$TAO provides an insignificant information about TAO. Just read it for fun. For an introduction to TAO, you can read the previous one.
TAO's company is Bittensor. Why is the token called TAO? In fact, TAO is the English version of the Chinese word "Tao". It is the Tao Te Ching. The founder also engraved the full text of the English version of the Tao Te Ching on the Genesis Block.
I am optimistic about this project in the long run. At least it is a project with ecology and narrative. It belongs to the hot spot such as AI. In addition, it is also endorsed by great scientists.
But it is difficult to do short-term, and it is difficult to do both long and short. Because for its market value, the trading volume and liquidity are not good, and it is easy to be cut.