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Bittensor all-time high and real returns TAO

A decentralised machine-learning network where models compete and collaborate, earning TAO for useful output.

Latest price
$279.17 +3.40% in 24 hours
Updated · CoinGecko

Bittensor all-time highs and real returns

In dollars and pounds, before and after inflation, since Apr 2024.

Show returns in

−30.1%Bittensor after US inflation since Apr 2024−13.4% a year

Down 25.3% in dollars since Apr 2024. After US inflation, down 30.1%. Against money printing, down 33.0%.

In pounds, down 29.4%, or down 34.4% after UK inflation.

$ nominal
−25.3%−11.0% a year
£ nominal
−29.4%−13.0% a year
Real $ (US CPI)
−30.1%−13.4% a year
Real £ (UK CPI)
−34.4%−15.5% a year
vs US M2
−33.0%−14.8% a year
Measured from
Apr 2024to Oct 2026, 2 years 6 months
  • Bittensor, Real $ (US CPI)$290.10
  • $ nominal$290.10
  • Oct 2026, latest
Highest month-end close in today's dollars (US CPI): $719.70 in Nov 2024. The latest close is 59.7% below it. The dashed line is the same asset in dollars before adjustment.
Bittensor returns in every lens, to Oct 2026 (latest close). Each cell is the total change, with the yearly rate under it for windows of a year or more.
Period $ nominal£ nominalReal $ (US CPI)Real £ (UK CPI)vs US M2
Past year from Oct 2025 −39.7% −40.1% –a (see note a) −41.7% −42.5%
Since Apr 2024 first month in our data −25.3% −11.0% a year −29.4% −13.0% a year −30.1% −13.4% a year −34.4% −15.5% a year −33.0% −14.8% a year
  • a US CPI was not published for Oct 2025.

On month-end closes, Bittensor's highest price was $677.80 in Nov 2024, which is $719.67 in Oct 2026 dollars after US inflation. The latest close of $290.10 is 59.7% below the real high. The intraday record, $757.60 on 7 March 2024, is higher than any month-end close.

Cycle peaks, falls and recoveries

Month-end highs followed by a fall of 50% or more, and the high that stands today, in Oct 2026 money.

Bittensor cycle peaks in dollars and pounds, then and in today's money, with the fall that followed and the time to recover in nominal and real terms
Peak $ then Today's $ (US CPI) £ then Today's £ (UK CPI) vs M2 today Fall after Back above, $ Back above, real $
Nov 2024 All-time high $677.80 $719.67 £533.74 £567.32 $737.45 −73.0% low Feb 2026 Not yet Not yet

Return since our first month and since each cycle low

From the month-end close in the first column to Oct 2026.

Bittensor returns from launch and from each cycle low, in dollars, after US and UK inflation, and against M2
From $ then $ nominal Real $ (US CPI) Real £ (UK CPI) vs US M2
Apr 2024 First month in our data $388.60 −25.3% −11.0% a year −30.1% −13.4% a year −34.4% −15.5% a year −33.0% −14.8% a year
Feb 2026 Lowest since the high $183.10 +58.4% +54.6% +57.2% +53.4%

Every month TAO closed at a new high

4 month-end closes above every earlier one
Every month-end close of Bittensor that was above all earlier closes, in dollars then and in today's dollars
Month Close, $ Today's $ (US CPI)
Nov 2024 $677.80 $719.67
Sep 2024 $578.10 $614.18
May 2024 $389.10 $415.01
Apr 2024 $388.60 $415.16

How these figures are worked out

Sources, inflation measures and what is left out
  • Month-end closes from Binance, Apr 2024 to Oct 2026. Oct 2026 is still in progress, so its figure is the latest close rather than a month-end. Our history for Bittensor starts in Apr 2024, so longer windows are left out.
  • Real figures divide by US CPI (BLS, via FRED) or UK CPI (ONS, joined to the ONS long-run RPI before Jan 1988) and are stated in Oct 2026 money. The M2 lens divides by the US M2 money supply (Federal Reserve, via FRED). Pounds convert at each month's GBP/USD rate.
  • US CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
  • UK CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
  • US M2 is published with a lag: Oct 2026 uses the Aug 2026 figure.
  • A return of 12 months or more also shows its yearly rate. Gaps in a source are left as gaps and never filled in.

Key numbers

  • Market cap $3.2bn Rank 35
  • 24-hour volume $192.0m
  • 7 days -9.0%
  • 30 days +20.0%
  • Circulating supply 11.3m Of a maximum 21.0m
  • Risk level Medium
  • Listed on 2 of 5 Coinbase, Kraken
Crypto Bargains

Cycle position

Updated · CoinGecko
35/100
Fair value, strength 2 of 5

Price 63% below ATH · greed high · longs crowded

Bittensor is 63% below its all-time high while the market is greedy. The Bargain Score puts it interesting, but not yet at deep-discount levels.

Why this zone

  • Bargain Score45/100
  • Fear & Greed62
  • RSI (14-day)41.8 Neutral
  • ATH Drawdown63%
  • Resilience (ORS)Moderate
  • Risk LevelMedium

Bargain Score 45/100

How cheap?HVD30%65
Market fearSES20%29
PositioningPIS20%20
Structural healthORS15%54
Supply safetyTQS15%54

Between ATL and ATH

ATL $30.83−63.2% from ATH · +806% above ATLATH $757.60
ATH
$757.60 · 7 Mar 2024
ATL
$30.83 · 14 May 2023
Risk level
Medium
ATH chance
62% · Medium

Past drawdowns and recoveries

No recovery pattern at this level

Past drawdowns and recoveries for Bittensor
PeakLowFallRecovered in
11 Apr 20247 Jul 2024−65.3%91 days
12 Oct 20244 Nov 2024−36.1%26 days
8 Dec 202411 Feb 2026−79.5%Not yet

Compare all 54 coins in the screener How the scores work

Why it sits in this zone

On a Bargain Score of 45, Bittensor falls between the buy-side and sell-side rules and is labelled Fair value. It is 63% below its all-time high of $757.60 from March 2024. Getting back there would take a 2.7-fold rise from today's price.

What drives the score

Once the weights are applied, price distress (0.65 out of 1) adds the most to its score and derivatives positioning (0.20) the least. Only 54% of its supply is circulating, so future releases weigh on the token supply score. It has come through one full market cycle by the model's definition, and its chance of a new all-time high is rated Medium. It is part of the AI and DePIN group, which has tended to trade on news from mainstream AI as much as on its own usage.

Where the cycle targets come from

A smaller repeat of Bittensor's past range would not get it back to its old high, so the model anchors the cycle targets to that high instead, at $795.48, $871.24 and $984.88, and even the low scenario would need a 185% move from today's price.

FAQ

Bittensor: questions people ask

What was Bittensor's all-time high in today's money?

Bittensor's highest recorded price was $757.60 on 7 March 2024, from CoinGecko's record of intraday trades. Restated with US CPI to Oct 2026, that is $812.54 in today's dollars. In pounds it was £599.51 at the time, or £647.29 after UK inflation.

On month-end closes, which is what our tables use, the peak was $677.80 in Nov 2024, worth $719.67 today. The latest price is 59.7% below the real high.

Has Bittensor beaten inflation since Apr 2024?

Our monthly history for Bittensor starts in April 2024. Since then it is down 25.3% in dollars and down 30.1% after US inflation, so it has not kept up with inflation over that stretch. Measured in pounds after UK CPI the figure is down 34.4%. Against the US M2 money supply it is down 33.0%.

How long did Bittensor take to recover from past crashes?

After the Nov 2024 peak of $677.80 it fell 73.0% by Feb 2026, and has not closed above that high since. In real terms it has not recovered.

These use month-end closes, so intraday highs and lows were more extreme.

How far is Bittensor below its all-time high?

Bittensor is 63.1% below its all-time high of $757.60, which it set on 7 March 2024, and its all-time low is $30.83, from May 2023. Getting back to the high from today's price of $279.17 would take a rise of about 171%. These figures come from CoinGecko and refresh every five minutes.

What is Bittensor's Bargain Score?

The Bargain Score is 45.3 out of 100 (Watch). It combines the discount from the previous high, market sentiment, momentum and the coin's track record across past cycles. On our zone scale that places Bittensor in the Fair value zone: Price 63% below ATH · greed high · longs crowded. This describes current conditions; it is not a recommendation.

What do the Bittensor cycle scenarios assume?

Low cycle target $795.48 (Previous ATH + 5% (the model’s cycle multiple lands below the previous high).). Base cycle target $871.24 (Previous ATH + 15%: a return to the previous high (the model’s cycle multiple lands below it).). High cycle target $984.88 (Previous ATH + 30% (the model’s cycle multiple lands below the previous high).). Each is the price the coin would reach if a smaller version of its past cycle repeated, not a loss case. They come from a model of past cycles and can be badly wrong.

How fearful is the crypto market right now?

The Crypto Fear & Greed Index reads 62 (Greed). Low readings mean fear, high readings mean greed. The Bargain Score uses it as one input, because past cycle lows tended to arrive during extreme fear.

What zone is Bittensor in today?

Today Bittensor is labelled Fair value. Its Bargain Score is 45, and the conditions around it are mixed rather than pointing one way. Rather than a recommendation, the label is a reading of where Bittensor's price and the wider market sit against the model's rules at this moment, and because the Fear & Greed value and the daily RSI both update at midnight UTC, just after midnight is when it is most likely to change. The 2-dot meter beside it shows where that zone sits on the five-step scale, from one dot for Expensive to five for Deep discount.

How long have Bittensor's past recoveries taken?

Bittensor has had two earlier falls of 50% or more in our price history: after its $623.40 peak in April 2024 it fell 65% and took 6 months to close above that level again, in October 2024; after its $712.90 peak in December 2024 it fell 80% and has not closed above that level since. Those are the only data points we have for this coin, which is too few to say anything reliable about the next recovery, since market conditions, supply and competition are different each cycle and some coins never regain a previous high.

What are the cycle targets for Bittensor?

The model starts from Bittensor's full range, its all-time high of $757.60 divided by its all-time low of $30.83, which is roughly 24.6-fold. It shrinks that multiple with a decay factor, on the assumption that each cycle is smaller than the last, and applies it from the low. For Bittensor that reduced repeat would not reach the old high, so the targets are anchored just above it instead, at $795.48, $871.24 and $984.88, which puts the low scenario 185% above today's price. They describe what a reduced repeat of the past would look like and say nothing about whether that will happen. Cryptoassets are high risk, and you should be prepared to lose all the money you put into them.

Why does Bittensor have a Bargain Score of 45 but sit in Fair value?

Because the score and the zone measure different things. The score blends price distress, sentiment, positioning, resilience and supply into one number, while the zone checks whether specific conditions line up, such as Fear & Greed crossing a threshold or the RSI reaching oversold or overbought levels. With Fear & Greed at 62 (Greed) and Bittensor's RSI at 42, not enough of the buy-side conditions are met to move Bittensor further up the scale.

Important information

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Cryptoassets are largely unregulated in the UK, so you are unlikely to have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme if something goes wrong. Educational information only, not financial advice. Read our disclaimer.

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