TAO drops 30% from its weekly high, confirming fractal setups that projected deeper downside targets for the token in the past.
Bittensor’s TAO token may drop by up to 45% in the coming weeks as Covenant AI, one of its top subnet operators, publicly announced its full exit from the ecosystem.
Key takeaways:
Covenant AI accused Bittensor of being centralized, leading to a 30% drop in TAO prices.
