If you were to invest $1,000 in Bittensor (TAO) today and hold until May 12, 2025, projections indicate a potential return of $3,612.43. This represents an estimated ROI of 361.24% over the next 31 days (excluding fees).
TAO Price Prediction 2025
In 2025, Bittensor is expected to trade within a range of $235.67 to $1,108.53, with an average price of approximately $625.96. This would mark a potential ROI of 372.09% compared to current price levels.
TAO Price Prediction 2026
Forecasts for 2026 suggest TAO could fluctuate between $270.79 and $650.25, averaging around $463.24 throughout the year. February is projected to be the most bullish month, with prices possibly rising 177.20% above current levels.
TAO Price Prediction 2027
Outlook for 2027 remains optimistic. TAO is expected to reach a high of $300.38 in October and a low of $196.80 in January. The average trading price is projected to be $245.70 for the year.
TAO Price Prediction 2028
By 2028, TAO could experience continued growth, with price estimates ranging from $227.00 in January to $458.49 in December. The projected average price is $371.17, reflecting a potential increase of 58.14% from current levels and an ROI of 95.34%.
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Usdc will replace it as it is backed by states , but next 3 to 4 days are crucial
Omi_chemicals
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The world's largest stablecoin, Tether (USDT), is set to be delisted in the EU on December 30th, 2024, as it is not compliant under the new MiCa regulation.
Tether's market cap stands at about $139.7 billion, roughly 13% of all Swiss Franc in existence and larger than the entire valuation of Nike or UPS. In Argentina, 80% of all tech contractors are paid in USDT and for institutional investors USDT has always been the go-to-'currency' to swap digital asset into USD safely and quickly. Also, Tether is dwarfing its direct competitor Circle, whose stablecoin USDC is 4x smaller.
Hence, USDT is very large. So why is it being outlawed?
The Markets in Crypto Assets (MiCA) regulation, aims to bring greater transparency and consumer protection to the crypto market. MiCA requires all crypto-asset issuers, including stablecoin providers like Tether, to secure appropriate licenses to operate within the EU.
Tether is considered to be an Electronic Money Tokens (EMTs) and as such in future can only be publicly offered on EU platforms if the issuer is authorized as a credit institution or electronic money institution - and has submitted a crypto-asset whitepaper to the competent authority.
As of today, Tether has chosen to do neither.
This could potentially lead to severely reduced liquidity and increased volatility.
In contrast, Circle's USD Coin (USDC) has already achieved MiCA compliance, by applying for a E-Money License in Paris.
I personally believe that MiCA is good for the EU and a prerequisite for developing web 3 solutions for institutional investors that rely on clear rules. However, USDT becoming outlawed was certainly an unintended consequence.
What's your opinion? Why did Tether chose not to comply with EU regulations and what does this mean for the EU? And could this even support the emergence of Euro stablecoins?