As reported by Binance News, TAO surged 6% to $395 following Bittensor's launch of its Novelty Search: SN50 Synth, an AI-driven financial market prediction tool. Institutional inflows via Grayscale’s Bittensor Trust and a 50,000 USDT reward pool from Hippius Subnet further boosted confidence. The next major catalyst is the TAO halving in December 2025, which will cut daily supply by 50%, potentially mirroring Bitcoin’s scarcity model. Technical indicators suggest a mid-term price target of $800.
TAO Price Surges 6% to $395 Amid AI Demo and Institutional Interest
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