PANews reported on January 3 that, according to @ai_9684xtpa, two weeks ago (December 19), an address associated with DWF Labs received a transfer of 150 million tokens from the TAO Cat project team, currently valued at approximately $7.23 million. Of these, 79.3 million TAOCAT tokens have been deposited to multiple exchanges, 50 million have been transferred to a multi-signature address, and another 6.18 million tokens were distributed to two addresses after the announcement, with no transfers or sales occurring yet.
Just now, DWF Labs announced a $20 million investment in TAO Cat through an AI agent fund, which pushed the price of TAOCAT up by 35% temporarily, but it quickly fell back, currently priced at $0.04663.
Earlier today, news broke that DWF Labs invested in TAO Cat, causing TAOCAT to temporarily surge over 31%.