Bittensor’s TAO Flips ICP to Become Second Largest AI Coin Amid Market Shift

News.bitcoin.com2024-09-30 tarihinde yayınlandı2024-09-30 tarihinde güncellendi

According to the latest market trends, the artificial intelligence (AI) coin bittensor (TAO) has overtaken internet computer (ICP), now sitting as the second largest AI-focused coin, just below near protocol (NEAR).

TAO’s 5.7% 24-Hour Jump Pushes it Ahead of ICP in AI Coin Market

Kicking off the week, despite a general market slump, bittensor (TAO) saw a 5.7% increase in the past 24 hours. Over the last month, TAO has climbed 109.6% against the U.S. dollar. As of today, TAO’s trading range is between $540 and $604 per token, bringing its market valuation to $4.436 billion. This rise edged TAO past internet computer (ICP), which had a market cap of $4.364 billion as of Monday, Sept. 30, at 11 a.m. Eastern Time.

Bittensor’s TAO Flips ICP to Become Second Largest AI Coin Amid Market Shift
Top five AI coins by market cap.

Bittensor, in a nutshell, is a decentralized blockchain network aimed at creating a global marketplace for AI and machine learning models. The white paper says it strives to democratize AI development, promote open collaboration, and move away from corporate AI monopolies. The platform enables peer-to-peer training, sharing, and trading of AI models.

Bittensor’s TAO Flips ICP to Become Second Largest AI Coin Amid Market Shift

The token TAO is the native crypto asset powering the Bittensor network and serves a variety of purposes within the system. It’s used for rewards, staking, governance, fees, and access to services. Miners and validators earn TAO for their efforts, while token holders can engage in network governance and delegate their tokens for additional rewards.

Bittensor’s main goal is to encourage decentralized machine intelligence by transforming machine learning models into tradable assets. The network has a fixed supply of 21 million TAO tokens, and its emission model mirrors that of Bitcoin. Just 238 days ago, TAO traded at $422, marking a 40.75% gain since then. In mid-May 2023, TAO hit an all-time low of $30.83, and since then, it’s surged by 1,820%. However, TAO remains 21.8% below its peak price of $757 per coin, which it reached on March 7, 2024.

What do you think about bittensor becoming the second-largest market cap in the AI sector? Share your thoughts and opinions about this subject in the comments section below.

İlgili Okumalar

DeFi Has Reached Its Most Dangerous Moment: The Real Vulnerabilities Are Not in the Code

DeFi in Peril: The Real Vulnerability Isn't in the Code April 2026 marked a paradigm shift in DeFi security, with over $625 million lost across 30 incidents—the worst month in crypto history by event count. Crucially, none of the major exploits (Drift Protocol: $285M, KelpDAO: $292M, Wasabi Protocol: $4.5M) resulted from smart contract vulnerabilities. Instead, failures occurred in the operational "plumbing": social engineering to compromise multi-signature councils, a single-point-of-failure 1-of-1 bridge validator, and stolen admin private keys. These events expose a fundamental misalignment: the industry's security model has long focused on code audits, while the actual attack surface has shifted to privileged access points and off-chain infrastructure. The article introduces the term "OpenFi" to describe this reality: permissionless, on-chain, yet operationally dependent on trusted third parties (admins, validators, oracles) at key junctures. The KelpDAO exploit vividly demonstrated asymmetric "contagion risk." A configuration error in a smaller protocol triggered a panic, causing approximately $13.2 billion in outflows from larger, unaffected protocols like Aave within 48 hours, as users fled uncertain collateral. The core dilemma is the double-edged sword of centralization. Operational levers like emergency councils (e.g., Arbitrum freezing stolen funds post-KelpDAO) enable crisis response but also create catastrophic attack surfaces if compromised (e.g., Drift). The path forward demands radical honesty: protocols must clearly disclose their trust assumptions, operational levers, and failure modes. The industry must treat operational security (key management, configurations, incident response) with the same rigor as code security. Survival depends on building systems whose risks can be understood, priced, and insured, moving beyond the outdated "code is law" mantra to a mature model of disclosed and managed trust.

链捕手5 saat önce

DeFi Has Reached Its Most Dangerous Moment: The Real Vulnerabilities Are Not in the Code

链捕手5 saat önce

Vitalik's Article Emphasizes Ethereum Must Be 'Amazing', But Foundation Is Not the Center

Vitalik Buterin has published a lengthy response to recent community criticism directed at the Ethereum Foundation (EF). Acknowledging a sense of "unease," he addresses concerns about the EF's strategic direction, its perceived disconnect from ETH's price performance, and calls for its reduced central role. Vitalik rejects the notion that the EF should be the central governing body of Ethereum, framing it instead as one "node with a clear mandate" among many within the ecosystem. He highlights the EF's limited ETH holdings (≈0.16% of supply) compared to other blockchain foundations and states it will no longer sell significant amounts of ETH. Its future focus will be on long-term, critical projects that align with Ethereum's core values of censorship-resistance and decentralization, which might not otherwise happen. A core argument is that Ethereum must be "amazing," but not by merely chasing higher transaction speeds at the cost of decentralization. He proposes focusing on the "CROPS" dimensions: creating a Cryptographically provable, Reliable, Open, Private, and Secure network. This includes pursuing goals like a formally verifiable, bug-free Ethereum client and minimizing protocol-level reliance on intermediaries. The article concludes by noting that while Vitalik clarifies the EF's refocused role, he does not directly address community suggestions for creating a new organization explicitly aligned with ETH's economic interests. This "alignment gap" is presented as a key challenge for Ethereum's future.

链捕手5 saat önce

Vitalik's Article Emphasizes Ethereum Must Be 'Amazing', But Foundation Is Not the Center

链捕手5 saat önce

Galxe: How a Quest Platform Evolved into Web3's Growth Infrastructure

Galxe, once perceived as a simple Web3 quest platform, has evolved into a core growth infrastructure within the Web3 ecosystem. It addresses a fundamental Web3 growth dilemma: the lack of a mature, systematic user acquisition and retention system akin to Web2's advertising and analytics platforms. While users complete quests (social tasks, on-chain interactions) for rewards, Galxe's true innovation lies in transforming these fragmented, one-off actions into lasting, verifiable identity credentials. This process of *behavioral assetization* creates a persistent record of a user's activities across projects and chains. For users, their wallet accumulates a valuable history that can unlock future access and rewards, fostering a "profile-building" mentality. For projects, Galxe provides a pre-screened user pool with rich behavioral data, enabling targeted outreach to users based on their specific on-chain history and community engagement. Galxe employs a gamefied growth path, guiding users from low-friction social tasks into deeper, valuable on-chain interactions through a structured progression of quests. This solves the incentive-behavior mismatch common in Web3, filtering users by their willingness to engage. Beyond quests, products like Passport (identity verification) and Starboard (community analytics) position Galxe as a comprehensive growth operating system. The platform's defensible advantage is its self-reinforcing data and network flywheel: more projects attract more users, enriching behavioral data; richer data enables better user targeting, attracting more projects. Ultimately, Galxe is shifting Web3's growth logic from short-term "reward-driven" traffic towards a long-term "identity-driven" relationship model, where a user's accumulated on-chain履历 becomes a core asset.

marsbit5 saat önce

Galxe: How a Quest Platform Evolved into Web3's Growth Infrastructure

marsbit5 saat önce

İşlemler

Spot
Futures

Popüler Makaleler

ICP Nasıl Satın Alınır

HTX.com’a hoş geldiniz! Internet Computer (ICP) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında Internet Computer (ICP) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: Internet Computer (ICP) Varlıklarınızı SaklayınInternet Computer (ICP) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: Internet Computer (ICP) Varlıklarınızla İşlem YapınHTX'in spot piyasasında Internet Computer (ICP) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

258 Toplam GörüntülenmeYayınlanma 2024.12.12Güncellenme 2025.03.21

ICP Nasıl Satın Alınır

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların ICP (ICP) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.

活动图片