After several months of trading around $0.13, the TARS AI (TAI) cryptocurrency has broken from its consolidation phase, reaching a new all-time high of $0.3175 on November 25 before slightly dropping by 4.68% to its current price. Given this upward trend, analysts forecast that the TAI price could reach at least $0.5 soon.
At press time, TAI is trading for $0.3014, showing a 16.01% increase over the past 24 hours. The trading volume has also risen by 19.07%, exceeding $39 million at the time of writing.
TARS AI on Binance futures
There are several optimistic developments surrounding this AI cryptocurrency, particularly the potential listing on Binance Futures. Last week, Tars AI received approval for a Binance Futures nomination, placing it among the top 10 nominees.
According to a recent post on X from the TAI token team, TAI has achieved a #8 ranking in Binance Futures nominations. If this AI coin gets listed, we could see a price increase to $0.5 or higher by the end of 2024.
$TAI is on the rise, now ranked #8 in Binance Futures nominations.
— TARS AI 🤖 (@tarsprotocol) November 25, 2024
This highlights the growing recognition of TARS AI as a leader in Solana’s AI ecosystem, driving momentum across larger markets.
Ready to push $TAI higher?
> Go to https://t.co/OFC4wbOJE7
> Vote with as little… https://t.co/UjBSa0ts8X pic.twitter.com/AcQVJPKuNb
In addition, the community supporting the TARS AI project is expanding, with recent announcements indicating a rise in coin adoption. In a November 22 post, the TAI crypto team revealed that there are over 30,000 $TAI holders now.
Read more: TARS AI is Soaring, up 20% Today: Reasons for TAI Surge and Outlook
Generally, the price of a coin typically increases as more people begin buying and holding it, suggesting that the price of the TAI coin may continue to rise as more traders and buyers accumulate more coins.
TAI price prediction: what experts are saying
The rise in the TAI price has caught the interest of many analysts, many of whom predict more increases for the AI cryptocurrency, particularly in this bullish market cycle.
AMCrypto, a Bitcoin investor and technical analyst, shared a chart with his 12,000 followers, suggesting that if the TAI price closes above the then supply zone, it could quickly reach $0.5.
$TAI is going bonkers 🚀
— AMCrypto (@AMCryptoAlex) November 25, 2024
A daily close above this supply zone and it'll hit $0.5 in no time
Keep an eye on it 👀 pic.twitter.com/jD848Mw4pq
Another analyst, NekoZ, who has more than 222,000 followers on X, also expressed his optimistic outlook, stating that utility is returning to the cryptocurrency market, with TARS AI leading this trend.
“It’s the only AI project invested in by the Solana foundation, is on Bybit for both perps and spot, and is currently up for Binance Future votes,” NekoZ maintained.
Alongside bullish retail investors, the popular on-chain platform Spot On Chain reported that Wintermute, a major global algorithmic trading firm, is still active in TAI market making and currently holds 17.8 million TAI tokens.
$TAI token has surged 35% today and 120% since the quoted signal.
— Spot On Chain (@spotonchain) November 25, 2024
On-chain data shows that Wintermute remains active in $TAI market making and still holds 17.8M $TAI.
We believe AI trending will be a key narrative in this bull run, potentially driving significant growth in… https://t.co/1jb8fq2ITo pic.twitter.com/EuAD4ocuTs
The Spot On Chain team suggests that the trend of AI will be a key theme in this bull market, potentially leading to substantial growth in smaller AI tokens.
For context, various AI cryptocurrencies such as FET, TAO, ICP, and VIRTUAL have recently been performing well and are expected to reach new highs during the bull cycle.
Read more: FET, AGIX, and AKT Lead Market Gainers: Is Now the Time to Invest in AI Coins
