$TAO down 15%

The Bittensor ecosystem is in shock as Covenant AI, its largest subnet developer, officially exits. Founder Sam Dare accuses Bittensor co-founder Jacob Steeves of "authoritarian governance" and secret token dumps.

Technically, TAO just suffered a double rejection at $360, triggering a violent slide toward $297.

When the "Brain" of decentralized AI fights its own developers, the market reacts with blood. Is this a buy-the-dip moment or the start of a structural exodus?

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