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HYPE Surpasses $40 with Whale Activity, TAO Rises After Nasdaq Backing

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by Giorgi Kostiuk

6 hours ago


Recent price updates on HYPE and TAO highlight the activity of large investors and growing interest in blockchain technologies related to artificial intelligence.

HYPE Surpasses $40 Amid Whale Activity

Hyperliquid (HYPE) reached a new high, surpassing $40, following significant purchases by whales and a growing interest in DeFi. One large wallet purchased $10 million worth, which contributed to an increase in trading volumes and open interest. Blockchain data shows higher fees and locked value, indicating solid usage. Chart analysis shows strong signals, although RSI is near 70, suggesting possible overbought conditions.

TAO Rises After Nasdaq Investment

Bittensor (TAO) quickly gained in value after receiving a $7.5 million investment from Nasdaq-listed Oblong. This drove the price higher, with some analysts predicting it could reach $800. TAO focuses on decentralized machine learning, and this funding round points to increasing confidence in its future.

Web3 AI Offers Noteworthy Growth Potential with $WAI Token

Web3 ai is emerging as a notable project in the AI-related cryptocurrency space, drawing attention from long-term investors. The platform provides real tools for portfolio management, DeFi safety, and contract checks. Currently, the $WAI token is priced at $0.000443 with a listing price of $0.005242, indicating growth potential. So far, $8 million has been raised.

The increasing activity in HYPE and TAO indicates a positive trend in the blockchain and AI sectors. Meanwhile, Web3 ai with the $WAI token has significant growth potential moving forward.

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