The early TAO price model becomes more realistic due to ecosystem development, indicating huge long‑term potential.
Bittensor >> $TAO >> #τₐcc
I wanted to reshare this old chart.
Many people have probably never seen it because of its age.
Back when it circulated in 2022/2023, it was simply a mathematical model based on TAO supply and market capitalization.
Today, looking at the numbers, can we honestly say that these projections still make sense?
Perhaps more than ever.
And this is probably the most important point:
Back then, none of this existed:
❌ No subnets.
❌ No alpha tokens.
❌ No Bitstarter.
❌ No Yuma funds.
❌ No institutional exposure.
❌ No subnet listings.
❌ No buybacks.
❌ No application economy.
The original model only considered TAO.
Today, we have:
• nearly $1B in subnet value,
• institutional products,
• application-layer economies,
• buybacks,
• external capital,
• and a growing AI ecosystem.
The assumptions behind this chart have not necessarily become less realistic.
If anything, the network has become significantly stronger than what most of us imagined four years ago.
Draw your own conclusions.⚡