The recent reports highlighting TAO Coin suggest an optimistic outlook for the cryptocurrency, primarily driven by a range of factors. Grayscale, a leading institutional-grade digital currency asset manager, has filed for the first $TAO ETP (Exchange Traded Products). This institutional bet on decentralized AI represents a significant milestone for TAO.
A wave of anticipation has also come with TAO's halving event, as indicators suggest a boost to its value and a 'starvation' of 'zombie subnets'. Investors are quietly building their assets, with some making price predictions as high as $1,000 for TAO Coin. Furthermore, Predictions for TAO to rally to $300 in January also surfaced as Bittensor ETF filings were made with the SEC.
TAO Coin has been holding its ground amidst a broad crypto pullback, with reports suggesting the potential for another upswing. The viability of TAO Coin's upward trajectory has been made credible with recent data that revealed TAO's significant rise of 32% ahead of possible institutional adoption and its first halving.
In addition, the Nasdaq-listed TAO Synergies made news after buying $10 million in Bittensor tokens for treasury, making it the largest public holder of the cryptocurrency. Bittensor has also marked a notable impact on the AI token rally, leveraging Barry Silbert’s $10 million flagship funds to lead the movement.
TAO Coin News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Fri, 02 Jan 2026 13:50:07 GMT - Rating 8 - Innovation 5 - Information 6 - Rumor -5