Yesterday $TAO was the AI coin everyone was dumping — today it's quietly bouncing, and the network's revenue story is getting harder to ignore.
SubConnect's latest read puts Bittensor subnet revenue at roughly $70M annualized, about double where it was two months ago. On top of that, the Targon subnet just bought back and burned 8,450 $TAO, worth around $2.1M. Grayscale's spot ETF filing is still in the background too.
$TAO is trading near $224, up about 2.5% on $88M in volume, while $BTC stays flat near $75,705. Hold above yesterday's $212 low and a push toward $234 — then $242 — stays on the table; lose $212 and the $200 zone comes into view fast.
Is subnet revenue finally enough to flip $TAO's trend, or does it still need $BTC to cooperate first?
#Bittensor #AICrypto #BinanceSquare
SubConnect's latest read puts Bittensor subnet revenue at roughly $70M annualized, about double where it was two months ago. On top of that, the Targon subnet just bought back and burned 8,450 $TAO, worth around $2.1M. Grayscale's spot ETF filing is still in the background too.
$TAO is trading near $224, up about 2.5% on $88M in volume, while $BTC stays flat near $75,705. Hold above yesterday's $212 low and a push toward $234 — then $242 — stays on the table; lose $212 and the $200 zone comes into view fast.
Is subnet revenue finally enough to flip $TAO's trend, or does it still need $BTC to cooperate first?
#Bittensor #AICrypto #BinanceSquare