Xin Ge will review the trading strategy of the mainstream AI coin $TAO:
The TAO project team conducted a large amount of fund-raising on the BG exchange from April to August 2023, with a purchase cost of about US$50. At the same time, they sold on the Gate exchange, with a selling price between US$500-700. The project team made more than ten times the profit in this wave of operations.
In recent weeks, the TAO project team has also been raising funds on the Bitget exchange, with a purchase cost between US$200-300, but similar trends are not seen on other exchanges for the time being. It can be speculated that some exchanges are dedicated to fund-raising, while others are used for shipment.
At present, we keep an eye on the subsequent trend of TAO, and I am optimistic about its prospects.