Bittensor Price Surge Puts $250 Within Reach as AlphaPepe's Presale Raises Over $2.6 Million

The price of Bittensor's TAO token has surged to around $238 after a strong rebound in one of the strongest AI-token recoveries of the week. This puts reaching its target of $250 within reach, requiring only about 5% growth from the current price.

The token's increase is attributed to new exchange access and cross-chain distribution, which have widened the number of places where traders can access TAO and improved liquidity around one of crypto's largest decentralised AI networks. Additionally, HTX added TAO/USDT spot trading on September 4, while ForeverMoney bridged TAO onto Robinhood Crypto Chain through Chainlink CCIP.

AlphaPepe, an AI-powered DEX utility that is nearing public trading, has also raised a record $2.61 million from more than 11,500 holders in its Stage 20 presale. The project's AlphaSwap uses AI-powered pre-swap intelligence to analyse contract, liquidity, holder, and market signals before users trade.