Bittensor's TAO Token Targets $300 as DigiTap Starts Smaller

Bittensor's price has been gaining momentum in recent weeks, with its TAO token pushing toward the $300 mark.

The rally started in early September when TAO climbed from around $217 to above $265, and then reached an intraday high near $276. This move briefly lifted Bittensor's market capitalization close to $3 billion, making $300 a potential target for buyers seeking to regain the momentum seen during the first week of September.

Bittensor's decentralized AI ecosystem provides the fundamental narrative behind the move, with its network now having 128 active subnets and their combined token market capitalization reaching about $1.25 billion. These subnets compete across different AI-related markets and receive emissions through Bittensor's decentralized incentive system.

DigiTap, another AI-token play, offers a contrasting setup at $0.0589, giving buyers exposure before its first public-market valuation while the payments product behind it is already live. DigiTap has raised more than $11.78 million and sold over 350 million TAP in presale, with Round 4 being over 85% sold at $0.0589 before the next price rises to $0.0594.