TAO down 72% from high as revenue doubles to $70M and supply halves
bittingthembits · x · 2026-11-14
A breakdown of the divergence in $TAO: the token is down 72% from its high, yet revenue doubled from $35M to $70M in two months. New daily supply has halved to 3,600 tokens and 70% of supply is staked — price down, revenue up, supply shrinking. Author adds the usual NFA/DYOR disclaimer.
More from Venture
- LangChain investor shares the original 4-slide Series A deck from April 2023 — BraceSproul · 2026-11-14
- Nvidia's $530B backstop for AI customers: the six assumptions that must hold — iamKierraD · 2026-11-14
- Bindu Reddy: the AI bubble bursting is a very good thing — bindureddy · 2026-11-14
- Substack creator hit by refund fraud: 13 accounts, instant refunds, $130 lost — petergyang · 2026-11-14
- Nvidia and Anthropic are rivals in rhetoric, intertwined in equity — kevinsxu · 2026-11-14
- Polymarket puts Arm CEO Rene Haas at 33% to succeed Jensen Huang after FT report of Nvidia board approach — Polymarket · 2026-11-14