$TAO Breaking Down Tokenomics & Supply Pressure: Can the “Bitcoin of AI” Retain Capital Flows?
A closer look at the actual figures:
• Circulating supply: ~7.4M TAO (~35% of the 21,000,000 TAO max supply).
• FDV vs. market cap: Fully diluted valuation of ~ $5.4 billion (about 2.8 times the circulating market cap).
• Selling pressure: No VC token unlock schedule (100% fair launch); new supply comes mainly from block rewards for subnet validators and miners (~7,200 TAO/day).
• Derivatives data heating up: Market price at 258.8 USDT, Top Traders’ long positions at 78.01%, and a negative funding rate (-0.0034%), indicating that shorts are trying to push the price down but are continually paying fees.
Perspective: The scarce supply structure helps $TAO avoid the tokenomics inflation nightmare seen in most other AI projects. However, with the 260 USDT resistance under heavy pressure from short sellers, a short squeeze liquidation sweep could be triggered at any moment if buying pressure absorbs all the TAO distributed as daily rewards.
Are you accumulating $TAO for the long term, or just trading derivatives around the price swings?
$TAO $BTC #Tokenomics #AI #BinanceSquare #Crypto
A closer look at the actual figures:
• Circulating supply: ~7.4M TAO (~35% of the 21,000,000 TAO max supply).
• FDV vs. market cap: Fully diluted valuation of ~ $5.4 billion (about 2.8 times the circulating market cap).
• Selling pressure: No VC token unlock schedule (100% fair launch); new supply comes mainly from block rewards for subnet validators and miners (~7,200 TAO/day).
• Derivatives data heating up: Market price at 258.8 USDT, Top Traders’ long positions at 78.01%, and a negative funding rate (-0.0034%), indicating that shorts are trying to push the price down but are continually paying fees.
Perspective: The scarce supply structure helps $TAO avoid the tokenomics inflation nightmare seen in most other AI projects. However, with the 260 USDT resistance under heavy pressure from short sellers, a short squeeze liquidation sweep could be triggered at any moment if buying pressure absorbs all the TAO distributed as daily rewards.
Are you accumulating $TAO for the long term, or just trading derivatives around the price swings?
$TAO $BTC #Tokenomics #AI #BinanceSquare #Crypto