Jolly Green Investor 🍀@jollygreenmoney
Here is the difference between $TAO and $ETH $SOL etc.
When ETH/SOL get hot, the scammers appear and create thousands of coins per day. Vapourware, memes, rugs, etc.
Inevitably billions upon billions $ are extracted from the chain, never to return again. ETH/SOL szn dead.
When TAO gets hot (happening now) the scammers are unable to come in and create thousands of scam coins because of how subnets work.
The billions $ of liquidity that flow in can only go to root TAO or to subnet alpha tokens. There are currently only 128 subnet tokens to choose from, so the liquidity will not be spread as thin and won’t be extracted like on ETH/SOL.
This is how we see a sustainable rise of an ecosystem that is actually built to last.
And also how we see ungodly pumps on undervalued AI crypto projects that are actually building real tech.
Will be fun to watch 🍿
