{"id":39245,"date":"2026-03-27T03:30:32","date_gmt":"2026-03-27T03:30:32","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=39245"},"modified":"2026-03-27T03:30:32","modified_gmt":"2026-03-27T03:30:32","slug":"bittensor-tao-rallies-35-but-social-sentiment-stays-mixed","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=39245","title":{"rendered":"Bittensor (TAO) Rallies 35%, But Social Sentiment Stays Mixed"},"content":{"rendered":"<p>Bittensor has enjoyed a sharp surge of more than 35% over the past week, but data indicate the social media crowd is still not overly bullish toward the altcoin.<\/p>\n<h2>Bittensor Has Broken Out With A Sharp Rally This Month<\/h2>\n<p>While the wider digital assets sector has been stuck in a phase of consolidation recently, Bittensor has been among the few tokens that have stood out. Since March 8th, the altcoin has jumped by 94%, nearly doubling in value.<\/p>\n<p>The chart below shows how TAO\u2019s recent trajectory has looked:<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/Ny5MgC2h\/\" alt=\"Bittensor Price Chart\" width=\"1486\" height=\"957\" \/><\/p>\n<p>As is visible in the graph, Bittensor saw a peak above $370 on Wednesday, but the asset has since retraced back to the $340 level. Nonetheless, it remains over 35% in the green for the week even after this pullback.<\/p>\n<p>TAO\u2019s breakaway from the rest is likely to be a result of its AI-focused narrative. In a nutshell, the blockchain operates as a decentralized marketplace where machine-learning models compete to produce useful outputs, with rewards in the token being handed out based on their performance.<\/p>\n<p>Bittensor\u2019s rapid surge in recent weeks has meant that its standing in the sector has considerably improved, with its<a href=\"https:\/\/www.newsbtc.com\/stablecoin\/stablecoin-market-cap-drops-7-billion-means-bitcoin\/\" target=\"_blank\" rel=\"noopener \"> market cap<\/a> today ranking as the 27th largest, according to data from CoinMarketCap.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-888973 size-large\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/table_64e8e6.png?w=860&amp;resize=860%2C215\" alt=\"Bittensor Market Cap\" width=\"860\" height=\"215\" \/><\/p>\n<p>From the above table, it\u2019s apparent that with a market cap of about $3.65 billion, TAO is now ahead of the likes of Shiba Inu (SHIB) and Toncoin (TON). The gap to Sui (SUI) in 26th place is also quite narrow, so if the bullish winds continue, it\u2019s possible that the coin may flip it in the near future as well.<\/p>\n<p>While Bittensor\u2019s rally has been impressive on paper, the retail crowd doesn\u2019t seem to be buying into the hype, if social media data is anything to go by.<\/p>\n<h2>TAO Is Seeing The Third Worst Social Media Sentiment In Six Months<\/h2>\n<p>As pointed out by analytics firm Santiment in an X <a href=\"https:\/\/x.com\/santimentfeed\/status\/2036924255020212449\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a>, social media discussions related to Bittensor have shot up recently, implying that the rally has caught the eyes of the masses. Despite <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/social-media-sub-60000-bitcoin-prices-fear-rises\/\" target=\"_blank\" rel=\"noopener \">Social Volume<\/a> on major platforms like Reddit, X, and Telegram being at its second-highest level in six months, sentiment has interestingly been quite balanced.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/HESZgygWoAA1yTD?format=jpg&amp;name=4096x4096\" alt=\"Bittensor Sentiment\" width=\"3098\" height=\"1743\" \/><\/p>\n<p>As displayed in the chart, Bittensor\u2019s <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/bitcoin-ethereum-social-xrp-bullishness-5-week-high\/\" target=\"_blank\" rel=\"noopener \">Positive\/Negative Sentiment<\/a> metric is sitting at a value of 1.5, meaning that there are three bullish comments for every two bearish ones on social media platforms. While positive sentiment still dominates, the negative bias is actually the third strongest for the past six months.<\/p>\n<p>Thus, it would appear that FOMO hasn\u2019t yet developed among the retail investors. \u201cThis is generally a good sign that the rally can continue, with little interference from greedy traders that typically signal forming tops,\u201d noted Santiment.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bittensor has enjoyed a sharp surge of more than 35% over the past week, but data indicate the social media crowd is still not overly bullish toward the altcoin. Bittensor Has Broken Out With A Sharp Rally This Month While the wider digital assets sector has been stuck in a phase of consolidation recently, Bittensor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39246,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-39245","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bittensor (TAO) Rallies 35%, But Social Sentiment Stays Mixed - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=39245\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bittensor (TAO) Rallies 35%, But Social Sentiment Stays Mixed - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bittensor has enjoyed a sharp surge of more than 35% over the past week, but data indicate the social media crowd is still not overly bullish toward the altcoin. 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