Is TAO Crypto Prepared for $3,000? Traders Extremely Optimistic about Bittensor, Here’s the Reason

Bittensor stands out as a premier AI coin in the crypto space, without a doubt. While the initiative is often featured in update articles, its underlying currency, TAO, has seen disappointing performance. Despite a price surge in early April, where it jumped from approximately $160 to highs around $520 in June, the token has remained relatively stagnant since.

Could TAO Crypto Ascend To $3,000?

The current price stagnation, when evaluated alongside aggressive projections from analysts on X, might indicate that investors are taking the opportunity to accumulate.

An analyst is convinced that TAO USD is establishing a W Pattern, similar to the price movements observed in November 2023, which led to substantial gains. Following that, prices jumped from approximately the $30 to $90 range up to about $700.

The previous time $TAO broke out of its horizontal range ($30 – $90) was in Nov 2023 following a W pattern (see post below)

It is poised to replicate this W pattern breakout ($200 – $700), aiming for a target exceeding $3,000

According to the post below, $TAO will never trade below $700 again https://t.co/3YqUIE8vAk pic.twitter.com/k6j9hrPgln

— Harry (𝜏,𝜏) (@princeharry_za) August 12, 2025

If the price action aligns with this view, the analyst believes TAO2 (No data) could potentially 10X from current levels, exceeding $3,000. Upon reaching that level, the crypto holder claimed that TAO would not trade below $700 again.

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He is not alone in this belief. Another crypto holder draws comparisons to the Cardano surge of 2021. If TAO mirrors ADA’s performance, it could surpass $3,000, potentially reaching as high as $3,600, which would elevate its market capitalization to above $27 billion.

(Source: CryptoDona7 on X)

This uptrend mentality is grounded in the recent TAO price stability. Even though some of the top cryptocurrencies, such as BTC and Solana, experienced downturns in late July, the rebound in recent days has been significant. Like other tokens, TAO is also benefitting from supportive trends.

Should bulls thwart attempts to drive prices down, a breakout above $400, a key psychological level, could lead to additional gains above $500 and surpassing June 2025 peaks. If this occurs, TAO crypto might soar above $750 in a rejuvenating buying trend.

Grayscale’s Endorsement of Bittensor

A significant portion of this bullish outlook is fueled by institutional interest. Grayscale, a digital currency management firm, has recently collaborated with FTSE Russell to roll out the Artificial Intelligence Crypto Sector.

(Source: Grayscale)

Highlighted within this category are tokens such as Bittensor, Render, and the NEAR Platform. By incorporating these, Grayscale and FTSE acknowledge their positions as frontrunners in the development of decentralized AI infrastructure.

The backing of TAO signifies that the project is now on the radar of institutional investors.

Moreover, if Bittensor succeeds in competing against centralized AI systems by overcoming obstacles like scalability and the substantial energy requirements that drive these systems, then TAO crypto may be significantly undervalued at current rates.

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At present, the global energy requirements for training AI models continue to rise sharply. In the next five years, the total energy demand for AI training in the United States is projected to reach 50 GW by 2030.

Trillions at stake.
No one is making the connections.

How can you address the exponential market demand for AI?$TAO, training models in parallel.
Globally distributed

AI’s energy requirements are skyrocketing:

GPT-4 required 20 MW
By 2030, advanced models will need over 4,000 MW each

Total U.S. AI training energy demand:… pic.twitter.com/TMJkHbNIdf

— Andy ττ (@bittingthembits) August 12, 2025

Due to these constraints, a decentralized system capable of offering parallel AI training across a global network becomes viable and scalable. As Bittensor works on this solution, TAO crypto could represent a strategic opportunity for investors who anticipate an AI-driven future.

Safello Introduces TAO ETPs As TaoFi Connects Bittensor with Base

Safello is now offering ETPs backed by TAO to institutional investors in Europe. On August 12, Safello announced that the TAO ETP will enable access for non-crypto native investors and institutions via tax-advantaged accounts, eliminating capital gains tax obligations.

Additionally, TaoFi has recently launched a bridge connecting Bittensor with Base, an ETH layer-2 solution, aimed at integrating TAO into the DeFi ecosystem, allowing holders to earn capital gains and further yields through farming and other avenues.

The TaoFi bridge employs Hyperlane’s Interchain accounts and SNO by Sturdy, allowing users to transfer USDC from various blockchains, including Solana and Ethereum, to the Bittensor EVM in a single transaction.

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The post Is TAO Crypto Ready for $3,000? Traders Super Optimistic on Bittensor, Here’s Why appeared first on 99Bitcoins.