TAO Price Skyrockets on Raydium Debut
TAO has gone live on Raydium, a decentralized exchange (DEX) aggregator, and its price has reached a 3-month high. The move is seen as a significant development for Bittensor, an artificial intelligence-powered market maker that provides liquidity to the TAO/USDT trading pair.
The integration with Raydium allows users to trade TAO on a decentralized platform, providing greater flexibility and accessibility. This comes at a time when the cryptocurrency's price has been trending upwards, reaching its highest point in three months.
Bittensor's market making capabilities are expected to continue supporting the trading pair, ensuring that liquidity is maintained even as prices fluctuate.