3 Reasons Why TAO Could Be the Next Big AI Token After DeepSeek News

• TAO is primed for growth following DeepSeek’s success, highlighting the power of open-source AI.
• TAO is currently trading around $400, presenting a potential accumulation opportunity before a significant price surge.
• With a strong foundation and a growing ecosystem, $TAO is positioned for significant growth, with potential targets exceeding $700.

Bittensor’s native token TAO is in the limelight amidst DeepSeek’s recent breakthrough, demonstrating the power of open-source AI. DeepSeek, a Chinese AI startup, unveiled DeepSeek-V3, built at a fraction of the cost compared to OpenAI, Meta. The launch has sent a ripple effect through the tech and the crypto market.

Projects like Bittensor, a decentralized network focused on open and collaborative AI development, has been a strong advocate for the advantages of open-source models.

Additionally, DeepSeek’s cost-effective approach of achieving remarkable output via usage of lower-grade hardware aligns perfectly with Bittensor’s vision of democratizing AI access. By leveraging open-source principles and fostering community collaboration, Bittensor aims to create a more equitable and decentralized AI landscape.

Besides that the decentralized AI network, is also gaining traction for its subnets. Built on the OpenTensor platform, showcase the power of open-source innovation. Former COO James Woodman emphasized the unique strength of this decentralized approach, stating,

The subnets on @opentensor are becoming a kind of mirror held up to the world of AI, reflecting back the tremendous diversity enabled by our collective intelligence. No closed-source company can compete.

Woodman highlighted the inherent advantage of leveraging and incentivizing the highest quality open-source AI research within the Bittensor ecosystem. He further suggested a novel marketing strategy: “Maybe it’s time for Subnet projects to start airdropping % of their tokens to $TAO stakers. Best marketing strategy I can think of rn. Think what happened with Atom and Cosmos last cycle.”

TAO’s Airdrop Strategy Could be a Catalyst for Growth

This strategy is a reminder of the success of Cosmos and its ATOM token, further incentivizing development and adoption within the Bittensor ecosystem. By rewarding early supporters and contributors, Bittensor can solidify its standing as a leading force in the decentralized AI revolution.

Currently trading around $400, Bittensor’s native token TAO is likely in an accumulation phase, presenting a potential entry point for investors. The recent success of DeepSeek has sparked interest in projects like Bittensor and its potential for significant growth.

Source: Crypto Raven

With a strong foundation, a growing community, and a focus on open-source innovation, $TAO is poised for a breakout and could potentially reach price targets above $700.