Bittensor Surges 25% as AI Token Rally Continues
Bittensor's price has risen by approximately 25% over the past five days, reaching a two-month high.
This surge in value comes as TAO's social dominance increased to 0.12%, according to Santiment data, following the release of ChatGPT-6 Astra and the launch of Buttensor (BUTT), a meme coin on Solana.
The activity in Bittensor's derivatives market has also strengthened, with TAO open interest reaching a three-month high of $428.57 million, indicating that traders are adding positions rather than simply closing existing contracts during the rally.