My $TAO bids filled today at $220 and $208.
I have further bids placed at $196, $184 and $168 already.
Orion-100B Macrocosmos trained a 100B parameter model across the open internet at 65% of datacenter speed for far less cost.
Greyscale and Bitwise ETF is imminent in August.
$NOCK is the one the market hasn’t woken up to yet.
It’s proof of work, except the work is useful. miners generate zk proofs, not wasted hashes.
Fair launch. no premine. No VC. 100% mined.
Privacy compute is the currency of the future. This is coded for billions.
Privileged to be cooking in the base trenches with these real G’s
Special mention to few underrated accounts
@BassManTV@ze_baz@flowofalpha
Must be a few more I missed but these are my go-to quants
Why I think $TAO will go to $2100 CONSERVATIVELY (plus the affect then on $TAOX stock):
A) the halving - reduces selling pressure each day. High demand, lower supply = price goes up.
B) Subnet deregistration: Every new subnet increases demand for $TAO because you have to burn TAO to register.
C) Institutional demand for subnets: Starting with Grayscale but then there are others coming: to buy a subnet token you HAVE TO PAY with $TAO. Increases demand (right when supply goes down with halving)
D) Ridges, etc: Ridges is about to release a commercial product. It's going to crush Cursor, a $27 BILLION company. Will increase demand for subnet tokens, plus will show the world they can start a billion dollar company for less than a million dollars.
E) DeFi on TAO (like Cartha, SN35): Almost all the top 20 crypto tokens are DeFI tokens. DeFi is just beginning on TAO. The emissions give extra advantages to trade on TAO that other DeFi protocols don't have. This is enormous demand that is just beginning.
F) More institutional demand for TAO. Not only is $TAOX growing (see below) but other institutional players are beginning (see Grayscale TAO ETF)
G) $TAOX is the only way to get exposure to TAO in your 401k to this and other pieces of the TAO ecosystem, depending on the directions TAOX goes.
TAO is a $4 Billion market cap with 100 companies denominated in TAO sitting on top of it. At least 20 of those companies/subnets are worth over $1 billion, some worth $10 billion.
That's conservatively (if just 20 are worth JUST $1B) then that puts $TAO at $2100 and $TAOX at $50.
But Ridges alone can be worth $20B, as could Cartha, BitMind, Yanez, Chutes, Targon, Data Universe, Hone, Affine, Bitcast, Zeus, etc etc.
This is what $NOCK is
The demand is skyrocketing and there is a real supply shock now with miner emissions getting slashed
People fighting to get positions AND buyback what they sold at bottom
Smart money doesn’t often give time to buy perfect bottoms