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TAO’s bullish momentum has traders eyeing key resistance levels at $480 and $500. A break above these levels could pave the way for new all-time highs, especially if broader crypto market sentiment remains strong.
\n\n\n\nWith Bitcoin stabilizing and altcoins gaining traction, Bittensor remains a key token to watch. However, maintaining momentum beyond the initial Coinbase-driven surge will be crucial in determining its long-term trajectory.
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Bittensor (TAO) jumps 20% after its Coinbase listing, with analysts eyeing $500 as the next key level.
Author: Tanishq Bodh
Written On: Fri, 21 Feb 2025 11:59:30 GMT
Bittensor (TAO) has surged following its listing on Coinbase, with investors speculating on further price gains amid growing adoption.
Coinbase has officially added support for Bittensor (TAO), increasing its accessibility to both retail and institutional investors. The listing allows TAO to be transferred and traded on Coinbase and Coinbase Exchange in supported regions.
Historically, Coinbase listings have driven strong price momentum for altcoins, often acting as a catalyst for further rallies. In the past seven days, TAO has climbed 20%, now trading at $473 with a market cap of $3.97 billion.
Bittensor (TAO) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/676miKRrfh
— Coinbase Assets 🛡️ (@CoinbaseAssets) February 20, 2025
TAO’s bullish momentum has traders eyeing key resistance levels at $480 and $500. A break above these levels could pave the way for new all-time highs, especially if broader crypto market sentiment remains strong.
With Bitcoin stabilizing and altcoins gaining traction, Bittensor remains a key token to watch. However, maintaining momentum beyond the initial Coinbase-driven surge will be crucial in determining its long-term trajectory.
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