Significant black swan event in the AI sector: TAO plummeted over 24% in a week, falling below $300.
The loss of the core development team coincided with large-scale long position liquidations, intensifying market anxiety surrounding its "decentralized" nature. Data shows that TAO further dropped 7% in the past 24 hours, trading at $238.91.
⚠️ However, three signals are worth noting:
Signal 1: Institutional demand remains
Earlier this month, Grayscale increased its weight of Bittensor in its AI fund to 43.06% and has applied to convert it into a spot ETF.
Signal 2: Supply is extremely scarce
After the halving, the daily new supply of TAO is only 3,600 tokens — this is a reasonable adjustment, not a structural collapse.
Signal 3: Whales quietly accumulate FET
In March, large wallets have accumulated up to 100 million FET — this number cannot be ignored. More notably, a listed company plans to raise $500 million to hold this token. The merger case of ASI is still pending, and there are catalysts in the future.
📊 Three major AI leaders' complete layout strategy:
💡 TAO trading opportunity
Parameter Value
Current Price Approximately $239
Entry Point $200 - $230 (gradual layout, recent low around $230 is key support)
Take Profit Point 1 $300 (psychological rebound)
Take Profit Point 2 $400 (medium-term target)
Stop Loss Point $190 (exit if it falls below previous low)
Recommended Leverage 2-3 times (prefer spot)
Margin Ratio Total capital 2-4%
💡 FET trading opportunity
Parameter Value
Entry Point $1.75 - $1.90 (waiting for 50-day/200-day moving average support zone)
Take Profit Point 1 $2.30 (ASI merger catalyst)
Take Profit Point 2 $2.80 - $3.00 (listed company increase expectation)
Stop Loss Point $1.55
Recommended Leverage 3-5 times
Margin Ratio Total capital 2-3%
💡 RENDER trading opportunity
Parameter Value
Entry Point $1.70 - $1.85 (gradual layout)
Take Profit Point 1 $2.20
Take Profit Point 2 $2.80
Stop Loss Point $1.50
Recommended Leverage 2-3 times (suitable for spot)
Margin Ratio Total capital 2-4%
👉 TAO plummeted 24%, will you panic sell or gradually buy the dip? Let's discuss your actions in the comments👇
#AI #TAO #FetchAI #RENDER #writetoearn