Bittensor (TAO) Rallies 35%, But Social Sentiment Stays Mixed

Bittensor has enjoyed a sharp surge of more than 35% over the past week, but data indicate the social media crowd is still not overly bullish toward the altcoin. Bittensor Has Broken Out With A Sharp Rally This Month While the wider digital assets sector has been stuck in a phase of consolidation recently, Bittensor has been among the few tokens that have stood out. Since March 8th, the altcoin has jumped by 94%, nearly doubling in value. Related Reading: Bitcoin Whales Go Silent: Large Transactions Plummet The chart below shows how TAO’s recent trajectory has looked: As is visible in the graph, Bittensor saw a peak above $370 on Wednesday, but the asset has since retraced back to the $340 level. Nonetheless, it remains over 35% in the green for the week even after this pullback. TAO’s breakaway from the rest is likely to be a result of its AI-focused narrative. In a nutshell, the blockchain operates as a decentralized marketplace where machine-learning models compete to pr