Jason Calacanis (early Uber investor) is calling for $TAO to 200x over 5-10 years — from ~$300 to $32k. That's a $500B market cap target.
He's calling it "better Bitcoin" and comparing it to $ETH and $SOL.
But here's the catch most won't tell you:
Calacanis isn't neutral. He's got ~$500k personally in $TAO and is a consulting partner at Stillcore Capital — a fund literally built around Bittensor. Classic talking his own book.
Why $TAO still matters:
21M fixed supply (same as $BTC)
First halving just hit in Dec 2024
Nvidia CEO Jensen Huang recently backed decentralized AI models
Currently ~$240, $2.64B mcap, ranked #33
We called $TAO spot entry at $150-$160. Already up 160%+ from there. Positioned before the hype cycle.
A 200x from here = $500B mcap. That's where $ETH sits today. Possible? Sure. Guaranteed? Hell no.
Always ask: who profits from this call?
TA only. DYOR.