
Layer 1 · rank #40
Bittensor TAO
$262.35-1.2% 1d+13.9% 7d+28.8% 30d
Watch Recovering Phoenix · monthly · score 41.8 mixed
- Monthly: forming bar is a green 2-Up. Last confirmed swing low 183.33 (Jul 2026), month 2 of a cycle that has typically run 4.
- Weekly: forming bar is a red inside bar. Last confirmed swing low 188.40 (Aug 2026), week 3 of a cycle that has typically run 6.5. Cycle-low confidence 65%.
- Daily: bar is a red inside bar. Last confirmed swing low 214.88 (2026-09-02), day 5 of a cycle that has typically run 5. Cycle-low confidence 29%.
- Watch: 51% below the 2025-11-01 high; +83% off the 365-day low.
- Phoenix: 74% decline over 9 months, monthly swing low confirmed (next-bar), now +83% above the trough; pullback #5 confirmed 2026-08-30.
- Gauges: Mayer multiple 1.11 (neutral); -48% from the all-time high.
From the peak to today, log scale
Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- Last bars
- 1g 2Dr 2Dr 2Ug 2Ug
- Confirmed low
- $183.33 · 2026-07-31
- Position
- 2 of median 4.0 (max 5)
- Current low
- $143.10 · confirmed
- Cycle-low odds
- —
- Confirmed lows
- 5
Weekly
- Last bars
- 1r 3g 2Ur 3g 1r
- Confirmed low
- $188.40 · 2026-08-23
- Position
- 3 of median 6.5 (max 11)
- Current low
- $183.33 · confirmed
- Cycle-low odds
- 65% · in band
- Confirmed lows
- 13
Daily
- Last bars
- 2Ug 2Ur 2Ug 2Ug 1r
- Confirmed low
- $214.88 · 2026-09-02 (daily)
- Position
- 5 of median 5 (max 15)
- Current low
- $214.88 · confirmed
- Cycle-low odds
- 29% · in band
- Confirmed lows
- 96
Phoenix
stopped falling, by the rules- Peak
- $540.00 · May 2025
- Trough
- $143.10 · Feb 2026
- Decline
- -73.5% over 9 months
- Above trough
- +83.3%
- Monthly
- confirmed (next-bar) · trigger $215.41
- Weekly
- confirmed (late (2 bars))
- False bottom
- $287.55 · Jun 2025 (2 higher highs, then undercut)
- Entry
- pullback #5 low $188.40 confirmed 2026-08-30 · trigger $250.25
Score 41.8
| decline | 21.8 |
| confirmation | 25 |
| earliness | 0 |
| stale | -15 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health47 / 100 · Thin
| Liquidity (24h volume / market cap) can you get out | 15.69 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 2.19 x | 6.1 / 15 |
| Size (market-cap rank) survivorship | 40 # | 9 / 15 |
| TVL backing (market cap / TVL) capital parked in it (DefiLlama) | 51.56 x | 0.0 / 15 |
| Age on Coinbase survived a cycle | 1.5 yrs | 3.0 / 10 |
| usage | could not look — no source data | |
| momentum | could not look — no source data | |
5 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $2.52B
- Fully diluted
- $5.51B
- 24h volume
- $395.5M
- Circulating
- 9,597,491 of 21,000,000 max
- All-time high
- $757.60 · 2024-03-07 (-65.4%)
- TVL
- $48.9M (chain)
- Fees 30d
- —
- Revenue 30d
- —
- Fees 1y
- —
- Mayer multiple
- 1.106 · neutral
- Pi cycle
- 0.421
- On Coinbase since
- 2025-02-20 (565 bars)
- CoinGecko id
- bittensor