Artificial Intelligence Asset TAO Soars Amid ChatGPT's Downturn, Trading Surges for AI Content Creation Platform, Anticipated to Multiply Returns by 10X
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The Bittensor price skyrocketed 8% in the last 24 hours, trading at $431.97 as of 6:00 a.m. EST. Traders are going long on this crypto gem.
The astronomical surge in the TAO price has positioned it as the best-performing AI crypto in the market in the last 24 hours, coinciding with reports indicating ChatGPT is down for thousands of users.
Breaking Barriers, Upward Mending!
Daily chart for wTAO/USD (Source: GeckoTerminal)
Bittensor price broke resistance at $390.75 in the last 24 hours, according to GeckoTerminal data. If it closes the trading session above this hurdle, it could pave the way for TAO to test the significant resistance at $483.52. This level has repeatedly denied the crypto's price in recent weeks. A breach of this level could propel TAO to hit $576.30.
However, a sudden reversal in the broader crypto market's trend may cause the Bittensor price to plummet below the $390.75 mark. Further pressure from sellers could lead to a tumble toward $332.76 in the near term.
Bullish Technical Trends
From a technical standpoint, indicators on the daily chart suggest the Bittensor price might continue its climb over the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are pointing towards a bullish outlook.
The MACD line is poised to cross above the MACD Signal line, triggering a significant bullish technical signal. This move might prompt traders to ramp up their long exposure to the AI altcoin, potentially extending its recent rally.
The RSI readings have been on the rise over the past couple of days, suggesting growing buyer power. The RSI just crossed above 50, and the RSI line is still sloping upward. This signifies not only that buyers have taken control, but also that buyers continue to gain strength against sellers.
Investors Bet Big on SUBBD
As the Bittensor price maintains its upward momentum, investors are also piling into the presale for SUBBD (SUBBD), an AI-powered content creation platform that aspires to challenge OnlyFans in the $85 billion content subscription industry. According to 99Bitcoins' YouTube channel with over 723k subscribers, SUBBD could surge 10X after launch[1].
SUBBD: Revolutionizing Content Creation
SUBBD combines AI, blockchain technology, and crypto to equip creators and their fans with an innovative solution and an unparalleled user experience. For creators, the platform handles administrative tasks, allowing them to focus on building connections with their followers instead[1].
For fans, they get to connect with their favorite creators in a new way, and SUBBD Token holders enjoy exclusive perks such as VIP access, custom content requests, XP boosts, staking rewards, and more[1].
SUBBD Token Presale Taking Off
Investors are already placing substantial bets on SUBBD's future. The ICO has already raised more than $643k, with interested investors purchasing SUBBD tokens via the simple buy widget on the project's website[1]. Tokens can be bought with both crypto and bank card, and they can also be staked for a 20% annual percentage yield (APY), offering investors a chance at passive income from the first day they invest in the token[1].
Investors who act quickly may capitalize on the upcoming price hikes in the SUBBD Token's presale. The next price increase is scheduled to occur in 1 day[1].
Check out the official SUBBD Token website here.
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[1] 99Bitcoins. (n.d.). SUBBD token presale heads for $1 million as creators race to join platform. Accessed June 9, 2025, from youtube.com/channel/UCzTTM65-0DpQwoJqhP4jI9w
- The surge in TAO's price, combined with the success of SubBD's presale, underscores the growing interest in AI-powered vehicles in the finance and business sector, leveraging blockchain technology to revolutionize content creation and investing.
- Beyond just cryptocurrencies, investors are exploring diverse opportunities within blockchain technology, such as the presale of SubBD tokens, which promises to challenge established platforms like OnlyFans and offer passive income through staking.
- As altcoins like TAO and SubBD Token continue making waves in the crypto market, driven by bullish technical trends and innovative applications of blockchain technology, investors remain alert, ready to capitalize on the ongoing growth and momentum in the digital finance and technology landscape.
