"TAO Soars 17% on Coinbase Listing, Sparking AI Token Revival"
1min read Bittensor (TAO), a prominent AI token, has witnessed a remarkable 17% price surge following its listing on Coinbase, exemplifying the influential "Coinbase Effect" on the crypto market. This surge comes amidst ongoing volatility in the broader AI market, yet TAO's performance demonstrates resilience and potential post-listing.
The listing of Bittensor (TAO) on Coinbase has sparked significant investor interest and trading volume, reflecting the exchange's substantial sway over market trends. Historically, when a new token is listed on Coinbase, it characteristically experiences a surge in investor interest and trading volume, a phenomenon known as the "Coinbase Effect." This trend has continued into 2025, demonstrating its persistent relevance.
Following the announcement of Bittensor's listing, the token experienced an impressive jump of over 17%. This immediate reaction underscores the potent influence Coinbase retains over the cryptocurrency landscape. According to Coinbase's social media channels, trading of Bittensor (TAO) on the Bittensor network began on or after 9 AM PT on February 20, 2025, if liquidity conditions were met. Once a sufficient supply of this asset was established, trading on the TAO-USD trading pair launched in phases, further exciting investors and traders alike.
Bittensor, an integral player in the AI token space, has experienced a turbulent price journey over recent weeks, reflecting broader trends affecting AI-related cryptocurrencies. After a hearty period in late January, the altcoin endured a significant downturn in early February, primarily attributed to significant market liquidations. Despite these struggles, the combination of Coinbase's strategic listing roadmap and the renewed attention towards AI tokens, driven by high-profile figures such as Elon Musk, is fostering a recovery of TAO's token value. Currently, the altcoin stands as one of the most searched entities on crypto tracking platforms, a testament to its rising fame and market interest.
The surge in Bittensor's price is not merely an isolated event; it signals a potential rebound for AI tokens as a whole. Bittensor's scenario, marked by fluctuating prices, mirrors the overall climate in which AI cryptocurrency exists. The market previously suffered setbacks, notably due to events surrounding AI firm DeepSeek, but recent developments suggest a possible revival. With the increasing engagement of notable investors and entities in AI 
