#bittensor
bittensor
2M προβολές
3,130 άτομα συμμετέχουν στη συζήτηση
Δημοφ.
Πιο πρόσφατα
$TAO Crashes 18% - Covenant AI Exits, Founder Dumps $10M
Bittensor's Biggest Subnet Operator just Walked Out, And the Founder Dumped his Entire Bag on the way out.
What happened:
Covenant AI (builders of SN3, SN39, SN81 and the Covenant-72B model) officially exited Bittensor today.
Founder Sam Dare called the governance "decentralization theatre" and accused founder Jacob Steeves of:
→ Suspending Subnet Emissions
→ Stripping Community Moderation Rights
→ Deprecating Subnets Top-Down
→ Running a 1-Person "Governance Committee"
The red flag 🚩
Right After his Exit Letter, Dare Sold All 37,000 TAO (~$10M). Community is Calling it A Rugpull.
Price impact:
🔻 TAO: $351 → $263 (-29% in 48H)
🔻 TAO: $341 → $263 (-27% in 24H)
🔻 Futures OI Tanking Across Major Exchanges
Takeaway: TAO's 90% March Rally was Driven by ONE Subnet. Now that Same Subnet is Pulling it Down. Always Question "Decentralization" Claims, Check Governance, token Distribution, And Who Controls Upgrades.
#bittensor #CryptoPatel
Bittensor's Biggest Subnet Operator just Walked Out, And the Founder Dumped his Entire Bag on the way out.
What happened:
Covenant AI (builders of SN3, SN39, SN81 and the Covenant-72B model) officially exited Bittensor today.
Founder Sam Dare called the governance "decentralization theatre" and accused founder Jacob Steeves of:
→ Suspending Subnet Emissions
→ Stripping Community Moderation Rights
→ Deprecating Subnets Top-Down
→ Running a 1-Person "Governance Committee"
The red flag 🚩
Right After his Exit Letter, Dare Sold All 37,000 TAO (~$10M). Community is Calling it A Rugpull.
Price impact:
🔻 TAO: $351 → $263 (-29% in 48H)
🔻 TAO: $341 → $263 (-27% in 24H)
🔻 Futures OI Tanking Across Major Exchanges
Takeaway: TAO's 90% March Rally was Driven by ONE Subnet. Now that Same Subnet is Pulling it Down. Always Question "Decentralization" Claims, Check Governance, token Distribution, And Who Controls Upgrades.
#bittensor #CryptoPatel
🚨 BREAKING:
Bittensor $TAO dumps hard — down more than 20% in the last 24 hours, wiping out nearly $900M in market cap.
Over $11M in trade positions got liquidated in the process. 🩸
The trigger?
Covenant AI — a major project in the TAO ecosystem — announced its exit, reportedly dumping 37,000 #TAO ($10M).
It gets worse…
They’ve accused the #bittensor founder of running a so-called “decentralized theatre” while allegedly maintaining control over key parts of the protocol.
Chaos, liquidations, and serious allegations — TAO is under pressure.
Bittensor $TAO dumps hard — down more than 20% in the last 24 hours, wiping out nearly $900M in market cap.
Over $11M in trade positions got liquidated in the process. 🩸
The trigger?
Covenant AI — a major project in the TAO ecosystem — announced its exit, reportedly dumping 37,000 #TAO ($10M).
It gets worse…
They’ve accused the #bittensor founder of running a so-called “decentralized theatre” while allegedly maintaining control over key parts of the protocol.
Chaos, liquidations, and serious allegations — TAO is under pressure.
🚨 $TAO Market Update: Sharp Pullback After Decentralization Controversy 📉💰
Bittensor has seen a strong downside move, dropping from the $330 zone toward $267 and potentially lower, following fresh negative sentiment in the market.
A major catalyst came after Covenant AI, a key Bittensor subnet developer, exited the network, stating that the project’s decentralization promise is “a lie.” This statement has significantly impacted investor confidence and triggered a wave of fear across the market, contributing to a 15–20% drop in TAO.
While the long-term fundamentals of Bittensor and its AI-driven ecosystem still attract strong interest, the current narrative has shifted toward uncertainty and credibility concerns around its decentralization model.
Key Market Points:
• Strong rejection from recent highs ($330 → $267 zone)
• Sentiment-driven selloff following developer exit
• Decentralization narrative under pressure
• Increased volatility expected during US/EU trading sessions
• Short-term structure remains weak until reclaim of key resistance levels
Despite the current correction, TAO still holds long-term potential within the AI + blockchain sector. However, in the short term, price action is heavily influenced by sentiment, fear, and reaction-based trading.
2. If support breaks $265
• Next downside expansion:
• $250 (first liquidity sweep)
• $235 (mid support zone)
• $210–$220 (macro fear extension
Outlook:
Until market confidence stabilizes and buyers reclaim lost levels, further downside or choppy consolidation cannot be ruled out.
#tao #bittensor #MarketSentimentToday
Bittensor has seen a strong downside move, dropping from the $330 zone toward $267 and potentially lower, following fresh negative sentiment in the market.
A major catalyst came after Covenant AI, a key Bittensor subnet developer, exited the network, stating that the project’s decentralization promise is “a lie.” This statement has significantly impacted investor confidence and triggered a wave of fear across the market, contributing to a 15–20% drop in TAO.
While the long-term fundamentals of Bittensor and its AI-driven ecosystem still attract strong interest, the current narrative has shifted toward uncertainty and credibility concerns around its decentralization model.
Key Market Points:
• Strong rejection from recent highs ($330 → $267 zone)
• Sentiment-driven selloff following developer exit
• Decentralization narrative under pressure
• Increased volatility expected during US/EU trading sessions
• Short-term structure remains weak until reclaim of key resistance levels
Despite the current correction, TAO still holds long-term potential within the AI + blockchain sector. However, in the short term, price action is heavily influenced by sentiment, fear, and reaction-based trading.
2. If support breaks $265
• Next downside expansion:
• $250 (first liquidity sweep)
• $235 (mid support zone)
• $210–$220 (macro fear extension
Outlook:
Until market confidence stabilizes and buyers reclaim lost levels, further downside or choppy consolidation cannot be ruled out.
#tao #bittensor #MarketSentimentToday
Why did TAO drop over 25% in hours?
A major shock hit Bittensor (TAO) after Covenant AI, a key subnet developer, exited the ecosystem.
• ~$10M worth of TAO was dumped into the market
• Price crashed ~27% in 12 hours
• ~$900M wiped from market cap
• Over $9M in long liquidations
• Related subnets dropped 50%+
But this isn’t just a sell-off 👇
Serious allegations of centralization, governance abuse, and market manipulation have triggered a crisis of confidence.
#TAO #bittensor #crash $TAO
A major shock hit Bittensor (TAO) after Covenant AI, a key subnet developer, exited the ecosystem.
• ~$10M worth of TAO was dumped into the market
• Price crashed ~27% in 12 hours
• ~$900M wiped from market cap
• Over $9M in long liquidations
• Related subnets dropped 50%+
But this isn’t just a sell-off 👇
Serious allegations of centralization, governance abuse, and market manipulation have triggered a crisis of confidence.
#TAO #bittensor #crash $TAO
🔥 $TAO Strong Downtrend, potential oversold consolidation, prefer Counter-trend Scalp/Bounce Play
The primary trend is undeniably bearish. However, multiple short-term factors align for a potential technical rebound or consolidation: extreme oversold RSI, price at Bollinger lower band, potential KDJ bullish crossover, massively high volume on the drop followed by lower volume on the consolidation, and a notable 1H contract capital inflow. This is a high-risk, mean-reversion play against the dominant trend.
Entry long $TAO : current zone 265-268 or retest support at 251 USDT.
Stop Loss: below recent swing low 248 is logical.
Target Price $TAO : resistance zone 272-285
Support me just Trade here👇
#tao #taousdt #bittensor
The primary trend is undeniably bearish. However, multiple short-term factors align for a potential technical rebound or consolidation: extreme oversold RSI, price at Bollinger lower band, potential KDJ bullish crossover, massively high volume on the drop followed by lower volume on the consolidation, and a notable 1H contract capital inflow. This is a high-risk, mean-reversion play against the dominant trend.
Entry long $TAO : current zone 265-268 or retest support at 251 USDT.
Stop Loss: below recent swing low 248 is logical.
Target Price $TAO : resistance zone 272-285
Support me just Trade here👇
#tao #taousdt #bittensor
$TAO Market Update: Sharp Liquidity Event
Bittensor (TAO) has dropped nearly 20% following the Covenant AI exit, triggering a cascade of long liquidations exceeding $9M. The market is now reacting at a key technical zone.
Key Levels to Watch:
• $250 — immediate support and critical holding area for bulls
• $300–$320 — recovery zone needed to regain bullish structure
• Below $250 — increased downside risk toward $220
Trading activity has surged, reflecting heightened volatility and ongoing price discovery.
Avoid emotional trading decisions. Wait for clear stabilization before positioning for the next move
#tao #bittensor #freedomofmoney #MarketSentimentToday
Bittensor (TAO) has dropped nearly 20% following the Covenant AI exit, triggering a cascade of long liquidations exceeding $9M. The market is now reacting at a key technical zone.
Key Levels to Watch:
• $250 — immediate support and critical holding area for bulls
• $300–$320 — recovery zone needed to regain bullish structure
• Below $250 — increased downside risk toward $220
Trading activity has surged, reflecting heightened volatility and ongoing price discovery.
Avoid emotional trading decisions. Wait for clear stabilization before positioning for the next move
#tao #bittensor #freedomofmoney #MarketSentimentToday
🚨 NOW: Major Bittensor subnet developer Covenant AI has exited the network, calling its decentralization promise "a lie".
The departure sent $TAO down 15%.
#tao #bittensor
The departure sent $TAO down 15%.
#tao #bittensor
$TAO Takes a Major Hit — What Just Happened?
Bittensor crashed 27% in just 12 hours, erasing nearly $900M in market cap. Around $9M in long positions got liquidated as sentiment turned sharply negative.
The sell-off was triggered by Covenant AI — one of the ecosystem's key projects — announcing its exit and dumping 37,000 $TAO tokens worth over $10M on the market.
But the real damage came from the accusations. The departing team publicly claimed the founder was running a "decentralized theatre" — maintaining hidden control behind the scenes while presenting an image of decentralization.
When insiders exit loudly and point fingers at the core team, it's no longer just a price event. It becomes a trust crisis.
The question now: Is this a panic-driven flush that smart money buys, or the beginning of a deeper narrative collapse for $TAO
Decentralization only holds value when people believe in it.
#bittensor #TAO #CryptoNew #AITokens #BinanceSquare
Bittensor crashed 27% in just 12 hours, erasing nearly $900M in market cap. Around $9M in long positions got liquidated as sentiment turned sharply negative.
The sell-off was triggered by Covenant AI — one of the ecosystem's key projects — announcing its exit and dumping 37,000 $TAO tokens worth over $10M on the market.
But the real damage came from the accusations. The departing team publicly claimed the founder was running a "decentralized theatre" — maintaining hidden control behind the scenes while presenting an image of decentralization.
When insiders exit loudly and point fingers at the core team, it's no longer just a price event. It becomes a trust crisis.
The question now: Is this a panic-driven flush that smart money buys, or the beginning of a deeper narrative collapse for $TAO
Decentralization only holds value when people believe in it.
#bittensor #TAO #CryptoNew #AITokens #BinanceSquare
🔥 $TAO Oscillating with Bearish
Capital Flow : Crucial Signal. The contract capital flow shows consistent net inflows across all major timeframes (1H: +4.64M, 4H: +6M, 24H: +8.3M, 7D: +37M). This is a strong bullish divergence against the price decline, suggesting "smart money" may be accumulating or opening long positions at these lower levels. Conversely, the spot market shows consistent net outflows (24H: -5.2M, 7D: -4.4M), indicating retail selling or distribution. This divergence often precedes a reversal or strong counter-trend move.
Preparing for Long Setup. The dominant 24h trend is bearish, and short-term technicals (MACD, MA20) support this. However, the massive and sustained inflow into contracts against the price drop is a powerful counter-indicator. This suggests the sell-off may be nearing exhaustion, and a significant bounce or reversal is being positioned for by larger players.
Entry long $TAO : 325.8-327.0
• Conservative Entry: Wait for pullback to strong support at 315.5-319.5
Stop-Loss: below 314 (just below support and the Bollinger Band).
Target Price $TAO : 328-332. Break above this could target the MA20/BOLL middle band area around 336-337 USDT
Support me just Trade here👇
#tao #taousdt #bittensor
Capital Flow : Crucial Signal. The contract capital flow shows consistent net inflows across all major timeframes (1H: +4.64M, 4H: +6M, 24H: +8.3M, 7D: +37M). This is a strong bullish divergence against the price decline, suggesting "smart money" may be accumulating or opening long positions at these lower levels. Conversely, the spot market shows consistent net outflows (24H: -5.2M, 7D: -4.4M), indicating retail selling or distribution. This divergence often precedes a reversal or strong counter-trend move.
Preparing for Long Setup. The dominant 24h trend is bearish, and short-term technicals (MACD, MA20) support this. However, the massive and sustained inflow into contracts against the price drop is a powerful counter-indicator. This suggests the sell-off may be nearing exhaustion, and a significant bounce or reversal is being positioned for by larger players.
Entry long $TAO : 325.8-327.0
• Conservative Entry: Wait for pullback to strong support at 315.5-319.5
Stop-Loss: below 314 (just below support and the Bollinger Band).
Target Price $TAO : 328-332. Break above this could target the MA20/BOLL middle band area around 336-337 USDT
Support me just Trade here👇
#tao #taousdt #bittensor
TAO Under Pressure: Key Support Broken
$TAO has plunged sharply after Covenant AI announced its exit from the Bittensor ecosystem. With price now trading below the crucial $300 support, short term sentiment looks weak and volatility may stay high. Traders should watch the next support zone closely.
#bittensor #TAO #CryptoNews #altcoins #CryptoMarket
$TAO has plunged sharply after Covenant AI announced its exit from the Bittensor ecosystem. With price now trading below the crucial $300 support, short term sentiment looks weak and volatility may stay high. Traders should watch the next support zone closely.
#bittensor #TAO #CryptoNews #altcoins #CryptoMarket
The "Buy the Dip" Bull (Aggressive)
🚨 $TAO at a Major Discount! 🚨
We’re testing the 100-day EMA support ($258) right now after some FUD regarding Covenant AI. The chart shows a massive correction, but decentralized AI isn't going anywhere. This looks like a classic "shakeout" before the next leg up.
🛒 Entry Zone: $255–$265
🎯 Target: $340+
#bittensor #TAO #crypto #AI #BuytheDips
🚨 $TAO at a Major Discount! 🚨
We’re testing the 100-day EMA support ($258) right now after some FUD regarding Covenant AI. The chart shows a massive correction, but decentralized AI isn't going anywhere. This looks like a classic "shakeout" before the next leg up.
🛒 Entry Zone: $255–$265
🎯 Target: $340+
#bittensor #TAO #crypto #AI #BuytheDips
Friday Market Pulse: $BTC Battles $71k & Alts Feeling the Heat! 📉🔥
It’s a wild Friday! While Bitcoin ($BTC ) is showing strength by holding the $71,500 level after yesterday's ceasefire rally, we are seeing massive volatility in the Altcoin market.
What You NEED to Know Right Now:
⚠️ $TAO (Bittensor) Alert: TAO has plummeted over 15% in the last few hours following news of a major subnet exit. If you are holding, check your stop-losses! 🛑
✅ Bitcoin Support: As long as we stay above $70,500, the path to $75k is still open. The "Short Squeeze" is still loading! 🚀
✅ $SOL & $ETH: Both are showing "Bullish Consolidation." Solana is holding $83 firmly.
🏦 Binance News: Remember, WAN was delisted from Margin today. If you have open positions, settle them ASAP!
💡 My Move: I’m watching the $70k retest closely. Yesterday’s "Green Day" was great, but today is about patience and protection. 🛡️
Are you buying the $TAO dip or staying safe in $BTC ? Let’s talk strategy below! 👇
#write2earn🌐💹 #Bitcoin70k #bittensor #CryptoNews #TradingStrategy #BinanceSquare
It’s a wild Friday! While Bitcoin ($BTC ) is showing strength by holding the $71,500 level after yesterday's ceasefire rally, we are seeing massive volatility in the Altcoin market.
What You NEED to Know Right Now:
⚠️ $TAO (Bittensor) Alert: TAO has plummeted over 15% in the last few hours following news of a major subnet exit. If you are holding, check your stop-losses! 🛑
✅ Bitcoin Support: As long as we stay above $70,500, the path to $75k is still open. The "Short Squeeze" is still loading! 🚀
✅ $SOL & $ETH: Both are showing "Bullish Consolidation." Solana is holding $83 firmly.
🏦 Binance News: Remember, WAN was delisted from Margin today. If you have open positions, settle them ASAP!
💡 My Move: I’m watching the $70k retest closely. Yesterday’s "Green Day" was great, but today is about patience and protection. 🛡️
Are you buying the $TAO dip or staying safe in $BTC ? Let’s talk strategy below! 👇
#write2earn🌐💹 #Bitcoin70k #bittensor #CryptoNews #TradingStrategy #BinanceSquare
3 Top Trending Altcoins Heating Up Right Now ⚡
While BTC consolidates above $72K, these three altcoins are stealing the spotlight:
1. Bittensor $TAO — The AI king continues to dominate narratives. Strong subnet growth and decentralized intelligence hype making it one of the hottest plays in 2026.
2. Hyperliquid $HYPE — Perpetual futures DEX momentum is insane. High trading volume and DeFi activity keeping it in the trending charts.
3. Sui $SUI — High-performance L1 showing serious strength with ecosystem expansion and developer activity. Frequently mentioned in “best altcoins April 2026” lists.
The AI + high-throughput L1 narratives are rotating hard as Fear & Greed sits at 46 (Neutral).
Which of these three are you watching closest — TAO, HYPE, or SUI? 👀
— PulZ | Quick market takes
Follow PulZ for daily insights & alerts!
#altcoins #bittensor #Hyperliquid #Sui #PulZ
While BTC consolidates above $72K, these three altcoins are stealing the spotlight:
1. Bittensor $TAO — The AI king continues to dominate narratives. Strong subnet growth and decentralized intelligence hype making it one of the hottest plays in 2026.
2. Hyperliquid $HYPE — Perpetual futures DEX momentum is insane. High trading volume and DeFi activity keeping it in the trending charts.
3. Sui $SUI — High-performance L1 showing serious strength with ecosystem expansion and developer activity. Frequently mentioned in “best altcoins April 2026” lists.
The AI + high-throughput L1 narratives are rotating hard as Fear & Greed sits at 46 (Neutral).
Which of these three are you watching closest — TAO, HYPE, or SUI? 👀
— PulZ | Quick market takes
Follow PulZ for daily insights & alerts!
#altcoins #bittensor #Hyperliquid #Sui #PulZ
$TAO falls 9.4% after Covenant AI exits #bittensor , questioning the network’s decentralization and governance.
Covenant AI operates multiple subnets within the ecosystem, most notably @tplr_ai or #SN3 .
Covenant AI operates multiple subnets within the ecosystem, most notably @tplr_ai or #SN3 .
🚀 TAO (Bittensor) Quick Analysis 🔥
Current Price: ~$335 (+7.5% in 24h)
Market Cap: ~$3.6B | Rank ~#28
24h Volume: $800M+
Why TAO is heating up:
Grayscale just amended its S-1 (April 2, 2026) for a potential TAO Spot ETF → Institutional inflow incoming!
129+ active subnets running strong. Ecosystem tokens already crossed $1.5B combined MC.
Real decentralized AI usage is growing fast (validators +34% MoM).
Strong support at $300–$320. Breaking $352 could push it quickly to $380–$400.
Short-term Target: $380 – $420
2026 Outlook: $500+ possible with ETF + subnet growth.
My Take: TAO remains one of the strongest plays in Decentralized AI. Still undervalued for its fundamentals.
DYOR | NFA
What do you think? Will TAO hit $400 this month? Drop your thoughts below! 👇
#TAO #bittensor #DecentralizedAI
Current Price: ~$335 (+7.5% in 24h)
Market Cap: ~$3.6B | Rank ~#28
24h Volume: $800M+
Why TAO is heating up:
Grayscale just amended its S-1 (April 2, 2026) for a potential TAO Spot ETF → Institutional inflow incoming!
129+ active subnets running strong. Ecosystem tokens already crossed $1.5B combined MC.
Real decentralized AI usage is growing fast (validators +34% MoM).
Strong support at $300–$320. Breaking $352 could push it quickly to $380–$400.
Short-term Target: $380 – $420
2026 Outlook: $500+ possible with ETF + subnet growth.
My Take: TAO remains one of the strongest plays in Decentralized AI. Still undervalued for its fundamentals.
DYOR | NFA
What do you think? Will TAO hit $400 this month? Drop your thoughts below! 👇
#TAO #bittensor #DecentralizedAI
🚀 $TAO UPDATE: Exiting Downtrend Amid Geopolitical Relief
Current Price: 334.3 (+7.04%)
📍 Entry Zone: 310.0 – 325.0 (Strong support exists between 303 and 322.86)
🛑 Stop Loss: 295.0 (Below the psychological $300 level and EMA20 support)
🎯 Take Profit Targets:
• TP1: 351.1 (Recent 24h High)
• TP2: 378.0 (Major resistance target)
• TP3: 415.0 (Supertrend bearish resistance level)
📊 Analysis:
Bittensor ($TAO ) has broken its recent downtrend, surging over 7% as risk-on sentiment returns to the market following the reported US-Iran ceasefire agreement. The price is currently fighting to stay above the MA(25) (335.1) and MA(99) (315.8) on the 1-hour chart, reflecting strong buyer entry. While the MACD is showing a slight negative histogram at -1.8, the massive explosion in 24h trading volume—reaching roughly $549 million—confirms that this move is supported by heavy market participation, including potential institutional accumulation.
⚠️ Risk Tip:
The Open Interest (OI) has recently cooled off from $550M to around $380M–$400M, suggesting some leveraged positions are being unwound near resistance. Furthermore, with the RSI near 70, there is a risk of short-term distribution at the $350-$360 supply zone. Keep a close eye on the $335 support; failure to hold it could lead to a retest of the $303 value area.
🔥 Institutional Catalyst: Grayscale recently increased its exposure to Bittensor, raising TAO's weight in its AI-focused fund to 43.06% and filing an updated registration statement for a spot TAO ETF. This "Bitcoin of AI" narrative continues to gain traction as decentralized compute demand grows.
Follow for more high-probability setups! 🚀
#TAO #bittensor #AI #CryptoTrading #TechnicalAnalysis
Current Price: 334.3 (+7.04%)
📍 Entry Zone: 310.0 – 325.0 (Strong support exists between 303 and 322.86)
🛑 Stop Loss: 295.0 (Below the psychological $300 level and EMA20 support)
🎯 Take Profit Targets:
• TP1: 351.1 (Recent 24h High)
• TP2: 378.0 (Major resistance target)
• TP3: 415.0 (Supertrend bearish resistance level)
📊 Analysis:
Bittensor ($TAO ) has broken its recent downtrend, surging over 7% as risk-on sentiment returns to the market following the reported US-Iran ceasefire agreement. The price is currently fighting to stay above the MA(25) (335.1) and MA(99) (315.8) on the 1-hour chart, reflecting strong buyer entry. While the MACD is showing a slight negative histogram at -1.8, the massive explosion in 24h trading volume—reaching roughly $549 million—confirms that this move is supported by heavy market participation, including potential institutional accumulation.
⚠️ Risk Tip:
The Open Interest (OI) has recently cooled off from $550M to around $380M–$400M, suggesting some leveraged positions are being unwound near resistance. Furthermore, with the RSI near 70, there is a risk of short-term distribution at the $350-$360 supply zone. Keep a close eye on the $335 support; failure to hold it could lead to a retest of the $303 value area.
🔥 Institutional Catalyst: Grayscale recently increased its exposure to Bittensor, raising TAO's weight in its AI-focused fund to 43.06% and filing an updated registration statement for a spot TAO ETF. This "Bitcoin of AI" narrative continues to gain traction as decentralized compute demand grows.
Follow for more high-probability setups! 🚀
#TAO #bittensor #AI #CryptoTrading #TechnicalAnalysis
A gut punch for $TAO !
The Covenant AI team is officially leaving Bittensor, taking their SN3 developments with them. They explicitly accuse Jacob Steeves of dictatorship.
Price reacted instantly, dropping to $285. Now we see a battle for the $300 level, but without fundamental faith in the network's permissionless future, the bounce could be very weak.
Smart money is exiting Bittensor until the governance situation is cleared up. Be careful buying the "dip" here. 👇💥
#Bittensor #TAO #SN3 #Governance
The Covenant AI team is officially leaving Bittensor, taking their SN3 developments with them. They explicitly accuse Jacob Steeves of dictatorship.
Price reacted instantly, dropping to $285. Now we see a battle for the $300 level, but without fundamental faith in the network's permissionless future, the bounce could be very weak.
Smart money is exiting Bittensor until the governance situation is cleared up. Be careful buying the "dip" here. 👇💥
#Bittensor #TAO #SN3 #Governance
DariX F0 Square:
Hope this gets a ton of views and likes!
Bittensor $TAO — is this the end of the decentralized theater?
The climax came suddenly: the project crashed 27%, wiping out nearly $1B in market cap in 12 hours. The main blow came from Covenant AI, announcing their exit from the ecosystem.
The reason is shocking: allegations of total control and manipulation by the founder. If the most successful subnet says decentralization here is a lie, what was the market paying for? We’re seeing panic selling and $9M in long liquidations.
This isn't just a dump it's a fundamental collapse of trust. Stay away from the BUY button until the dust settles.
#TAO #Bittensor #CovenantAI #CryptoCrash #DecentralizedAI
The climax came suddenly: the project crashed 27%, wiping out nearly $1B in market cap in 12 hours. The main blow came from Covenant AI, announcing their exit from the ecosystem.
The reason is shocking: allegations of total control and manipulation by the founder. If the most successful subnet says decentralization here is a lie, what was the market paying for? We’re seeing panic selling and $9M in long liquidations.
This isn't just a dump it's a fundamental collapse of trust. Stay away from the BUY button until the dust settles.
#TAO #Bittensor #CovenantAI #CryptoCrash #DecentralizedAI
CRYPTOFACIL:
Tenho TAO na minha carteira e não vendi nada nessa alta. Acreditando que iria superar o ultimo topo.
$TAO Bittensor is showing renewed momentum as AI-focused crypto narratives continue gaining traction.
The price recently bounced from a key support zone, signaling strong buyer interest. If bulls maintain control, $TAO could test the next resistance level soon, especially with increasing trading volume and market attention on AI infrastructure projects. However, traders should watch for short-term volatility if the market cools. Overall, the structure remains cautiously bullish while holding above support levels. Risk management remains important as the crypto market can shift quickly. $TAO
#TAO #bittensor #cryptotrading #CryptoMarket #BinanceSquare
The price recently bounced from a key support zone, signaling strong buyer interest. If bulls maintain control, $TAO could test the next resistance level soon, especially with increasing trading volume and market attention on AI infrastructure projects. However, traders should watch for short-term volatility if the market cools. Overall, the structure remains cautiously bullish while holding above support levels. Risk management remains important as the crypto market can shift quickly. $TAO
#TAO #bittensor #cryptotrading #CryptoMarket #BinanceSquare
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα