Trader Updates Outlook on Altcoin That’s Exploded 900% in Less Than Four Months, Issues Warning on Solana

Trader Updates Outlook on Altcoin That’s Exploded 900% in Less Than Four Months, Issues Warning on Solana


A closely followed crypto strategist believes that one artificial intelligence (AI) related altcoin project could still move higher even after already seeing heavy gains.

Pseudonymous analyst Altcoin Sherpa tells his 206,900 followers on the social media platform X that Bittensor (TAO), a decentralized blockchain platform that focuses on machine learning and AI, could soar more than 33% from its current value.

“TAO: I remember buying this at $120 and then selling it quickly. Pain. Still very bullish on this one and $600 is the next area up if this current level gets broken. That $220 .50 [Fibonacci] area was a great entry. Woulda coulda shoulda.”

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Source: Altcoin Sherpa/X

TAO is trading for $450.89 at time of writing, a staggering 880% rally since it was trading

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