Bittensor's (TAO) price has cooled down to around $260 after a strong 27% rally last week. This slight pullback is likely due to profit-taking and defense of key support levels, rather than a full reversal.
The broader AI crypto sector, however, is gaining momentum with a 7% market cap rise and increased trading volume. This growth is driven by renewed interest in decentralized AI, which has led investors towards alternatives to centralised AI models.
If TAO holds its support, it could resume its upward trend toward $300 amid improving liquidity and risk-on sentiment.