Investors are excitedly awaiting any price moves in the cryptocurrency market following Binance recent news that it will launch the Bittensor (TAO) token.
Source: coingape.com
HISTORICAL POINTS
- An exciting period for the cryptocurrency community has begun with the listing of the Bittensor (TAO) token on Binance, the largest cryptocurrency exchange in the world.
- On April 11, trading for TAO/BTC, TAO/USDT, TAO/FDUSD, and TAO/TRY pairings started with no listing charge, indicating support for TAO's liquidity.
- There are many conjectures on TAO's price path after listing, since historical data suggests that coins have seen notable price changes after being listed on Binance.
The world's most popular cryptocurrency exchange, Binance, has announced that it would list the Bittensor (TAO) token, which is a significant move for the cryptocurrency space. Given that Bittensor was a trailblazing peer-to-peer machine learning protocol, the importance of this action cannot be emphasized. Through decentralization of the whole process, Bittensor accomplishes this achievement by radically changing the AI platform development environment.
Because decentralisation makes it easier to create a peer-to-peer machine intelligence market, it creates new opportunities for innovation and cooperation. Within the cryptocurrency world, the impact of Binance endorsing the TAO token has been felt strongly. The approval of Binance is well known for its ability to dramatically affect the price dynamics of tokens that are listed, and TAO is no different.
Announcement of Binance TNSR Listing: Trading Pairs and Timetable
Important information on trading pairings and timelines is included with Binance statement about the listing of TAO. Binance will start offering trading for a few select spot trading pairs, such as TAO/BTC, TAO/USDT, TAO/FDUSD, and TAO/TRY, on April 11 at 12:00 UTC. With this deployment, traders will have a wide range of possibilities to interact with the TAO token.
Additionally, customers that are interested in trading TAO can start depositing the token ahead of the trading sessions. On the other side, withdrawals are scheduled to start on April 12 at 12:00 UTC. Notably, Binance's choice to waive the TAO listing cost demonstrates its dedication to facilitating the token's listing and enhancing market liquidity.
Market Insights: Conjectures Regarding TAO's Price Movement Listing Following Binance
Investor excitement over TAO's launch on Binance has been intense, as they hope that the token's value will soar shortly. Previous events have shown that tokens that are launched on Binance frequently experience significant price swings following their listing, which has heightened expectations for TAO's potential price movement. TAO's value as of the most recent update is $623.82, which is a little decrease of 2.27% over the previous day.
Nevertheless, the token has seen a notable growth of 4.80% over the last seven days, showing persistent interest and possibly optimistic attitude among investors, even despite this brief decline. With $83,050,851.83 in 24-hour trading volume, TAO is still attracting a significant amount of market activity, which raises hopes for its performance after it was listed on Binance.
