Key Takeaways
- • Grayscale's Bittensor Trust signed with Coinbase on September 29 to hold part of its TAO holdings alongside BitGo, per an SEC filing dated October 5, creating a two-custodian arrangement.
- • TAO traded at $282.22 per CoinMarketCap, roughly 9% below its $308.88 October 7 high, according to CryptoTicker.
- • TAO's supply is capped at 21 million coins, with 11.34 million in circulation, per CryptoTicker.
- • CoinGabbar's October 1 chart outlines $341 as the key resistance level, with $406.36 and $484.85 as upside targets, and $280.34 as the floor.
- • The article is a sponsored promotion for the Pepeto presale, which the publisher describes as having raised over $11.2 million; its claims are not independently verified.
Summary
Grayscale's Bittensor Trust has added Coinbase as a custodian for part of its TAO holdings, with BitGo remaining the primary keeper. According to an SEC filing dated October 5, the arrangement was signed September 29. The publisher argues that a second custodian reduces the risk that a single failure could freeze the entire fund.
As of the article's reporting, TAO traded at $282.22 per CoinMarketCap, about 9% below its $308.88 high from October 7, according to CryptoTicker. CryptoTicker also reports a fixed supply cap of 21 million coins, with 11.34 million currently in existence. Other tracked data cited in related coverage placed TAO near $294 in a separate report, reflecting the volatility of the asset.
Technical levels cited by CoinGabbar's October 1 analysis identify $341 as the next resistance point. A sustained break above that level could open targets of $406.36 and $484.85, while $280.34 marks the floor the chart identifies. The article notes $300.92 as support lost after October 7. These are analyst projections rather than forecasts from institutional sources, and readers should weigh them accordingly.
A substantial portion of the article is promotional material for Pepeto, a presale token that the publisher describes as an exchange with an AI-based contract scanner. The claims about Pepeto's fundraising, staking yields, and projected returns come from the promotional text and have not been independently verified. Institutional allocators should treat that content as advertising rather than market analysis.
As of the article's reporting, TAO traded at $282.22 per CoinMarketCap, about 9% below its $308.88 high from October 7, according to CryptoTicker. CryptoTicker also reports a fixed supply cap of 21 million coins, with 11.34 million currently in existence. Other tracked data cited in related coverage placed TAO near $294 in a separate report, reflecting the volatility of the asset.
Technical levels cited by CoinGabbar's October 1 analysis identify $341 as the next resistance point. A sustained break above that level could open targets of $406.36 and $484.85, while $280.34 marks the floor the chart identifies. The article notes $300.92 as support lost after October 7. These are analyst projections rather than forecasts from institutional sources, and readers should weigh them accordingly.
A substantial portion of the article is promotional material for Pepeto, a presale token that the publisher describes as an exchange with an AI-based contract scanner. The claims about Pepeto's fundraising, staking yields, and projected returns come from the promotional text and have not been independently verified. Institutional allocators should treat that content as advertising rather than market analysis.
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