$TAO surged sharply, mainly related to the craze of AI + blockchain, coupled with some specific positive news.
The AI sector is booming, Bittensor is the leader, and TAO is the token of Bittensor. This project focuses on decentralized artificial intelligence (DeAI), simply put, it allows global AI developers to contribute computing power, train models, and then share the profits.
Recently, Nvidia's (NVIDIA) stock price skyrocketed, the AI concept is hot (such as OpenAI, ChatGPT), and funds have begun to speculate on AI + blockchain projects. As the leader in this field, TAO has naturally been frantically sought after.
If the AI sector cools down or the market corrects, TAO may experience a significant pullback. Do not blindly chase at this time.
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