Bittensor’s TAO: Will It Leap Over $300 or Trip on Its Own Hype?

Social engagements for TAO have spiked by a ludicrous 112% over 30 days, with 3.86 million interactions in 24 hours-a figure that would make even the most popular society matron blush. This frenzy coincided with such milestones as the completion of the Covenant-72B decentralized LLM training run (whatever that may be), Grayscale opening a private TAO trust (how quaint), and subnet Targon reporting $10.5M in annual revenue (a sum that would barely cover a season in the Riviera). Renewed fundamental and social momentum is, apparently, attracting capital ahead of anticipated AI narrative growth-a phrase that sounds like something concocted by a particularly verbose publicist.




