Bittensor (Tao) - Number 1 AI pick

[JamesDaniel90]

Looking at the AI category on Coinmarketcap Bittensor (TAO) is currently number 1 with a $1.6B market cap.

I have heard many say this can be the number 1 for many years and potentially hit $50b market cap by 2029.

I don't know too much about it, but thinking if we are in a bear market now for many months then I will start buying if it falls down to $1b market cap to then hopefully see pretty good returns next few years.

Anyone invested? Do we think it can hit $50b next few years or is it overhyped?

[bangjoe]

You should analyze from the fundamentals first not in terms of current capitalization because it could be due to hype, we must look at what they offer to their community and to users of their services if you have a reason why TAO will get a large market capitalization in 2029 then you don't need to ask anymore “should I buy?”, with the development of AI and the increasing adoption of AI we must have complete data about the long-term projects and how the AI industry will increase in the future. ", with the development of AI and the increasing adoption of AI we must have complete data about the long-term project and how the AI industry will increase in the future, if you find that the project you have is unlikely to survive in the long run because the model is easy to imitate or is already common, why should you buy market goods right?