3 Bittensor Ecosystem Tokens that Grab Analyst Attention in Early May 2025

Updated

April 29, 2025

Gambar 3 Bittensor Ecosystem Tokens that Grab Analyst Attention in Early May 2025

Jakarta, Pintu News – The crypto market continues to evolve with never-ending innovation. Within the Bittensor ecosystem, several tokens show significant potential for growth. This article will review three tokens from the Bittensor ecosystem worth watching in the first week of May, based on recent analysis and market trends.

1. Chutes: Serverless AI Platform

Chutes, developed by Rayon Labs, is a serverless AI computing platform that enables deployment, operation and scalability of artificial intelligence models in seconds. The platform can be accessed directly or through a simple API, providing a fast and flexible AI infrastructure without the need to manage traditional servers.

Although Chutes is the Bittensor Subnet token with the largest market capitalization, the value of this token has dropped by almost 18% in the last seven days. After experiencing a 67% increase between April 7 and April 12, the value of this token is down about 30% from its peak. The Relative Strength Index (RSI) is currently 23.78, indicating a very oversold condition.

This could be an indication that Chutes is approaching a potential reversal zone. If recovery momentum can be achieved, its position as the largest Subnet on Bittensor could amplify the upside through network effects, potentially pushing the price back to the $0.40 range.

Also Read: Will Cardano (ADA) Surge? Check out the Latest Analysis!

2. Proprietary Trading Network: Democratization of Trading Strategies

Proprietary Trading Network, or Taoshi, is a decentralized finance platform that operates within the Bittensor ecosystem. The platform develops a dynamic subnetwork where decentralized AI and machine learning models analyze data from various asset classes.

The mission of Proprietary Trading Network is to democratize access to advanced trading strategies, combining AI, blockchain, and finance to provide advanced data that helps users make more informed financial decisions. The market capitalization of the Proprietary Trading Network is approaching $50 million, with trading volume jumping nearly 160% in the last 24 hours to reach $3 million.

With DeFAI emerging as one of the hottest narratives for 2025, Proprietary Trading Network is in a good position to capitalize on its exposure to trending sectors such as AI, Bittensor subnets, and commerce. If the current momentum continues to strengthen, the token could soon rise to retest the $0.20 and $0.25 resistance levels.

3. Targon: Efficient Cloud AI Platform

Targon, developed by Manifold Labs, is a Bittensor Subnet token that builds an AI cloud platform that allows users to run inference on AI models at high speed and low cost. Through its Playground and API, Targon offers many models optimized for solving and conversational tasks.

The platform emphasizes fast performance, high scalability, and cost efficiency, allowing developers and enterprises to easily deploy and scale AI models while minimizing infrastructure complexity. Targon’s market capitalization is currently around $47 million, with daily trading volume reaching $1.33 million.

Targon’s price has dropped more than 9% in the last 24 hours. Its RSI is 19.23, signaling a very oversold condition that often precedes a rebound. Targon could gain up to 48% if new momentum forms and retests the price levels from 15 days ago.

Conclusion: Investment Opportunities in the Bittensor Ecosystem

With market dynamics constantly changing, the tokens in the Bittensor ecosystem offer exciting opportunities for investors seeking growth. Chutes, Proprietary Trading Network, and Targon each have unique features that can capitalize on current market trends. Investors are advised to monitor these developments and consider their potential in long-term investment strategies.

Also Read: Trump’s Dinner Party Triggers Big Waves in Crypto Market!

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.