Bittensor (TAO) — Next Attempt For A New All-Time High 🚀
TAO is another project that has the potential to play a crucial role in the future Web3 x AI convergence (read my detailed article about it here!). Doing a 3x of the current market cap (3.7m) should be a no-brainer.
Chart-wise, TAO bounced off its important resistance at ~430 and showed signs of a reversal. The next target sits at ~750, where TAO has its all-time high. A move back toward its ATH would result in almost 50% gains. However, the real party starts once the ATH gets broken and TAO's price moves towards $1,000.
Bittensor is a decentralized infrastructure for building and deploying machine learning models on the blockchain and can potentially shape the agentic web and post-web phase.
