Bittensor's native token, TAO, is currently facing challenges as it struggles to maintain its support levels. After a recent drop below the critical 0.353 mark, the token is now trading at approximately 0.30548, which has raised concerns among investors. According to the results published in the material, the market sentiment around TAO is becoming increasingly cautious.
TAO's Performance Under Scrutiny
Market analysts are closely monitoring TAO's performance, noting that the token must stay above the 0.290 threshold to have a chance for recovery. However, the overall market volatility raises concerns about the near-term outlook for TAO. This leaves investors cautious as they navigate these uncertain conditions.
