RoelEHV

[RoelEHV @EhvRoel]

@SwearingSport @NotoriousBIG90

[Openτensor Foundaτion @opentensor]

Next time we train 1 trillion

[Andy ττ @bittingthembits]

Run the $TAO math. Then sit with it.

The median outcome is:

$22,377 per $TAO.

@mattramey01 just shared Taoculator's Monte Carlo simulation 2,000 paths modeled against Bitcoin's actual lifecycle at the same age.

$TAO is 3 years old.
Bitcoin at 3 years old was $3.20.

$TAO today is $286.
Already 90x BTC at the same stage.

Now apply Bitcoin's actual drift and volatility from that same lifecycle window forward two years.

The median outcome is:

$22,377 per $TAO.

Not the best case.
The median.
Half the paths ended higher.

The worst 1-in-20 outcome?

$1,290. That's still +350% from here.

Below average?

$7,409. Still +2,486%.

Above average?

$67,561.

Best 1-in-20? $359,756.

These are not predictions.
This is what the math says happens if $TAO follows the same adoption curve that Bitcoin followed from this exact point in its life.

And here's what the model cannot account for.

▫️Bitcoin at age 3 had no subnets generating revenue.
▫️No enterprise partnerships.
▫️No decentralized training breakthroughs catching the attention of Jensen Huang and Chamath.
▫️No Grayscale Trust filing as an SEC Reporting Company.
▫️No composable intelligence economy with 128 competing markets.
▫️No halving that cuts emissions on both $TAO and alpha tokens simultaneously(plus Alpha burns)

Bitcoin at age 3 was a monetary experiment with a whitepaper and a dream.

$TAO at age 3 is a functioning meta-computer processing hundreds of millions of queries per day with real customers paying real money for real intelligence.

The lifecycle comparison might actually be conservative.

https://t.co/AFD8DC0VNm, run it yourself.

$TAO

ALWAYS DYOR.
NOT FINANCIAL ADVICE.

[RoelEHV @EhvRoel]

@CryptoZPunisher @Loosh_ai @lisacheng @AgenticToaster I see subnet 102 is at the last spot at the moment. Really hope Loosh will have more time, it's one of my biggest allocations 🙏

[RoelEHV @EhvRoel]

@sire_agent @Polymarket ✅🥂

[RoelEHV @EhvRoel]

@markjeffrey @sundaebar_ai Thanks Mark very clear explanation so people on all tech levels can understand 👍

[Andy ττ @bittingthembits]

🚨 URGENT: THE GTAO PREMIUM IS TELLING US SOMETHING MASSIVE ABOUT $TAO. THE 206% PREMIUM ANOMALY

Current GTAO data (01/06/2026):
- Market Price: $16.98
- NAV (actual $TAO value): $5.54
- Premium: 206.77%

Translation: Investors are paying $3 for every $1 of $TAO exposure through GTAO.

The Grayscale Bittensor Trust just filed to become an SEC Reporting Company. What the market's reaction reveals about $TAO

Why? Because traditional finance is DESPERATE for regulated $TAO access.

MOVE FROM THE LOWS

GTAO bottomed at: $3.98
Current price: $16.98
Gain from lows: 326% in weeks

But here's what the market is missing:

This isn't just GTAO pumping. This is institutional capital pricing in the inevitability of spot $TAO access before it exists.

The 206% premium = willingness to overpay 3X just to get exposure NOW

SEC FILING

Before:
- Private placement only
- 12-month holding period
- No public liquidity
- No transparency

After Form 10 effective:
- Public OTC trading ✅
- 6-month holding period (after 90 days)
- Quarterly SEC filings ✅
- Path to NYSE Arca ETP listing ✅

Translation: The floodgates for institutional capital are opening.

MATH ON WHAT HAPPENS NEXT

Current GTAO metrics:
- Shares outstanding: 1,881,500
- $TAO per share: 0.01922835
- Total $TAO backing GTAO: 36,183 $TAO
- Market cap: $26.2M

At 206% premium, institutions are valuing this 36K $TAO at $26.2M despite NAV of only $10.4M.

Now apply this to native TAO:

Current $TAO market cap: $2.7B
If spot $TAO absorbed even 10% of the "premium demand" GTAO demonstrates...

That's $520M in new capital chasing limited supply

SUPPLY SHOCK

Remember these numbers:
- 70% of TAO staked
- 4.6% on exchanges
- December halving: 7,200 → 3,600 daily emission
- Grayscale now buying for GTAO + path to ETP

Grayscale + institutional demand: Easily 500-1,000 TAO/day once ETP approved

GBTC PRECEDENT

When Grayscale Bitcoin Trust (GBTC) traded at premiums:
- Institutions paid 2.3X NAV for regulated BTC exposure
- When spot ETFs launched: Premium compressed but BTC price 10X'd

GTAO current premium: 206.77%

Higher than GBTC ever reached.

Let that Sink In.

The market is screaming: $TAO spot demand >> available supply

THE 326% MOVE

GTAO: $3.98 → $16.98 (326% gain)

This happened BEFORE:
- Spot ETP approval
- 6-month holding period reduction (90 days away)
- NYSE listing
- Mass marketing to RIAs/institutions

This is early positioning by smart money.

The chart shows massive volume (198K shares in one candle = $3.3M single-day flow)

WHAT THE PREMIUM TELLS US ABOUT NATIVE $TAO

Implied "fair value" for regulated $TAO access = 3.06X current $TAO price

That's the premium-adjusted price institutions are willing to pay RIGHT NOW.

REGULATORY MOAT

Why the premium exists:
1. Most institutional funds CANNOT buy native crypto
2. Custody requirements = impossible for most RIAs
3. Compliance overhead = too expensive
4. Board approval = requires SEC-registered products

GTAO solves all 4 problems.

When it becomes an ETP on NYSE Arca:
- Every major brokerage can custody
- Every RIA can allocate
- Every pension can access
- Every ETF can include

Market size
- RIA assets under management: $130+ trillion
- If 0.1% allocates to $TAO via GTAO: $130 billion
- Current $TAO market cap: $2.7 billion

43X potential capital inflow from RIAs alone.

$TAO is just getting started, not financial advice. This is not a price target. It’s a warning. Wake-up ⏰️

https://t.co/O0ZbC5Gnyf

[Jolly Green Investor 🍀 @jollygreenmoney]

This is one of the most bullish signals for Bittensor $TAO in a long time 🚨

The Grayscale Bittensor Trust is up 350% over the past two weeks 🔥

A move this large in such a short timeframe is extremely rare for a trust.

It tells you something specific:

1. There is urgent demand for $TAO exposure

Not from crypto natives but from:
✅ Brokers
✅ Funds
✅ Retirement-style accounts
✅ Accredited investors

People who previously had no way to gain exposure to TAO.

2. Demand is exceeding supply of trust shares

Price of $GTAO explodes when:
☑️ Buyers want exposure now
☑️ There aren’t enough shares available
☑️ Sellers refuse to sell

That imbalance causes price expansion.

This is identical to early Grayscale Bitcoin Trust $GBTC behaviour (started below $1 -> ATH of $92 🤯)

3. Price expansion → pressure for new issuance

When a trust trades at a big premium:
✅ It becomes very profitable for Grayscale to issue new shares
✅ New issuance requires buying spot TAO
✅ TAO is removed from liquid supply permanently

This is the direct mechanical link to TAO price.

Here is the MOST IMPORTANT PART:

This price action is a leading indicator for TAO, not a lagging one…

TAO price today mostly reflects:
✔️ Crypto-native traders
✔️ Subnet economics
✔️ Emissions & staking

GTAO reflects:
💰 TradFi demand
💰 Regulatory comfort
💰 Capital pools outside crypto

These two markets do not arbitrage instantly.

So:

$GTAO runs first → $TAO follows later

That’s why this matters 🚀

[RoelEHV @EhvRoel]

@Diditaihuttu Fijne feestdagen Didi 🥂

[𝗗𝗥𝗘𝗔𝗗 𝗕𝗢𝗡𝗚𝗢 @DreadBong0]

To everyone who bought $TAO before today..

In the future, you will be able to say that you was here before the first #Bittensor halving

That puts you in an exclusive club no future buyer can ever join

Well done.. I salute you 🫡

$TAO

[Loosh AI @Loosh_ai]

Thank you for having us
We love the nerds 🤓

[The TAO Daily @taodaily_io]

📹 VIDEO: A quick 90-second breakdown to help you understand Bittensor $TAO in the simplest way possible.

Courtesy of SN121 @sundaebar_ai.

[RoelEHV @EhvRoel]

@CryptoZPunisher @FrankRizz07 U Toldusman 👌🤜

[RoelEHV @EhvRoel]

@iamphillblack @DreadBong0 @ridges_ai U will get alpha tokens rewarded not Tao

[RoelEHV @EhvRoel]

@DreadBong0 @ridges_ai Tao finally being discussed in "Bulls and Bears" an investment channel on the Dutch TV 🔥🥂

[Quinten | 048.eth @QuintenFrancois]

Why $TAO will become a trillion-dollar asset:

The most fascinating thing about $TAO is that its path should follow Reed's Law, and not Metcalfe's Law like $BTC. Bitcoin reached a trillion-dollar market cap in 2021. That's only 12 years after its genesis block. In theory, $TAO should do it in less than 12 years.

Metcalfe’s Law: this economic law says that a network’s value grows proportionally to the square of its number of users, and applied to #Bitcoin, it means that as more people use and hold Bitcoin, its overall market value increases exponentially.

Reed's Law: this law says that the value of a network grows exponentially with the number of user groups or sub-networks, and applied to Bittensor, it means that its 128 subnets exponentially amplify the network’s total value - basically a network effect of network effects.

So, in theory, the network should go up in value faster than Bitcoin. In my opinion, the bet on Bittensor is asymmetrical. I believe this is going to be a trillion-dollar network. The art of investing is picking the projects that have the potential to become a trillion-dollar company, and of which the odds for this to happen are high. In my opinion, in crypto, we have Ethereum, Chainlink, and Bittensor as the main contenders to become trillion-dollar assets. The rest miss something. For example, $BNB’s existing market is too small, and $SOL doesn’t have the first-mover advantage and is not overtaking $ETH.

On top of all this, Bittensor brilliantly ensures there is enormous economic incentive for the best AI projects to build on its network as a subnet. And since right now there are only 128 subnet spots, it's a Hunger Games-style competition to keep a subnet spot - because when a new team comes in and pays the $TAO fee, the least-performing subnet is out.

Over time, the number of subnets will increase, but for now they keep it tight so there are more rewards for the subnets, and quality goes up dramatically because of the competition. They all earn a part of the newly mined $TAO (emission). The tokenomics are based on $BTC’s model, with a max supply of 21 million $TAO and a halving every ~4 years.

Conclusion: I believe $TAO is one of the only assets in crypto that has the potential to become a trillion-dollar market cap token. And I believe it will do so in less than 12 years - the amount of time $BTC needed. Bittensor is now 4 years old. Calculations show us that $TAO is on track - following Reed's Law curve - to become a trillion-dollar asset by 2030 or 2031. It has all the ingredients: first-mover advantage in decentralized AI, a genius “Hunger Games” competition model, an economic incentives model, the right tokenomics, and more. Everything about this project is genius and brilliantly thought out.

[RoelEHV @EhvRoel]

@mogmachine @taostats This is amazing!! 🔥❤️

[RoelEHV @EhvRoel]

@DreadBong0 For me nothing has changed, full Tao conviction.
Awesome bull picture btw 👌

[RoelEHV @EhvRoel]

@LinkMami @NotoriousBIG90 Lol Taomami suits u better ;)

[RoelEHV @EhvRoel]

@Fibonaccious Ridges 👌