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This $TAO drawdown feels like it’s getting into oversold territory at $240~ . Sure it wasn’t optimal for the project but it wasn’t detrimental. Nothing had fundamentally changed.
I think that $300 TAO is going to become a reality in the near future and that this nuke is an opportunity.
The founder is doing a QnA later today regarding the new locking idea that he wanted to put to a vote. This will help what happened with Covenant AI to never happen again