Bittensor, a decentralized AI project, is experiencing a surge in its native TAO token. The token price jumped 15% over the past day, potentially fueled by unconfirmed rumors of a new Grayscale trust tracking TAO. This positive news comes alongside other exciting developments within the Bittensor ecosystem.
Taobot, a key component of Bittensor, had a successful week. It was chosen as one of the first projects to participate in Akash Network's LlaMa 3 API beta. This is significant because Akash Network recently gained traction by announcing its integration with Meta AI's open-source model, Llama 3. Additionally, Taobot is collaborating with Blockchain Insights on the Bittensor Subnet 15 project. This collaboration empowers users to analyze blockchain data through natural language.
With a 15% price increase, TAO is currently trading at $483.10. CoinGecko data reveals a 24% rise compared to last week, making TAO the top performer within the top 100 assets on the platform, surpassing even PepeCoin.
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