#astermainnet What is behind the strong push of Bittensor (
$TAO )?
#TAO. On today, Monday, March 16, we see significant movements in the cryptocurrency market, and one of the largest is that of TAO, the token of the Bittensor protocol.
At the time of writing, the price of TAO is trading at $292, with daily gains of 7.46%, weekly gains of 47%, and monthly gains of 52%. To give us an idea of the recent movement, the price of TAO rose from $174 on Sunday, March 8, to current levels.
👉 Why is the price of TAO rising?.
The surge was mainly due to Subnetwork 3 (Templar), after a post about Covenant-72B went viral on social media, presented as the largest decentralized pre-training test of an LLM.
Templar is the Subnetwork 3 of Bittensor, a decentralized training system for AI models. Instead of training a model in a single centralized cluster, it coordinates multiple nodes across the Internet to provide computing power, train parts of the model, and send their updates.