$TAO Once traded at $2,249. Today it sits at $299.
That is an 86 percent drawdown from the all-time high.
The same coin.
The AI narrative is the strongest in the world right now.
Amazon AWS AI revenue hit $15 billion annualized.
Nvidia cannot make chips fast enough. Tokenized AI infrastructure is a multi-billion dollar trend.
Fed Governor Cook just endorsed tokenization from the central bank podium.
The money is flowing into AI.
TAO is the purest crypto play on that trend.
The order book earlier this week showed massive bid depth.
Bids at 340 held 4,850 TAO.
Bids at 330 held 4,050 TAO.
Below that, 310 held 5,650 TAO. At 240, 6,320 TAO were resting.
The chart is building a base.
The weekly MACD is curling. The volume is picking up. The AI narrative is the engine.
It was $2,249. It is $299.
It does not need to return to the highs to deliver generational returns.
A move to $600 is a double.
A move to $1,000 is over 3x. A move back toward the highs is 7x.
The math is simple. The setup is clean.
The market is sleeping on TAO. It will not sleep forever.
