After Coinbase announced that it would list Bittensor (TAO), the price of Altcoin gained 17 percent. Tao, which has recently followed a wavy course, entered the rise trend with this development.
Artificial Intelligence -oriented Altcoin projects are collected
Artificial Intelligence (AI) -oriented Altcoin projects have been going through a challenging period for a while due to the effects of the Deepseek crisis. However, recent developments give signals of recovery in the market. TAO is expected to maintain its acceleration if its interest in the ecosystem continues.
Coinbase has a significant impact on the crypto market. While the tokens listed by the stock market are often encountered a strong demand increase, this is called the “Coinbase Effect .. Tao’s rapid rise shows that this effect is still strong.
Coinbase announced in his official statement that the TAO-USD processing pair will gradually operate on 20 February 2025 or when liquidity conditions are met.
TAO gained momentum with Coinbase news after a challenging process
TAO, which performed strongly at the end of January, was adversely affected by the general liquidation wave on the market at the beginning of February. However, Coinbase’s announcement of the Token’s Plan and Elon Musk’s move to buy OpenAI, helping Tao recover.
As of today, Bittensor is one of the most researched subcoins by investors. Coinbase’s listing announcement has also increased this interest.
It remains unclear how general market conditions will have an impact on the price of TAO. However, for now, Token continues its rise with the support and interest of investor from large stock exchanges.
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