Inspect price defies crypto market slump with 17% surge

Inspect price is surging 17% following its listing on Bitpanda, bucking the broader crypto market downturn. Here’s what you need to know about this token.

Inspect price (INSP) is up 17% in the past 24 hours, bucking today’s broader slump in crypto prices and extending its monthly gain of over 70%.

A major driver behind the rally appears to be the token’s listing on Bitpanda on August 12, which opened access to one of Europe’s leading crypto platforms with over 10 million active users. The Bitpanda listing adds to Inspect’s growing roster of high-profile CEX listings, including Bybit, KuCoin, MEXC, and Gate.

Today’s rally extends the explosive uptrend that began in early July, marked by a 122% single-day surge on July 11. After that sharp move, the price pulled back, consolidated, and kept ripping, reaching nearly the $0.050000 level at its peak. Since the breaking above the $0.009000 resistance—which capped price action during months of low-volatility consolidation—Inspect crypto has surged about 500%.

Since the local peak, the price has pulled back, finding support at the EMA 20, while the RSI has reset to 61—still bullish, indicating potential for further upside in the very short-term.

Inspect price, where will the crypto market take it?

Inspect crypto is a Bittensor (TAO) Layer 2 project. It leverages Bittensor’s infrastructure to provide analytics tools for NFTs and Web3 communities, including cross-chain NFT tracking, Twitter analytics, and AI-powered premium features.

The project previously raised $200,000 on CoinTerminal, a decentralized crypto launchpad that allows early-stage projects to fundraise without requiring token staking or upfront fees from participants. It was spotlighted as one of the success stories of the launchpad for its strong performance.

The ongoing rally in the token coincides with a major announcement from the project. On August 13, Inspect opened Substrike, a permissionless TAO mining pool that turns social engagement into on-chain rewards. The system automatically tracks high-signal conversations on X and rewards users in TAO tokens.