TAO Price Prediction Stalls as Pepeto Presale Gains Market Attention Past $8M

The AI token sector just went through one of its ugliest weeks in months. TAO crashed over 25% after Covenant AI exited Bittensor and dumped around 37,000 tokens worth roughly $10 million, wiping close to $900M from the network's cap while traders argued whether the governance story is permanently broken. Buying interest has already rotated toward early stage plays, and Pepeto (https://pepeto.io/) sits at the top of that list after crossing above $8.1M raised ahead of the confirmed Binance listing.

Covenant AI exit drags the entire Bittensor ecosystem below key support

The Covenant AI departure was not a quiet exit. According to CoinDesk, the subnet operator sold roughly 37,000 TAO worth about $10.2 million while publicly accusing Bittensor cofounder Jacob Steeves of running the project as decentralization theatre. CoinMarketCap tracked TAO's drop to $258.32, RSI crashed below 16 at the flush low, and over $10 million in long liquidations stacked on top. Grayscale still holds 43% of its AI Fund in TAO, but sentiment cracked fast and the chart is bleeding below $270.

Why Pepeto keeps clearing milestones while TAO price prediction stalls below $300

Pepeto presale, the meme layer with a working exchange stack

Pepeto enters this cycle as the meme layer most traders keep underestimating, pairing Pepe heritage branding with a working exchange stack that solves real problems for the average wallet. Pepeto (https://pepeto.io/) runs a zero fee cross chain swap engine where any token moves across any chain without trading fees, and a cross chain bridge built to shift holdings across networks while skipping the fee drag that usually eats retail over repeated rotations. The fraud scarred part of the market keeps asking why a meme project needs a full exchange layer, and the answer sits in what the tools protect the user from. Most meme cycles end with the crowd rugged on listing day or bled out by slippage, costs that eat gains before they reach the holder. Pepeto flips that mechanic so the trader keeps every dollar of the move. The dev team is led by a former Binance expert shipping production grade exchange architecture, and the cofounder behind the original Pepe token is inside the project directing product. A full SolidProof audit is live on the site. The raise just crossed $8.1M, stage one whales are visible on the public leaderboard, and the Binance listing is confirmed. Shiba Inu sat below one thousandth of a cent in 2020 before a $200 wallet turned into millions after the listing wave, and Pepeto sits in that same entry pocket today.

https://youtu.be/wR3oOlNJj64?si=V7Ekv4mK69tQvNtI

TAO, the decentralized AI token fighting to hold $240 support

TAO entered April near $320 and has dropped to roughly $246 as of April 14, a 26% weekly slide after the Covenant AI exit shook the decentralization thesis. Grayscale still holds 43% of its AI Fund in TAO and 70% of supply sits staked, which builds a real floor. The issue is what a twenty percent bounce from this base delivers in dollars compared to a cheap presale sitting below its listing price.

BNB, holding ground under $75K Bitcoin pressure

BNB currently trades around $613 per CoinGecko, down about 2.6% over the past week while Bitcoin tests the $75K overhead. The burn schedule has already removed roughly 30% of circulating supply, chain upgrades keep landing, and Trust Wallet continues to push new prediction market activity on the BNB Chain. The gap to a 10x run from an $83B market cap is a different math problem than entering a token that has not hit exchanges yet.

Conclusion

TAO had a legitimate April story, the Bittensor ecosystem ships real subnet revenue and Grayscale keeps adding exposure even through the Covenant AI flush. But a token already inside the top 40 by market cap cannot turn a small wallet into a life changing one from a bounce off $246. Pepeto sits on the other side of that math, a confirmed Binance listing above a stage price of $0.000000186, and every wallet buying today captures the distance from that stage to the first listing candle. The Pepeto official website is filling rounds fast, and once trading opens the cheap rows close forever, leaving later buyers to purchase from whoever is willing to sell.

Click To Visit Pepeto Website To Enter The Presale: https://pepeto.io/

FAQs

What is the TAO price prediction after the Covenant AI exit?

Analysts project TAO holds the $240 support with a base case recovery toward $300 to $340 if no further subnet exits follow, though the token remains 67% below its $758 all time high.

How much has Pepeto raised in presale?

Pepeto has raised above $8.1M with the Binance listing already confirmed, whales openly loading the leaderboard, and a public SolidProof audit live on the site.

Should investors buy Pepeto before the Binance listing opens?

Stage rows remain available on the Pepeto official website, and wallets inside today carry the distance from stage price to whatever the debut ticker sets, a window that vanishes on the first listing candle.

Disclaimer:

This article is intended for informational purposes only and does not represent financial advice. Investing in cryptocurrencies involves high levels of volatility and risk, including the potential loss of capital. Always perform independent research or consult a licensed advisor before making financial decisions.

Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto

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This release was published on openPR.