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Cryptocurrency News Articles

Bittensor (TAO) Sees 17% Price Surge After Coinbase Listing Announcement

Feb 20, 2025 at 03:52 am

Coinbase, one of the world's leading crypto exchanges can exert a lot of influence with his token listings. Traditionally, a token would see more interest when the exchange is the list

Bittensor (TAO) Sees 17% Price Surge After Coinbase Listing Announcement

Crypto exchange Coinbase (NASDAQ:COIN) announced the listing of Bittensor (CRYPTO:TAO), which caused an increase of 17% in the token price.

Coinbase announced the listing of Bittensor (CRYPTO:TAO), which caused an increase of 17% in the token price.

The value of the asset has been fluctuating strongly in the past month, but now seems to be on a bullish course again.

The market for AI-Tokens is still somewhat traumatized by Deepseek and other factors, but there are signs of recovery. Hopefully the interest in Bittensor and his subnets can keep the momentum high.

Coinbase, one of the world’s leading crypto exchanges, can exert a lot of influence with his token listings. Traditionally, a token would see more interest when the exchange is the list, and this is true for the last listings in 2025.

Today, the “Coinbase Effect” turned out to be clear after Bittensor rose more than 17% after the listing announcement.

“Coinbase will add support for Bittensor (TAO) on the Bittensor network. The trade will start on or after 9 hours PT on February 20, 2025 if the liquidity conditions are met. As soon as there is sufficient supply of this asset, trade in our Tao-usd trading couples will be launched in phases, “the company said via social media.

Among the leading AI-token had a complicated price trend in recent weeks. Tao looked there quite solid from the end of January, despite the a result in AI-related tokens caused by Deepseek.

The altcoin started crashing at the beginning of February, driven by broader liquidations. However, Coinbase’s initial listing roadmap in Elon Musk’s bid to buy OpenAi helped Tao and the AI ​​Cryptomarkt to find some land.

Bittensor’s course crashed sharply at the beginning of February, and Coinbase only offered temporary lighting put the token on his listing roadmap.

Earlier today was Bittensor one of the most wanted altcoins, and the listing announcement of Coinbase adds extra momentum.

In short, things are currently looking for bullish for Tao. Bittensor already saw raised enthusiasm and a boost in the crypto community, and the coinbase listing will help to keep the momentum going.

However, environmental pressure in the AI ​​space could have a bearish impact on the asset in the near future. For now, however, it has many advantages.

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Other articles published on Feb 21, 2025