TAO (Bittensor) 24H amplitude reaches 27.8%: NVIDIA CEO's praise for Subnet3 model training achievement drives rebound
Bitget Pulse2026/03/20 10:10Volatility Summary
In the past 24 hours, TAO price rebounded from a low of $242.9 to a high of $310.5, currently reported at $286.3, with a fluctuation range of 27.8% and an overall increase of approximately 14.6%. The 24-hour trading volume reached as high as $642 million, showing high liquidity; there was a significant net inflow of spot funds, with retail net inflows around $7 million.
Brief Analysis of Anomalies
- NVIDIA CEO Jensen Huang publicly praised Bittensor Subnet 3 for achieving distributed training of a 400-million-parameter Llama model, calling it a “remarkable technical achievement,” directly triggering a TAO intraday surge of more than 21% to $305.7.
- Network staking value increased by 33% week-on-week, leading major assets (data as of March 19), strengthening holder confidence and supporting a price rebound.
- Both trading volume and futures open interest surged, indicating higher demand for derivatives. The launch of TAO staking ETP on Nordic exchange Safello further boosted institutional exposure.
Market Opinions and Outlook
Market sentiment is highly optimistic, with 80% of the CoinGecko community being bullish; discussions on X focus on NVIDIA’s endorsement and the potential of decentralized AI. Mainstream views predict a short-term challenge of the $300 resistance, with a long-term bullish outlook for Subnet growth and the AI narrative. However, there are reminders to watch for BTC correlation risks and overbought signals.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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