Bittensor

PEPE

Coin

<p>The Bittensor price has plunged 23% in the last 24 hours <a href="https://www.coingecko.com/en/coins/bittensor" rel="noopener noreferrer nofollow">to trade at $192</a> as of 12:30 a.m. EST on a 54% surge in trading volume to $81 million.</p>
<p>That made it the biggest loser among major cryptos as the industry’s overall market capitalization plummeted 13.4% to $1.85 trillion after a rate cut by Japan spooked investors, triggering panic selling amid fears of a recession after the US Fed held rates steady last week instead of cutting them.</p>
<h2 id="bittensor-price-analysis-tao-dipens-further-can-bulls-regain-momentum">Bittensor Price Analysis: TAO Dipens Further, Can Bulls Regain Momentum?</h2>
<p>Bittensor (TAO) delivered massive returns to its investors, surpassing 1600%, reaching an all-time high of $755.01 between October 2023 and March 2024. However, it hit a supply zone and couldn’t push beyond that peak.</p>
<p>This led to profit-taking, which eroded over 70% of the gains that had been achieved. However, the bulls seem to have staged support at $215, pushing the price to the upper boundary of the bearish channel.</p>
<p>The resistance level at $358 has driven the price down by nearly 20% this week, pushing it towards the crucial support at $200. The decline accelerated after breaking below the previous swing low of $300 and the 50-day SMA support level. Other indicators also showed a bearish crossover, with the RSI at 43.82.</p>
<p><img decoding="async" class="alignnone wp-image-560628 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/TAOUSDT_2024-08-05_08-20-31.png" alt="Bettensor price" width="980" height="545" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/TAOUSDT_2024-08-05_08-20-31.png 980w, https://insidebitcoins.com/wp-content/uploads/2024/08/TAOUSDT_2024-08-05_08-20-31-300x167.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/TAOUSDT_2024-08-05_08-20-31-768x427.png 768w" sizes="(max-width: 980px) 100vw, 980px"></p>
<p>TAOUSDT Analysis (Source: Tradingview)</p>
<h2 id="bittensor-price-bulls-still-have-hope">Bittensor Price: Bulls Still Have Hope</h2>
<p>The price is also trading below the 50 simple moving average as bears continue to push the price down. However, it remains above the&nbsp; 200 SMA, which allows the bulls to drive the price back up.</p>
<p>Furthermore, the Relative Strength Index (RSI) indicates a downtrend from the 70 overbought regions falling below the 50 midline level to the oversold region. At his level, the bulls have a chance to drive the price up again, thereby pushing the RSI back to the overbought 70</p>
<h2 id="bittensor-price-prediction">Bittensor Price Prediction</h2>
<p>The current situation suggests a short-term decline and a breakdown of the falling wedge pattern. As a result, bears might target support levels at $180 and $155. However, if a sudden uptick in support boosts the price, resistance could be found at $330 and $358.</p>
<h2 id="final-call-to-buy-wienerai-now-before-launch-in-hours">Final Call To Buy WienerAI Now Before Launch In Hours</h2>
<p>With the TAO price plunging, investors are flocking to buy the blockbuster <a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">WienerAI (WAI)</a> presale before it’s too late. The token has raised more than $9 million and is offering investors a last chance to buy before it lists in a few hours at 12p.m. UTC.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">12 hours left!</p>
 <p>The final countdown to the WienerAI launch has begun! 🌭 <a href="https://t.co/PJ2xvEkeeT" rel="noopener noreferrer nofollow">pic.twitter.com/PJ2xvEkeeT</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1820240642406244410?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 4, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>WienerAI blends a playful dog theme, a quirky sausage meat twist, and advanced AI capabilities.</p>
<p>Its standout feature is a powerful trading bot, designed to be a crypto trader’s ideal partner. If you’re unsure whether to buy or sell a cryptocurrency, ask the bot.</p>
<p>Within seconds, you’ll receive a comprehensive analysis of the current price, potential buy or sell signals, and even some price predictions.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">WienerAI is launching Monday! 🌭</p>
 <p>Check out our timeline of major events so you don't miss any action! <a href="https://t.co/i7Wib8lUOr" rel="noopener noreferrer nofollow">pic.twitter.com/i7Wib8lUOr</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1819386756137210304?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 2, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>WienerAI also offers a staking protocol with an impressive annual return of 122%.</p>
<p>ClayBro, an influential YouTuber with 130k subscribers, says WAI could explode 20X after launch.</p>
<p><iframe title="Wiener Dog AI Presale Is Ending Soon! The Countdown To Gains Starts Now!" width="640" height="360" src="https://www.youtube.com/embed/EUD5OYEuqNA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>There is a less than 4 hours left for interested investors to participate in what has been one of the hottest presales of the year.</p>
<p><a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">Buy WAI tokens here for $0.00075 each using ETH, BNB, USDT, or a bank card.</a></p>
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 <li><a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e" rel="noopener noreferrer nofollow">Upcoming Crypto Presales: Unlock Early Investment Opportunities!</a></li>
 <li><a href="https://insidebitcoins.com/news/bonk-price-prediction-bonk-tops-gainers-with-24-leap-but-experts-say-this-ai-meme-coin-rival-might-10x" rel="noopener noreferrer nofollow">Bonk Price Prediction: BONK Tops Gainers With 24% Leap, But Experts Say This AI Meme Coin Rival Might 10X</a></li>
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Bittensor Price Prediction: TAO Is Biggest Loser In Crypto Crash With 23% Plunges As Investors FOMO Buy This AI Meme Coin With Just Hours Le...

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