$TAO KEEP AN EYE ON THE MATH, NOT JUST THE PRICE...
Most traders focus on the red months, but they miss the supply dynamics. The first halving IS COMPLETE.
Daily issuance has dropped from 7,200 to 3,600 $TAO . That's 1.3 million tokens less on the market each year.
The equation is simple: Today: 3,600 $TAO /day. Next halving: 1,800. Then: 900.
While supply is dropping, demand is skyrocketing: 128 subnets are literally 'eating' $TAO for registrations and pools. With 67% of the turnover already in staking, the liquid part is becoming microscopic.
This isn't just a shortage 'like Bitcoin'. This is programmed structural compression. The network is expanding while the available $TAO is disappearing. Conviction is built on mechanics, not on charts.
#TAO #Bittensor
Most traders focus on the red months, but they miss the supply dynamics. The first halving IS COMPLETE.
Daily issuance has dropped from 7,200 to 3,600 $TAO . That's 1.3 million tokens less on the market each year.
The equation is simple: Today: 3,600 $TAO /day. Next halving: 1,800. Then: 900.
While supply is dropping, demand is skyrocketing: 128 subnets are literally 'eating' $TAO for registrations and pools. With 67% of the turnover already in staking, the liquid part is becoming microscopic.
This isn't just a shortage 'like Bitcoin'. This is programmed structural compression. The network is expanding while the available $TAO is disappearing. Conviction is built on mechanics, not on charts.
#TAO #Bittensor