TAO Targets $300 as Raydium Listing Boosts Bittensor
Bittensor's TAO token is back in focus after its recent resurgence. The AI-powered asset has seen a significant price increase following its listing on Raydium, a popular DeFi platform on Solana. As of now, TAO trades at around $259, and many are eyeing the $300 target.
The launch on Raydium has provided Bittensor with another entry point into the active DeFi market on Solana. This move comes as AI tokens regain momentum, and TAO quickly pushed to a multi-month high before stabilizing at its current price.
Buttensor, a parody token launched on Raydium, uses transaction fees to purchase TAO. Combined with rising social interest and stronger derivatives activity, the setup has kept $300 as a prime target for traders watching Bittensor's next breakout.