Bittensor (TAO) has been gaining considerable attention in the cryptocurrency market recently, marked by a dramatic increase in trading volume and a noticeable rise in price action. As of November 13, 2024, TAO's trading volume soared to over $500 million within a 24-hour period, indicating robust market interest.
TAO nears a potential breakout with robust metrics, eyeing a target of $1,252.6.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
Bittensor (TAO) price is experiencing strong upward momentum, consolidating its position as the largest artificial intelligence (AI) coin in the crypto market today. Recent analysis using the Ichimoku Cloud highlights a bullish trend, suggesting that buying pressure remains strong.
Latest updates on the coins ATOM, MATIC, and TAO.
The artificial intelligence (AI) boom has put related startups, stocks, and cryptocurrencies in the spotlight and investors' portfolios in 2024. Now, looking at 2025 amid an expected altcoin bull rally, Finbold selected two AI-related cryptocurrencies to consider buying moving forward.
MANTRA has announced details of its highly anticipated 50 million $OM token airdrop, sparking excitement across its community of over 350,000 participants. Eligible recipients, including stakers, NFT holders, and active ecosystem members, will receive tokens based on various engagement levels.
Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.
It was a sea of red in the cryptocurrency market on Tuesday as investors positioned themselves for the US election and the Federal Reserve interest rate decision. Bitcoin fell to $67,900, while Solana (SOL), Popcat (POPCAT), and Mantra (OM) fell to $158, $1.2, and $1.28, respectively.
Layer-1 blockchain MANTRA and United Arab Emirates-based tokenization platform Libre Capital aim to drive further adoption of tokenized real-world assets On Nov.
Bittensor is an innovative open-source project that aims to bridge the worlds of blockchain technology and artificial intelligence (AI) through its native token, TAO. This token allows users to interact with a decentralized network that facilitates machine learning, enabling them to extract valuable data while tailoring the network's operations to meet their needs.
Bittensor (TAO), the leading AI coin, has risen 76.64% this year but currently faces bearish pressure. Its price has dropped below crucial support levels, with indicators pointing to continued challenges.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.
Mantra OM has made a notable comeback, surging 15% within a 24-hour period. This rally comes on the heels of significant whale activity, signaling a renewed interest in the altcoin after a challenging few weeks.
Bittensor made significant gains over the past day hiking by 7.12% surpassing other AI-themed altcoins. TAO's trading volume also surged by 104.58%.
MANTRA has announced an official partnership with Google Cloud as the L1 network will use Google as a primary validator for its mainnet.
Mantra has announced that cloud computing giant Google Cloud is now a validator and infrastructure provider for the layer-1 blockchain MANTRA Chain. MANTRA Chain, whose mainnet went live on Oct. 23, is an L1 for tokenized real-world assets.
With one-third of the Q4 already coming to an end, October was surprising as many altcoins managed to chart new all-time highs. However, one token that got away is the leader of the crypto assets, Bitcoin.