Previously this week, before the crisis in $TAO, Grayscale’s AI portfolio increased its allocation of TAO. Following that, $NEAR, $RENDER, $FIL, $GRT, and $IP are also prominently listed in this institutional portfolio. I don’t quite understand why these players aren’t holding $FET. When I checked Coinbase’s Top 50 Index, TAO again has the highest weighting among AI projects. Following it are NEAR, $ICP, RENDER, FET, and GRT in sequence. Institutions have clearly selected TAO as number one and NEAR as number two.
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