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Once a leader in the AI track, $WLD has fallen even harder than MEME coins. Will the current AI leader $TAO follow the same path?
WLD is the absolute leader in the AI track in 2024, rising from 0.97 to 11.9, a tenfold increase that completely ignited market sentiment. Countless retail investors bought at high prices, many above $10. WLD was not just an air coin back then; it had offline data collection in top global cities, funded impoverished children in the third world, and had the backing of OpenAI's founder. At that time, the copycat coin had top-tier narratives, but the final outcome was a 99% drop from the high.
TAO's current narrative is as the AI track leader, endorsed by Nvidia's founder, with hype around subnets. The total supply is 21 million, making it the most decentralized AI project. Looking at all AI cryptocurrencies in the crypto space, TAO is indeed the most valuable. When TAO was below 200, I published multiple posts optimistic about it. But back then, most people thought it was just a worthless air coin. Now that the price has risen, many see it as a value coin. My current view is very clear: if you bought earlier, hold on. If you haven't, it's best to stay on the sidelines. This year is a bear market, so even if you are optimistic about TAO, there will still be opportunities to buy at lower prices in the second half of the year. Just be patient. When the time and price are right for TAO, I will give a signal.