TAO Price Rally Isn't Over Yet: Analyst Says Bittensor Under $700 'Is Still a Gift'

Market definitely has the momentum right now since Bitcoin is smashing through new all-time highs. However, altcoins are not doing that well. One of the altcoins worth mentioning though is TAO

The price of TAO, the native token of the Bittensor network, shot up 11% on Thursday, rising above the $470 mark.

The move signaled strength in altcoins, even though most of the altcoin market wasn’t performing well.

TAO Has Potential to Explode Higher- Crypto Winkle

One crypto analyst, who uses the handle Crypto Winkle on X (formerly Twitter), shared a strongly bullish take on TAO.

“Bittensor under $700 is still a gift. Recent AI breakout at Google I/O 2025 was just the beginning of what’s to come. Imagine Web3 integrating AI technologies more deeply. That’s where Bittensor comes in, at the center of this shift.”

He added that TAO had already doubled from its bottom and that holding above $500 could confirm the start of the next major rally.

“Calm before the next breakout. Massive chart setup on TAO. Still a great entry point on lower timeframes. Above $500 seals the deal for the next rally. We're in the 5th wave of a bull market, which means plenty of room to run. Don't miss out on this incredible opportunity!”

The momentum behind TAO is not just technical; it’s also fueled by a powerful narrative around decentralized AI. With OpenTensor driving innovation in that space, TAO is being positioned as a gateway to the future of AI-powered Web3 infrastructure.

From a technical point of view, the price structure looks solid. TAO bounced multiple times from a key support zone around $295 and never closed below the $160 floor. Since the breakout, it has been moving upward with clear bullish energy. The chart even shows a projected zig-zag path, which indicates that brief consolidations may occur along the way, but the broader trend is still upward.

Traders are watching the $500 mark closely now. If bulls manage to flip it, it could trigger the next wave of momentum, possibly sending TAO toward its previous highs above $750.

So even though most altcoins are lagging, TAO is quietly building strength. With AI hype growing again and decentralized infrastructure gaining traction, TAO’s unique position in the market could turn heads quickly—especially if it breaks past $500 and doesn’t look back.

Read also: Is Kaspa (KAS) on the Edge of New All-Time High? This Update Could Be the Spark

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