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In just three years, Bittensor (TAO) has risen to become the top AI crypto token by market cap. In 2026, it is up 47% as of the time of writing, with a market cap of $3.5 billion.
Bittensor is a Layer-1 blockchain network for AI projects and is positioned as a major beneficiary of the growing overlap between blockchain technology and artificial intelligence. The trend was highlighted by Cathie Wood of Ark Invest in the 2024 “Big Ideas” report, and the article argues that if momentum continues over the next three years, it could unlock significant value for Bittensor.
Bittensor is an open-source, decentralized network designed for the training and development of AI and machine learning models on a global scale. The article notes that multiple AI projects have launched on Bittensor, but says there is currently no high-profile project that has captured broad attention from everyday investors.
It also states that decentralized large language models (LLMs) running on Bittensor are not yet comparable in power and robustness to centralized LLMs built by Silicon Valley tech firms. However, it points to a March comment from Nvidia CEO Jensen Huang acknowledging the growing appeal and power of decentralized AI.
One area highlighted for Bittensor over the next three years is “agentic AI.” The article cites MyShell as a prominent Bittensor-based agent project, describing it as having more than 6 million users and more than 265,000 AI agents created.
The implication is that if AI agent projects like MyShell reach mainstream adoption, it could drive a sharp repricing of Bittensor.
The article presents an aggressive valuation scenario: in one model, Bittensor could trade at more than $2,200 by 2030, assuming plans play out as expected. It frames this as roughly a 7x gain from a cited current price of $320.
The article cautions that the AI investment bubble could burst at any time, which would likely weigh on Bittensor as well. It characterizes AI crypto tokens as more speculative than AI stocks and notes that, in crypto, tokens can go to zero.
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