Why This Expert Sees Bittensor (TAO) Hitting Trillion-Dollar Valuation In The Next 10 Years

Amid a challenging phase for crypto prices, Bittensor (TAO) has emerged as a standout performer, recording substantial gains while the broader market grapples with its continuous ￰0￱ major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) continue to experience corrections following the flash crash on October 10, TAO has surged by over 40% in the past week, according to data from ￰1￱ impressive performance has led market expert Quinten Francois to make a bold prediction: he believes Bittensor’s native token, TAO, could achieve a trillion-dollar valuation in less than 12 years. TAO, ETH, LINK As Top Trillion-Dollar Contenders In a recent social media post on X (previously Twitter), Francois highlights that the most intriguing aspect of TAO is its trajectory, which he argues should align with Reed’s Law rather than Metcalfe’s Law, the principle often associated with Bitcoin’s ￰2￱ reached its trillion-dollar market cap in 2021, just 12 years after its ￰3￱ to the expert’s theory, Bittensor could replicate or even expedite this ￰4￱ elaborate, Metcalfe’s Law posits that the value of a network increases proportionally to the square of its number of ￰5￱ the context of Bitcoin, this means that as more individuals adopt and hold the cryptocurrency, its market value escalates exponentially.

Conversely, Reed’s Law suggests that a network’s value grows exponentially with the number of user groups or ￰6￱ Bittensor, this translates to its 128 subnets, which could significantly enhance the network’s overall value, creating what the expert refers to as a “network effect of network effects.” Francois asserts that this structure positions Bittensor to increase in value at a faster pace than ￰7￱ describes investing in Bittensor as an asymmetrical bet, emphasizing its potential to become a trillion-dollar ￰8￱ also identifies Bittensor, alongside Ethereum and Chainlink (LINK), as the main contenders in crypto with the highest likelihood of reaching a trillion-dollar market cap, while noting that others like Binance Coin (BNB) and Solana (SOL), face “limitations” that may hinder their ￰9￱ Factors For Bittensor’s Success Another key element for this prediction is Bittensor’s model and economic incentives for artificial intelligence (AI) projects to develop within its ￰10￱ only 128 subnet positions available, competition is ￰11￱ subnet must maintain high performance to retain its spot, as new entrants pay a fee in TAO, pushing the least-performing subnet ￰12￱ “Hunger Games” style competition ensures that quality remains high among the subnets and that they collectively earn a portion of the newly minted TAO.

Notably, Bittensor’s tokenomics are designed to mirror those of Bitcoin, featuring a maximum supply of 21 million TAO and a Halving event approximately every four ￰13￱ to Francois, the network’s tokenomic structure , combined with the competitive environment fostered by the subnet model, is intended to generate substantial long-term value. Ultimately, the expert believes that TAO is positioned to evolve into a trillion-dollar asset, possibly achieving this milestone by 2030 or ￰14￱ points to the project’s first-mover advantage in decentralized AI, its competition model, and economic incentives as key factors propelling it toward this ambitious ￰15￱ image from DALL-E, chart from ￰16￱