Explore top altcoin investments: Qubetics presale raises $5.3M, Ethereum nears $5,000 breakout, Bittensor TAO surges over 20%.
Bittensor (TAO) has surged in 2024, raising questions about reaching $700 by October. Key indicators like Chaikin Money Flow and RSI suggest volatility. While TAO's short-term trend remains bullish, negative CMF and RSI shifts hint at potential pullbacks. Price targets range from $472 to $700, depending on momentum sustainability.
AI crypto tokens have fallen to $20 billion in market value following subpoenas issued to Nvidia by the US DOJ as part of an antitrust investigation. Key tokens like TAO saw significant declines but may still have potential for a rebound.