V&agrave;o th&aacute;ng 10/2025, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch c&#7911;a TAO g&#7847;n nh&#432; t&#259;ng g&#7845;p ba, t&#7915; 2,3 t&#7927; USD l&ecirc;n 7,03 t&#7927; USD, cho th&#7845;y d&ograve;ng v&#7889;n m&#7841;nh m&#7869; &#273;&#7893; v&agrave;o t&agrave;i s&#7843;n n&agrave;y.
&#272;&#7891;ng th&#7901;i, m&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch d&#7921; &#273;o&aacute;n r&#7857;ng TAO c&oacute; th&#7875; t&#259;ng g&#7845;p 10 l&#7847;n trong n&#259;m t&#7899;i, m&#7897;t con s&#7889; khi&#7871;n c&#7897;ng &#273;&#7891;ng ph&#7845;n kh&iacute;ch nh&#432;ng c&#361;ng c&#7847;n th&#7853;n tr&#7885;ng. &#272;&acirc;y c&oacute; ph&#7843;i l&agrave; kh&#7903;i &#273;&#7847;u c&#7911;a m&#7897;t chu k&#7923; t&#259;ng b&#7873;n v&#7919;ng, hay ch&#7881; l&agrave; m&#7897;t &ldquo;l&agrave;n s&oacute;ng n&oacute;ng&rdquo; c&#7911;a &#273;&#7847;u c&#417; tr&#432;&#7899;c c&#417;n b&atilde;o?
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-explosive-liquidity-and-the-story-behind-the-rally">Thanh kho&#7843;n b&ugrave;ng n&#7893; v&agrave; c&acirc;u chuy&#7879;n &#273;&#7857;ng sau &#273;&#7907;t t&#259;ng gi&aacute;</h2>

Theo <a href="https://defillama.com/chain/bittensor?tvl=false&amp;chainTokenVolume=true&amp;groupBy=monthly" target="_blank" rel="noreferrer noopener nofollow">d&#7919; li&#7879;u</a> t&#7915; DefiLlama, Bittensor (TAO) &#273;&atilde; ch&#7913;ng ki&#7871;n s&#7921; gia t&#259;ng thanh kho&#7843;n &#273;&aacute;ng kinh ng&#7841;c trong th&aacute;ng 10. T&#7893;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#273;&atilde; t&#259;ng l&ecirc;n 7,03 t&#7927; USD, g&#7847;n g&#7845;p ba l&#7847;n so v&#7899;i th&aacute;ng tr&#432;&#7899;c.
<img style="height:400px;width:640px;" decoding="async" alt="TAO volume. Source: DefiLlama" class="wp-image-763606 lazy" loading="lazy" src="https://assets.beincrypto.com/img/40NmfX_uiFrJLCzpaB0rYzP2imA=/smart/d3937fcf65f3467f8228ea63185cf3ad">Kh&#7889;i l&#432;&#7907;ng TAO. Ngu&#7891;n: <a href="https://defillama.com/chain/bittensor?tvl=false&amp;chainTokenVolume=true&amp;groupBy=monthly" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

M&#7897;t trong nh&#7919;ng y&#7871;u t&#7889; ch&iacute;nh l&agrave; s&#7921; ki&#7879;n halving, gi&#7843;m ph&aacute;t h&agrave;nh TAO h&agrave;ng ng&agrave;y xu&#7889;ng 50%, m&#7897;t &#273;&#7863;c &#273;i&#7875;m hi&#7871;m c&oacute; trong c&aacute;c d&#7921; &aacute;n blockchain AI. Nh&#432; BeInCrypto &#273;&atilde; b&aacute;o c&aacute;o, <a href="https://vn.beincrypto.com/bittensor-tao-market-surge-analysis/" target="_blank" rel="noreferrer noopener">s&#7921; ki&#7879;n halving d&#7921; ki&#7871;n v&agrave;o th&aacute;ng 12/2025 c&oacute; th&#7875; th&uacute;c &#273;&#7849;y</a> t&#259;ng tr&#432;&#7903;ng d&agrave;i h&#7841;n cho TAO.
Th&ecirc;m v&agrave;o &#273;&oacute;, c&#417; ch&#7871; <a href="https://x.com/jaltucher/status/1980283283863654693" target="_blank" rel="noreferrer noopener nofollow">&#273;&#7889;t token</a> trong qu&aacute; tr&igrave;nh &#273;&#259;ng k&yacute; subnet t&#7841;o ra &aacute;p l&#7921;c cung c&#7845;p b&#7893; sung, trong khi nhu c&#7847;u th&#7921;c t&#7871; &#273;&#7889;i v&#7899;i TAO t&#259;ng l&ecirc;n, mang l&#7841;i gi&aacute; tr&#7883; h&#7919;u h&igrave;nh trong h&#7879; sinh th&aacute;i c&#7911;a n&oacute;.
Theo nh&agrave; <a href="https://x.com/TheCryptoLark/status/1980302512423846136" target="_blank" rel="noreferrer noopener nofollow">ph&acirc;n t&iacute;ch</a> ti&#7873;n &#273;i&#7879;n t&#7917; Lark Davis, TAO &#273;&atilde; ch&iacute;nh th&#7913;c ph&aacute; v&#7905; m&ocirc; h&igrave;nh tam gi&aacute;c gi&#7843;m tr&ecirc;n bi&#7875;u &#273;&#7891; h&agrave;ng ng&agrave;y. V&ugrave;ng kh&aacute;ng c&#7921; tr&#432;&#7899;c &#273;&oacute; quanh m&#7913;c 436 USD &#273;&atilde; tr&#7903; th&agrave;nh h&#7895; tr&#7907; m&#7841;nh, trong khi ph&#7841;m vi 495&ndash;500 USD l&agrave; r&agrave;o c&#7843;n l&#7899;n ti&#7871;p theo.
N&#7871;u gi&aacute; c&oacute; th&#7875; duy tr&igrave; tr&ecirc;n c&aacute;c m&#7913;c n&agrave;y, m&#7897;t xu h&#432;&#7899;ng t&#259;ng trung h&#7841;n l&agrave; c&oacute; th&#7875; x&#7843;y ra.
<img style="height:400px;width:640px;" decoding="async" alt="TAO analysis. Source: Lark" class="wp-image-763607 lazy" loading="lazy" src="https://assets.beincrypto.com/img/YnsZ2g4jjWw-87aSgV5BykgioJ0=/smart/cc30fd46586847539d6d34d09e02dbf7">Ph&acirc;n t&iacute;ch TAO. Ngu&#7891;n: <a href="https://x.com/TheCryptoLark/status/1980302512423846136" target="_blank" rel="noreferrer noopener nofollow">Lark</a>

M&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng <a href="https://x.com/crypto_rand/status/1980199477937144252" target="_blank" rel="noreferrer noopener nofollow">tin r&#7857;ng</a> l&#7897; tr&igrave;nh Bittensor m&#7899;i b&#7883; r&ograve; r&#7881; c&oacute; th&#7875; l&agrave; ch&igrave;a kh&oacute;a cho &#273;&#7907;t t&#259;ng gi&aacute; ti&#7871;p theo, v&#7899;i Crypto Rand &#273;&#7863;t m&#7909;c ti&ecirc;u &#7903; m&#7913;c 740 USD v&agrave; sau &#273;&oacute; l&agrave; 1,000 USD.
Tuy nhi&ecirc;n, kh&ocirc;ng ph&#7843;i ai c&#361;ng l&#7841;c quan. Nh&agrave; ph&acirc;n t&iacute;ch AltcoinSherpa <a href="https://x.com/AltcoinSherpa/status/1980440163303215469" target="_blank" rel="noreferrer noopener nofollow">khuy&ecirc;n</a> n&ecirc;n ch&#7901; &#273;&#7907;i c&aacute;c t&iacute;n hi&#7879;u x&aacute;c nh&#7853;n r&otilde; r&agrave;ng h&#417;n ho&#7863;c m&#7897;t giai &#273;o&#7841;n t&iacute;ch l&#361;y m&#7899;i tr&#432;&#7899;c khi tham gia &#273;&#7875; tr&aacute;nh r&#7911;i ro &#273;i&#7873;u ch&#7881;nh ng&#7855;n h&#7841;n, <a href="https://vn.beincrypto.com/zec-price-pullback-might-not-affect-ongoing-rally/" target="_blank" rel="noreferrer noopener">t&#432;&#417;ng t&#7921; nh&#432; nh&#7919;ng g&igrave; &#273;&atilde; x&#7843;y ra g&#7847;n &#273;&acirc;y v&#7899;i ZEC</a>.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-tao-analysis-supercycle-signals-or-overhyped-expectations">Ph&acirc;n t&iacute;ch TAO: T&iacute;n hi&#7879;u si&ecirc;u chu k&#7923; hay k&#7923; v&#7885;ng qu&aacute; m&#7913;c?</h2>

T&#7915; g&oacute;c &#273;&#7897; c&#417; b&#7843;n, ph&acirc;n t&iacute;ch TAO cho th&#7845;y ti&#7873;m n&#259;ng t&#259;ng tr&#432;&#7903;ng d&agrave;i h&#7841;n m&#7841;nh m&#7869;. S&#7921; k&#7871;t h&#7907;p gi&#7919;a vi&#7879;c c&#7855;t gi&#7843;m cung do halving v&agrave; &#273;&#259;ng k&yacute; subnet &#273;&#7889;t token &#273;&atilde; t&#7841;o ra m&#7897;t m&ocirc; h&igrave;nh kinh t&#7871; gi&#7843;m ph&aacute;t t&#7921; nhi&ecirc;n, t&#432;&#417;ng t&#7921; nh&#432; c&aacute;c chu k&#7923; t&#259;ng gi&aacute; tr&#432;&#7899;c &#273;&acirc;y c&#7911;a <a href="https://beincrypto.com/learn/what-is-bitcoin/" target="_blank" rel="noreferrer noopener">Bitcoin</a>.
H&#417;n n&#7919;a, s&#7921; m&#7903; r&#7897;ng nhanh ch&oacute;ng c&#7911;a l&#297;nh v&#7921;c AI phi t&#7853;p trung, n&#417;i Bittensor &#273;&#7883;nh v&#7883; m&igrave;nh l&agrave; &ldquo;c&#417; s&#7903; h&#7841; t&#7847;ng Web3 cho AI,&rdquo; cung c&#7845;p nhu c&#7847;u b&#7873;n v&#7919;ng cho TAO.
Theo Decode, v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng c&#7911;a Bittensor (~4 t&#7927; USD) v&#7851;n c&oacute; v&#7867; b&#7883; &#273;&aacute;nh gi&aacute; th&#7845;p so v&#7899;i c&aacute;c &#273;&#7889;i th&#7911; nh&#432; Cardano (h&#417;n 40 t&#7927; USD), &#273;&#7863;c bi&#7879;t khi TAO h&#7895; tr&#7907; 125 subnet ho&#7841;t &#273;&#7897;ng t&#7841;o ra gi&aacute; tr&#7883; th&#7921;c t&#7871;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;AI l&agrave; xu h&#432;&#7899;ng c&ocirc;ng ngh&#7879; l&#7899;n, v&agrave; &#273;&#7883;nh gi&aacute; th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n &#273;ang khi&#7871;n Bittensor tr&ocirc;ng r&#7845;t, r&#7845;t r&#7867;,&rdquo; nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/decodejar/status/1980437851063177283" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
</blockquote>

M&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng <a href="https://x.com/jaltucher/status/1980283283863654693" target="_blank" rel="noreferrer noopener nofollow">l&#7853;p lu&#7853;n</a> r&#7857;ng n&#7871;u c&aacute;c s&#7843;n ph&#7849;m t&#7893; ch&#7913;c nh&#432; Grayscale TAO ETF &#273;&#432;&#7907;c ra m&#7855;t, v&#7889;n t&#7893; ch&#7913;c c&oacute; th&#7875; &#273;&#7893; v&agrave;o m&#7841;nh m&#7869;, c&oacute; kh&#7843; n&#259;ng &#273;&#7849;y gi&aacute; l&ecirc;n t&#7899;i 2,100 USD, d&#7921;a tr&ecirc;n vi&#7879;c &#273;&#7883;nh gi&aacute; 20 subnet &#7903; m&#7913;c 1 t&#7927; USD m&#7895;i c&aacute;i, theo James Altucher.
Tuy nhi&ecirc;n, c&#7847;n ph&#7843;i th&#7921;c t&#7871;. Nh&#7919;ng d&#7921; b&aacute;o &ldquo;si&ecirc;u chu k&#7923;&rdquo; n&agrave;y v&#7851;n c&ograve;n r&#7845;t mang t&iacute;nh &#273;&#7847;u c&#417;. Xu h&#432;&#7899;ng gi&aacute; c&#7911;a Bitcoin v&agrave; c&aacute;c chu k&#7923; thanh kho&#7843;n to&agrave;n c&#7847;u v&#7851;n &#7843;nh h&#432;&#7903;ng n&#7863;ng n&#7873; &#273;&#7871;n th&#7883; tr&#432;&#7901;ng altcoin. TAO c&oacute; th&#7875; &#273;&#7889;i m&#7863;t v&#7899;i s&#7921; &#273;i&#7873;u ch&#7881;nh &#273;&aacute;ng k&#7875; n&#7871;u BTC tr&#7843;i qua s&#7921; s&#7909;t gi&#7843;m m&#7841;nh ho&#7863;c v&#7889;n r&uacute;t kh&#7887;i c&aacute;c t&agrave;i s&#7843;n li&ecirc;n quan &#273;&#7871;n AI.

Bên trong sự bùng nổ của TAO: Phân tích dự đoán giá tăng gấp 10 lần của Bittensor

V&agrave;o th&aacute;ng 10/2025, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch c&#7911;a TAO g&#7847;n nh&#432; t&#259;ng g&#7845;p ba, t&#7915; 2,3 t&#7927; USD l&ecirc;n 7,03 t&#7927; USD, cho th&#7845;y d&ograve;ng v&#7889;n m&#7841;nh m&#7869; &#273;&#7893; v&agrave;o t&agrave;i s&#7843;n n&agrave;y.
&#272;&#7891;ng th&#7901;i, m&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch d&#7921; &#273;o&aacute;n r&#7857;ng TAO c&oacute; th&#7875; t&#259;ng g&#7845;p 10 l&#7847;n trong n&#259;m t&#7899;i, m&#7897;t con s&#7889; khi&#7871;n c&#7897;ng &#273;&#7891;ng ph&#7845;n kh&iacute;ch nh&#432;ng c&#361;ng c&#7847;n th&#7853;n tr&#7885;ng. &#272;&acirc;y c&oacute; ph&#7843;i l&agrave; kh&#7903;i &#273;&#7847;u c&#7911;a m&#7897;t chu k&#7923; t&#259;ng b&#7873;n v&#7919;ng, hay ch&#7881; l&agrave; m&#7897;t &ldquo;l&agrave;n s&oacute;ng n&oacute;ng&rdquo; c&#7911;a &#273;&#7847;u c&#417; tr&#432;&#7899;c c&#417;n b&atilde;o?
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-explosive-liquidity-and-the-story-behind-the-rally">Thanh kho&#7843;n b&ugrave;ng n&#7893; v&agrave; c&acirc;u chuy&#7879;n &#273;&#7857;ng sau &#273;&#7907;t t&#259;ng gi&aacute;</h2>

Theo <a href="https://defillama.com/chain/bittensor?tvl=false&amp;chainTokenVolume=true&amp;groupBy=monthly" target="_blank" rel="noreferrer noopener nofollow">d&#7919; li&#7879;u</a> t&#7915; DefiLlama, Bittensor (TAO) &#273;&atilde; ch&#7913;ng ki&#7871;n s&#7921; gia t&#259;ng thanh kho&#7843;n &#273;&aacute;ng kinh ng&#7841;c trong th&aacute;ng 10. T&#7893;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#273;&atilde; t&#259;ng l&ecirc;n 7,03 t&#7927; USD, g&#7847;n g&#7845;p ba l&#7847;n so v&#7899;i th&aacute;ng tr&#432;&#7899;c.
<img style="height:400px;width:640px;"decoding="async" alt="TAO volume. Source: DefiLlama" class="wp-image-763606 lazy" loading="lazy" src="https://assets.beincrypto.com/img/40NmfX_uiFrJLCzpaB0rYzP2imA=/smart/d3937fcf65f3467f8228ea63185cf3ad">Kh&#7889;i l&#432;&#7907;ng TAO. Ngu&#7891;n: <a href="https://defillama.com/chain/bittensor?tvl=false&amp;chainTokenVolume=true&amp;groupBy=monthly" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

M&#7897;t trong nh&#7919;ng y&#7871;u t&#7889; ch&iacute;nh l&agrave; s&#7921; ki&#7879;n halving, gi&#7843;m ph&aacute;t h&agrave;nh TAO h&agrave;ng ng&agrave;y xu&#7889;ng 50%, m&#7897;t &#273;&#7863;c &#273;i&#7875;m hi&#7871;m c&oacute; trong c&aacute;c d&#7921; &aacute;n blockchain AI. Nh&#432; BeInCrypto &#273;&atilde; b&aacute;o c&aacute;o, <a href="https://vn.beincrypto.com/bittensor-tao-market-surge-analysis/" target="_blank" rel="noreferrer noopener">s&#7921; ki&#7879;n halving d&#7921; ki&#7871;n v&agrave;o th&aacute;ng 12/2025 c&oacute; th&#7875; th&uacute;c &#273;&#7849;y</a> t&#259;ng tr&#432;&#7903;ng d&agrave;i h&#7841;n cho TAO.
Th&ecirc;m v&agrave;o &#273;&oacute;, c&#417; ch&#7871; <a href="https://x.com/jaltucher/status/1980283283863654693" target="_blank" rel="noreferrer noopener nofollow">&#273;&#7889;t token</a> trong qu&aacute; tr&igrave;nh &#273;&#259;ng k&yacute; subnet t&#7841;o ra &aacute;p l&#7921;c cung c&#7845;p b&#7893; sung, trong khi nhu c&#7847;u th&#7921;c t&#7871; &#273;&#7889;i v&#7899;i TAO t&#259;ng l&ecirc;n, mang l&#7841;i gi&aacute; tr&#7883; h&#7919;u h&igrave;nh trong h&#7879; sinh th&aacute;i c&#7911;a n&oacute;.
Theo nh&agrave; <a href="https://x.com/TheCryptoLark/status/1980302512423846136" target="_blank" rel="noreferrer noopener nofollow">ph&acirc;n t&iacute;ch</a> ti&#7873;n &#273;i&#7879;n t&#7917; Lark Davis, TAO &#273;&atilde; ch&iacute;nh th&#7913;c ph&aacute; v&#7905; m&ocirc; h&igrave;nh tam gi&aacute;c gi&#7843;m tr&ecirc;n bi&#7875;u &#273;&#7891; h&agrave;ng ng&agrave;y. V&ugrave;ng kh&aacute;ng c&#7921; tr&#432;&#7899;c &#273;&oacute; quanh m&#7913;c 436 USD &#273;&atilde; tr&#7903; th&agrave;nh h&#7895; tr&#7907; m&#7841;nh, trong khi ph&#7841;m vi 495&ndash;500 USD l&agrave; r&agrave;o c&#7843;n l&#7899;n ti&#7871;p theo.
N&#7871;u gi&aacute; c&oacute; th&#7875; duy tr&igrave; tr&ecirc;n c&aacute;c m&#7913;c n&agrave;y, m&#7897;t xu h&#432;&#7899;ng t&#259;ng trung h&#7841;n l&agrave; c&oacute; th&#7875; x&#7843;y ra.
<img style="height:400px;width:640px;"decoding="async" alt="TAO analysis. Source: Lark" class="wp-image-763607 lazy" loading="lazy" src="https://assets.beincrypto.com/img/YnsZ2g4jjWw-87aSgV5BykgioJ0=/smart/cc30fd46586847539d6d34d09e02dbf7">Ph&acirc;n t&iacute;ch TAO. Ngu&#7891;n: <a href="https://x.com/TheCryptoLark/status/1980302512423846136" target="_blank" rel="noreferrer noopener nofollow">Lark</a>

M&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng <a href="https://x.com/crypto_rand/status/1980199477937144252" target="_blank" rel="noreferrer noopener nofollow">tin r&#7857;ng</a> l&#7897; tr&igrave;nh Bittensor m&#7899;i b&#7883; r&ograve; r&#7881; c&oacute; th&#7875; l&agrave; ch&igrave;a kh&oacute;a cho &#273;&#7907;t t&#259;ng gi&aacute; ti&#7871;p theo, v&#7899;i Crypto Rand &#273;&#7863;t m&#7909;c ti&ecirc;u &#7903; m&#7913;c 740 USD v&agrave; sau &#273;&oacute; l&agrave; 1,000 USD.
Tuy nhi&ecirc;n, kh&ocirc;ng ph&#7843;i ai c&#361;ng l&#7841;c quan. Nh&agrave; ph&acirc;n t&iacute;ch AltcoinSherpa <a href="https://x.com/AltcoinSherpa/status/1980440163303215469" target="_blank" rel="noreferrer noopener nofollow">khuy&ecirc;n</a> n&ecirc;n ch&#7901; &#273;&#7907;i c&aacute;c t&iacute;n hi&#7879;u x&aacute;c nh&#7853;n r&otilde; r&agrave;ng h&#417;n ho&#7863;c m&#7897;t giai &#273;o&#7841;n t&iacute;ch l&#361;y m&#7899;i tr&#432;&#7899;c khi tham gia &#273;&#7875; tr&aacute;nh r&#7911;i ro &#273;i&#7873;u ch&#7881;nh ng&#7855;n h&#7841;n, <a href="https://vn.beincrypto.com/zec-price-pullback-might-not-affect-ongoing-rally/" target="_blank" rel="noreferrer noopener">t&#432;&#417;ng t&#7921; nh&#432; nh&#7919;ng g&igrave; &#273;&atilde; x&#7843;y ra g&#7847;n &#273;&acirc;y v&#7899;i ZEC</a>.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-tao-analysis-supercycle-signals-or-overhyped-expectations">Ph&acirc;n t&iacute;ch TAO: T&iacute;n hi&#7879;u si&ecirc;u chu k&#7923; hay k&#7923; v&#7885;ng qu&aacute; m&#7913;c?</h2>

T&#7915; g&oacute;c &#273;&#7897; c&#417; b&#7843;n, ph&acirc;n t&iacute;ch TAO cho th&#7845;y ti&#7873;m n&#259;ng t&#259;ng tr&#432;&#7903;ng d&agrave;i h&#7841;n m&#7841;nh m&#7869;. S&#7921; k&#7871;t h&#7907;p gi&#7919;a vi&#7879;c c&#7855;t gi&#7843;m cung do halving v&agrave; &#273;&#259;ng k&yacute; subnet &#273;&#7889;t token &#273;&atilde; t&#7841;o ra m&#7897;t m&ocirc; h&igrave;nh kinh t&#7871; gi&#7843;m ph&aacute;t t&#7921; nhi&ecirc;n, t&#432;&#417;ng t&#7921; nh&#432; c&aacute;c chu k&#7923; t&#259;ng gi&aacute; tr&#432;&#7899;c &#273;&acirc;y c&#7911;a <a href="https://beincrypto.com/learn/what-is-bitcoin/" target="_blank" rel="noreferrer noopener">Bitcoin</a>.
H&#417;n n&#7919;a, s&#7921; m&#7903; r&#7897;ng nhanh ch&oacute;ng c&#7911;a l&#297;nh v&#7921;c AI phi t&#7853;p trung, n&#417;i Bittensor &#273;&#7883;nh v&#7883; m&igrave;nh l&agrave; &ldquo;c&#417; s&#7903; h&#7841; t&#7847;ng Web3 cho AI,&rdquo; cung c&#7845;p nhu c&#7847;u b&#7873;n v&#7919;ng cho TAO.
Theo Decode, v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng c&#7911;a Bittensor (~4 t&#7927; USD) v&#7851;n c&oacute; v&#7867; b&#7883; &#273;&aacute;nh gi&aacute; th&#7845;p so v&#7899;i c&aacute;c &#273;&#7889;i th&#7911; nh&#432; Cardano (h&#417;n 40 t&#7927; USD), &#273;&#7863;c bi&#7879;t khi TAO h&#7895; tr&#7907; 125 subnet ho&#7841;t &#273;&#7897;ng t&#7841;o ra gi&aacute; tr&#7883; th&#7921;c t&#7871;.
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&ldquo;AI l&agrave; xu h&#432;&#7899;ng c&ocirc;ng ngh&#7879; l&#7899;n, v&agrave; &#273;&#7883;nh gi&aacute; th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n &#273;ang khi&#7871;n Bittensor tr&ocirc;ng r&#7845;t, r&#7845;t r&#7867;,&rdquo; nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/decodejar/status/1980437851063177283" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
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M&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng <a href="https://x.com/jaltucher/status/1980283283863654693" target="_blank" rel="noreferrer noopener nofollow">l&#7853;p lu&#7853;n</a> r&#7857;ng n&#7871;u c&aacute;c s&#7843;n ph&#7849;m t&#7893; ch&#7913;c nh&#432; Grayscale TAO ETF &#273;&#432;&#7907;c ra m&#7855;t, v&#7889;n t&#7893; ch&#7913;c c&oacute; th&#7875; &#273;&#7893; v&agrave;o m&#7841;nh m&#7869;, c&oacute; kh&#7843; n&#259;ng &#273;&#7849;y gi&aacute; l&ecirc;n t&#7899;i 2,100 USD, d&#7921;a tr&ecirc;n vi&#7879;c &#273;&#7883;nh gi&aacute; 20 subnet &#7903; m&#7913;c 1 t&#7927; USD m&#7895;i c&aacute;i, theo James Altucher.
Tuy nhi&ecirc;n, c&#7847;n ph&#7843;i th&#7921;c t&#7871;. Nh&#7919;ng d&#7921; b&aacute;o &ldquo;si&ecirc;u chu k&#7923;&rdquo; n&agrave;y v&#7851;n c&ograve;n r&#7845;t mang t&iacute;nh &#273;&#7847;u c&#417;. Xu h&#432;&#7899;ng gi&aacute; c&#7911;a Bitcoin v&agrave; c&aacute;c chu k&#7923; thanh kho&#7843;n to&agrave;n c&#7847;u v&#7851;n &#7843;nh h&#432;&#7903;ng n&#7863;ng n&#7873; &#273;&#7871;n th&#7883; tr&#432;&#7901;ng altcoin. TAO c&oacute; th&#7875; &#273;&#7889;i m&#7863;t v&#7899;i s&#7921; &#273;i&#7873;u ch&#7881;nh &#273;&aacute;ng k&#7875; n&#7871;u BTC tr&#7843;i qua s&#7921; s&#7909;t gi&#7843;m m&#7841;nh ho&#7863;c v&#7889;n r&uacute;t kh&#7887;i c&aacute;c t&agrave;i s&#7843;n li&ecirc;n quan &#273;&#7871;n AI.