TAO jumps 28% in 24 hours, market cap climbs to $3.05 billion

TAO surged more than 28% over the past 24 hours, according to June 14 market data cited by Huoxing Finance. The token was last trading at $275.40, valuing its market capitalization at $3.05 billion. In related developments, the U.S. Department of Commerce recently imposed export controls on Anthropic's latest model.