Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bittensor (TAO) rose nearly 20% in 1 hour

Bittensor (TAO) rose nearly 20% in 1 hour

Chaincatcher2024/04/11 07:01
By:Chaincatcher

ChainCatcher news, according to RootData data, Bittensor (TAO) rose nearly 20% in 1 hour and is now quoted at $689.84.

According to the RootData page, Bittensor is an open source protocol that powers blockchain-based machine learning networks. Machine learning models are trained collaboratively and are rewarded in TAO based on the value of information they provide to the collective. TAO also grants external access, allowing users to extract information from the network while tailoring their activities to their needs. Ultimately, the project’s vision is to create a pure market for artificial intelligence, an incentive arena where consumers and producers of this valuable commodity can interact in a trustless, open and transparent environment.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Federal Reserve begins raising interest rates, making private credit even worse

Rising interest rates act as the "final blow"—portfolio companies face increasing costs on floating-rate loans, while potential buyers are unwilling to acquire assets due to high financing costs. $349 billion is trapped in zombie funds, and around $500 billion in funds face the risk of being overdue and unable to exit. Fundraising has fallen to its lowest level since 2020, with average returns at just 7%, the lowest in 14 years. A wave of software investment defaults is expected to erupt by 2028, with private credit valuations seeing a significant decline.

华尔街见闻2026/09/18 05:41