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flag Bittensor’s TAO token surged 44% to $298.66 amid a major AI milestone and podcast hype, but remains down 61% from its 2024 peak.

flag Bittensor’s TAO token rose 44% in seven days and hit $298.66, fueled by a high-profile mention on the All-In Podcast and a major decentralized AI milestone: Covenant-72B, a 72-billion-parameter language model trained across global contributors using standard hardware, achieved a 67.1 MMLU score. flag The surge followed a volume spike and a breakout attempt from a five-month pattern, with resistance near $302. flag While the network’s decentralized AI subnetworks show promise, TAO remains volatile and down 61% from its 2024 peak, with long-term success dependent on sustained AI demand and regulatory developments like a potential Grayscale ETF.

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