If ya'll didnt sell the top what makes you think you can buy the bottom?
What makes you think you have the emotional regulation and foresight to buy the bottom when everyone parrots "macro looks bad here".
@matthuang anecdotally i tend to prefer instruments that ive seen people make it w/:
-ive seen a lot of ppl get rich on spot/memecoins
-ive seen a lot of ppl get rich on perps (and usually lose it all too)
-i rarely see ppl get rich on buying options
-but no one gets rich sports betting
The supply side of is fixed and decelerating. 3,600 $TAO per day. Halving every four years. Recycling and burning reducing effective supply further.
The demand side is structural and expanding. 100+ subnet pools each requiring $TAO as base liquidity. 68% of supply staked. Growing wallet counts at every tier. Institutional validators committing hundreds of millions. Agents entering the network and creating new demand for subnet commodities priced in $TAO.
The free float is thin and getting thinner. Roughly 3.4 million $TAO available and 300 new wallets are competing for it every day.
I have also not shown enough how early this is in context. 222,289 wallets. For a network that is building the infrastructure layer for autonomous AI agents. For context, Ethereum had roughly 100 million addresses at its peak. Solana has tens of millions. We are at 222K. The account growth chart is already exponential, and the network has barely begun to penetrate mainstream awareness.
The validators tell you who understands this. Kraken, Polychain, DCG/Yuma, Opentensor Foundation these entities do not stake tens of millions of dollars into networks they expect to decline. They stake into networks they expect to become foundational infrastructure.
Every month, the wallet data comes out, and every tier has grown. Every month, the validator table shows more $TAO locked. Every month, the subnet count rises, and more AMM pools absorb $TAO. Every month, the free float compresses while daily emission stays fixed at 3,600.
I keep making the case for the products because the products are extraordinary. But the truth is even if you ignore every subnet, every agent, every Harvard collaboration, every Forbes article, the pure tokenomics of a 21M fixed-supply asset with 68% staked, 3,600 daily emission, 100+ demand sinks, institutional validators, and 33-75% annual growth in every wallet tier already makes the case by itself.
The products make it stronger. The on-chain data makes it undeniable.
The numbers do not have opinions. They just tell you what is happening. And what is happening is accumulation at every level, by every type of participant, through every market condition, three months into a post-halving supply cut.
The supply shock is not coming. It has been building since December. The data just makes it harder to deny with every passing month.
$TAO
Not financial advice. DYOR.
TAO subnets have DEFI summer 2020 vibes.
You wont see much more innovation on EVM.
But have a glance at TAO subnets and you'll see teams innovative and experimenting with decentralised AI.
You get to witness the cambrian explosion of DeAI this cycle.
@wenbottom@tradi20578 I never got the $ value of the top right. Too hard to predict. I'd guess its less than $300k.
I'll just sell when psychology changes and we get close to cycle top from a time perspective (1430 days top to top).
I normally just wait to see what the market chooses as the meta for this cycle and try to be early.
Can't tell till it's actually forming.
Most of the current alts are dead to me.
90% of capital in BTC, realestate, AI stocks e.t.c.
Then gamble 10% into whatever shows up as asymmetrical.
@tradi20578 ~$55k imo
But I'd just DCA from now into the next dip.
Good chance we're entering a time based capitulation arc now.
Sideways = boring market