Bittensor Price Prediction: TAO Tops AI Gainers As ChatGPT Goes Down, While Traders Buy This AI Content Creation Platform For 10X Gains

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Bittensor Price
Bittensor Price

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The Bittensor price soared 8% in the last 24 hours to trade at $431.97 as of 6:00 a.m. EST as traders go long on the crypto.

The surge in the TAO price has made the altcoin the best-performing AI crypto in the market over the past 24 hours, and comes as thousands of users report that ChatGPT is down. 

Bittensor Price Breaks Resistance, Might Soon Challenge Another

WTAO Chart Image

Daily chart for wTAO/USD (Source: GeckoTerminal)

The Bittensor price breached a resistance level at $390.75 in the last 24 hours, according to data from GeckoTerminal. Closing today’s trading session above this obstacle could clear the way for TAO to test the major resistance at $483.52. This level has rejected the crypto’s price several times in recent weeks. If finally breached, TAO could end up soaring to $576.30.

However, a sudden change in the broader crypto market’s trend might lead to the Bittensor price dropping below the $390.75 mark. Thereafter, continued pressure from sellers could lead to a plunge to as low as $332.76 in the short term.

Bittensor Price Could Keep Soaring As Indicators Remain Bullish

From a technical perspective, indicators on the daily chart suggest the Bittensor price might keep climbing through the course of the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flashing bullish.

That’s as the MACD line looks to cross above the MACD Signal line. If this cross happens, it will trigger a major bullish technical flag. Traders might subsequently react to the event and start to up their long exposure to the AI altcoin. This potential buy volume could then extend the crypto’s recent rally.

RSI readings have also been on the rise over the past couple of days. This could be seen as an indication of growing buyer power. What’s more, the indicator crossed above 50 recently and the RSI line is still sloped upward. This not only suggests buyers have gained an upper hand, but also indicates that buyers continue to grow stronger against sellers. 

As the Bittensor price looks to keep its rally going, investors are also buying into the presale for the AI-powered content creation platform called SUBBD (SUBBD). According to YouTube channel 99Bitcoins, which has over 723k subscribers, SUBBD could soar 10X after launch.

SUBBD Looks To Take On OnlyFans In $85B Industry

SUBBD is a new creator platform that aims to take on OnlyFans in the $85 billion content subscription industry. 

To do that, the platform combines AI, blockchain technology, and crypto to offer creators and their fans a cutting-edge solution and an unprecedented user experience.

For creators, the platform’s AI takes over admin tasks that steal valuable time that could be spent building connections with their followers. Tasks such as research, content creation, and optimization will be executed by the platform, enabling creators to push out quality content at scale while they reconnect with their loyal followers. 

In addition to taking over time-consuming tasks, the platform’s implementation of crypto also removes greedy middlemen from the payments process. This means creators get a greater percentage of their earnings.

For fans, they not only get to engage with their favorite creators in a new way, SUBBD Token holders also unlock additional benefits. This includes VIP access, custom content requests, XP boosts, staking rewards, and so much more.

SUBBD already has 2,000 top-tier creators signed up, with a combined following of over 250 million. This is a lot of potential SUBBD Token investors and users, which could lead to strong upside pressure for the token’s price once the project launches.

SUBBD Token Presale Heads For $1 Million

Investors are already betting big on SUBBD’s future, and have sent more than $643K to the project’s ongoing ICO already.

Interested investors can purchase SUBBD tokens via the simple buy widget embedded on the project’s website. Selling for $0.055625, SUBBD can be bought with both crypto and bank card. 

Tokens can also be staked for an attractive 20% annual percentage yield (APY), giving investors a chance at a passive income from the first day they buy into the token.

Anyone looking to buy will want to hurry because the SUBBD Token’s price will undergo a series of staged increases as the presale progresses. The next price hike is scheduled to take place in 1 day.

Visit the official SUBBD Token website.

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