Just checked the AI sector and it's been on quite a run lately. The whole crypto market cap in this space has grown significantly, sitting around $14.4B now compared to where it was a couple months back. TAO's been the main story though - that mid-February pump was wild, nearly 50% in just five days. But here's the thing, the momentum didn't really stick around. Looking at the data, open interest did tick up 6% in the last day and we saw a push towards $200, but the spot volume tells a different story. Funding rates have been mostly negative, which usually signals weak conviction in the rally. What's interesting is TAO's been ping-ponging between $165 and $200 for a while now. The latest price action shows it's moved well past that range though - currently trading around $246, which is a solid recovery from those lows. Still, I'm watching to see if this holds or if we get another pullback. The crypto market cap in the AI sector keeps growing, but individual coins like TAO seem to be in this consolidation phase where every pump gets tested pretty quickly. Might be worth monitoring the funding rates and volume patterns before taking any strong positions here.

TAO1.14%
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