Nvidia CEO Boosts Bittensor Token Price
Bittensor’s TAO token surged Thursday into early Friday after Nvidia CEO Jensen Huang highlighted the project on the All-In podcast, pushing the price from $243.5 to $310.6 before cooling to roughly $298.1 by press time. Huang likened a permissionless, 72-billion-parameter distributed training run across 70+ contributors to Folding@home and endorsed coexistence of open and proprietary models, prompting traders to treat the milestone as technical validation.
Scoring Rationale
Credible executive endorsement and tangible technical milestone, but limited scope and uncertain broader adoption beyond niche crypto-AI markets.
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Sources
- Read OriginalBittensor (TAO) Surges 28% As Nvidia CEO Huang Praises Open AI Modelsnewsbtc.com
- Read OriginalDecoding Bittensor’s AI hype: Is a $1,000 TAO price target realistic?ambcrypto.com
