I removed one thing from my $TAO chart. The picture changed completely. ๐
Here's what I did, and why it matters for the next move.
And at the end, I'll tell you my next target. ๐
Chart 1: candles, trendline through the wick highs. Looks like a rejection.
Chart 2: the same market, closing prices only. This is where the market actually settles.
On closes, $TAO has already broken above the long-term descending trendline. What we see now is a retest from above, not a rejection. ๐ฅ
And we're right at the Daily EMA55, one of my favorite reaction zones.
So we have:
โ A close above the trendline
โ A retest of it
โ The Daily EMA55 as my support zone
My view is clear: continuation.
Could we see a wick down first, a sweep, a liquidation? Sure. That doesn't change the long term direction.
My next target: $500, after taking out the March high near $380. ๐ฏ
Less noise. More clarity.
Bookmark this post and come back when $TAO is heading for $500. ๐
Do you see a rejection or a retest? ๐
#trading #bittensor
I still believe you can make life-changing money with memecoins.
Made a lot. Gave a lot back.
This cycle I'm looking at them differently.
Everyone talks about "diamond hands."
Almost nobody actually measures them.
So I pulled the top 100 holders of 5 Solana memecoins and checked who hasn't sold a single token in 30 days.
Here's the problem:
10,000 small wallets holding forever doesn't matter.
If the top 100 dump, you're the exit liquidity.
That's why I only look at the top 100.
Here's what I measured on the top 100 wallets of each token:
โ How many haven't sold in 30 days (Diamond Count) โ How much supply of the top 100 those wallets hold (Diamond Supply)
โ How concentrated the top 100 is (Distribution Score)
You want the first two high. The third not extreme.
My takes:
$TROLL โ champion ๐
Best balance across all three.
487 days old. โ84% from ATH.
43% of the top 100 haven't sold in 30 days.
Best distribution of the five.
That's ideology, not forgetfulness.
Already in. Considering adding.
$Chud โ my favorite under $1M
โ ๏ธ First: verify CA
Correct: 8NGpdSE1tZqUrvpUVqsn5Revncc6yUafk8mnAyK9fNCE
There's an older $Chud on Solana at ~$1M with $32M ATH. Same name, different token.
Now the read:
Diamond numbers as strong as TROLL.
But 78% top-100 concentration = fragile distribution.
Strong conviction + concentration risk.
$Ansem โ the concentration bet
74% supply in top 100 at $244M is HEAVY.
Bullish: they held through the last pump = they want more.
Bearish: if they change their mind, that's a lot of supply hitting a small market.
Goes to billions if narrative holds. Too high for me right now.
$Cupsey โ i like it, but needs time
The diamond hands here are few (22% of top 100) but hold 78% of the supply.
Conviction concentrated in a handful of wallets.
Fragile. Might come back after a correction.
$TripleT โ looks more like a KOL play
Weakest conviction + mediocre distribution.
Pass.
Round-tripped plenty last cycle.
That's exactly why I'm looking at memes this way now.
The opportunities are still there.
You just have to find holders who aren't waiting to dump on you.
Which meme has real diamond hands right now?
$SOL #Solana #Memecoins #Crypto
Most early-stage $TAO subnets
look weak on paper.
That's exactly why they stay cheap.
Subnet 32 @ai_detection
just scored 51/100
on my Framework 2.0.
Here's what I found:
THE GOOD:
โ #1 on MGTD Benchmark โ
โ Real product. Real users. 46K visits in April โ
โ Founder @sergak0 doxxed + actively building โ
โ Open source. Auditable. โ
โ TAM: every school, company and media platform
needs AI detection โ
โ Const staked โ
WHAT'S HOLDING THE SCORE BACK:
โ Revenue: ~$2K/month โ still early
โ Burns: 0 on-chain
โ No Yuma. No Stillcore.
Important:
A lower score on an early subnet
isn't automatically bearish.
If every metric was already perfect โ
the market wouldn't price it this low.
That's the tradeoff with early entries.
But for me:
51/100 = watchlist.
Not portfolio.
I follow my framework โ
even when I like the product.
What would trigger a re-evaluation?
โ Revenue burns on taorevenue
โ Score moving above 55
@ai_detection โ
if there's data I missed
or metrics that changed,
happy to re-run the analysis.
What subnet should I analyze next?
$TAO #Bittensor
A $600T market is moving on-chain.
And it's happening on a $TAO subnet.
There's already proof this works:
@Figure
โ $8B company
โ $22B tokenized loans
117 basis points cut from lending costs.
Built for banks. Proven.
Now @resilabsai SN46:
"Figure built the playbook.
We launch the network."
What that means:
Any US property lender can now:
โ Create a loan vault
โ Access USDC liquidity
โ Automate lending to borrowers
No bank required.
Then global.
This isn't an AI appraisal story anymore.
It's real estate finance going permissionless.
Built on $TAO.
We're early.
#Bittensor
Einstein wouldnโt believe in $TAO.
He was once asked if he believed in God.
"I don't believe in God" he said. "Belief looks very small to me."
Because belief canโt be questioned. And what canโt be questioned โ canโt be improved.
"I think in God."
Look at parts of the $TAO community right now.
Every critic gets attacked.
Every doubt gets dismissed.
Every question feels like a threat.
Thatโs not strength.
Thatโs fragility.
Strong systems donโt grow through believers.
They grow through thinkers.
Samโs exit hurt โ
but it forced locked stake.
Critics hurt โ
but they force better systems.
The upgrade never comes from belief.
It comes from people who keep questioning.
Locked stake. Open code. Permissionless reorganization. @const_reborn gets it.
Don't believe in $TAO. - Think about it. -
#Bittensor $TAO
$Brett $Tron
Encontrando las ganadores de cada Blockchain
Enfรณcate en los Memes Triple A
Hoy analizamos en vivo: https://t.co/Zz01wKxu5o
Comunidad $Brett #LatinAmerica
Presented without comment
S&P performance for the year when a new US president takes office
2021 (Joe Biden): +26.89%
2017 (Donald Trump): +19.42%
2009 (Barack Obama): +23.45%
2001 (George W. Bush): -13.04%
1993 (Bill Clinton): +7.06%
1989 (George H. W. Bush: +27.25%
Average annual return (since 1990): +12.54%
4/6 up double digits (2x average annual return)
Only 2001 down (dot com bust + 911)
Now another thing I was to looking at, which Iโm not sure if it matters or not, but itโs the colors in regards to the memecoins. I mean just look at them.
Time after time @CrashiusClay69 has said that these are โthe infinity stones of memecoins.โ Iโm not sure how specific he is getting with the whole โinfinity stonesโ thing having 2 blue coins, but I think it would be pretty cool if it matched the color scheme. Idk thatโs just me tho.
But looking at the color scheme, the only other colors that are missing are orange and purple. Again itโs a stretch but you never know๐คทโโ๏ธ
$BRETT is the best memecoin on #Base this cycle
$BULL is the best memecoin on #Tron this cycle
6th infinity stone will be the best memecoin on ______ this cycle.
I can say 6th infinity stone is most definitely not from Matt Furie or boys club
I strongly believe in being top 2
Once u start working ur way to #3 thing in a meta, #4 in the Meta, #5 in the meta, etc the further u work ur way into the rankings the more diluted and stupid it is
#1 and #2 always hold value
You have DOGE SHIB you have PEPE BRETT
All I have to say right now ๐