Bittensor [TAO] has surged 140% over six months, rising from $150 to the $340–$370 range, as traders shift focus from Bitcoin [BTC] to higher-beta altcoins. This rotation is driven by speculative inflows into the AI narrative, with TAO's rally reflecting increased demand for decentralized AI infrastructure. Trading volumes exceeding $900 million indicate aggressive positioning rather than passive accumulation. Bitcoin remains stable near $70,000, with its dominance at 58%, as traders seek higher returns in altcoins. Memecore [M] also saw significant gains, rising 42% in 24 hours to $2.44, highlighting speculative momentum in meme ecosystems. This trend suggests a growing risk appetite and early altcoin expansion, even as broader market sentiment remains cautious.
Bittensor [TAO] Surges 140% as Altcoin Rotation Gains Momentum
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