Bitcoin reaching $100,000 once sounded impossible to many investors. The idea was dismissed for years because the target appeared too ambitious for a digital asset. That discussion looks very
Bitcoin reaching $100,000 once sounded impossible to many investors. The idea was dismissed for years because the target appeared too ambitious for a digital asset. That discussion looks very different today after Bitcoin climbed to an all-time high of around $126,000. The move proved that markets can eventually reach price levels that once seemed unrealistic when adoption, demand, and scarcity align.
A similar conversation is now taking shape around Bittensor and its native token, TAO. Several analysts have begun discussing the possibility of a $100,000 TAO price in the future.
Two of the most detailed arguments come from crypto analysts 2xnmore and Pumpolinsky. Their focus is not simply the headline price target. They believe Kraken’s latest move could strengthen the foundations that support the entire Bittensor ecosystem.
Kraken recently integrated Bittensor’s Dynamic TAO, commonly known as dTAO, and added 7 Bittensor subnet tokens to its listings roadmap. That makes Kraken the first major exchange to publicly move toward supporting multiple subnet tokens. Binance and Coinbase have not announced similar listings so far.
Crypto analyst 2xnmore believes this development matters because of how Bittensor is designed.
Under dTAO, every subnet token is connected to TAO. Investors who want exposure to a subnet economy must first interact with TAO because it serves as the reserve asset for the network.
A $100K TAO prediction is going viral right now and almost everyone sharing it missed the only part that actually matters.It is not the price target. It is the plumbing.Kraken just put 7 Bittensor subnet tokens on its listings roadmap. No major exchange has ever done that.… https://t.co/0cS0nTaeCP
— 2xnmore (@2xnmore) July 7, 2026
That means every new subnet listing creates another entry point into TAO instead of reducing its importance. The analyst argues that many discussions focus on the $100,000 price prediction but overlook the mechanics underneath. His view is that exchange listings improve access to subnet economies, and every new gateway increases TAO’s role across the ecosystem.
Pumpolinsky believes Kraken’s roadmap could become much more important than a routine exchange listing. His argument focuses on how Bittensor is structured and why that structure may create powerful network effects over time.
Pumpolinsky argues that many investors still describe TAO as another artificial intelligence token. He believes that description misses its real purpose.
His main points include:
Pumpolinsky also believes exchange listings solve one of the biggest barriers facing the network.
His reasoning includes:
— Pumpolinsky (@pumpolinsky) July 6, 2026
One of Pumpolinsky’s central arguments is that subnet growth supports TAO instead of competing against it.
He explains the idea this way:
Pumpolinsky compares that structure to Ethereum.
Thousands of applications launched on Ethereum over time. Every successful application increased the usefulness of ETH because developers and users relied on the same underlying asset.
He believes Bittensor could follow a similar path for artificial intelligence. Hundreds of specialized AI networks could eventually operate inside the ecosystem, and TAO would remain the asset connecting them all.
Pumpolinsky also believes Kraken may only be the beginning.
He notes that Binance and Coinbase have not yet listed Bittensor subnet tokens. Future listings from larger exchanges could expose the ecosystem to millions of additional users.
His broader thesis includes:
Pumpolinsky believes those network effects could eventually justify much higher valuations if decentralized artificial intelligence becomes one of the largest technology sectors over the coming years.
A $100,000 TAO price sounds extraordinary, but the mathematics behind the projection are straightforward.
Market capitalization is calculated by multiplying the token price by the circulating supply.
Bittensor currently has about 11.09 million TAO in circulation. The network also has a maximum supply of exactly 21 million TAO, which follows a supply model similar to Bitcoin.
Using today’s circulating supply, a $100,000 TAO price would produce a market capitalization of approximately $1.109 trillion.
That figure comes from multiplying:
$100,000 × 11.09 million TAO = $1.109 trillion
Another scenario assumes every TAO token has entered circulation.
Using the full 21 million token supply, the market capitalization would reach approximately $2.1 trillion.
The calculation becomes:
$100,000 × 21 million TAO = $2.1 trillion
Another useful way to examine the target is through the required price increase.
TAO currently trades near $213.
Moving from $213 to $100,000 requires roughly 469.5 times growth.
That represents an increase of approximately 46,848%.
Those numbers also provide useful perspective.
A $1.1 trillion valuation would place Bittensor among the largest crypto assets ever created.
Read Also: ChatGPT Predicts Bittensor (TAO) Price After It Replaces Uniswap V3 on Testnet
A fully diluted value of $2.1 trillion would rival the market capitalizations of some of the world’s biggest technology companies. It would also exceed Bitcoin’s previous peak market capitalization and approach the size of today’s entire cryptocurrency market.
That comparison shows how ambitious the $100,000 TAO discussion really is. The projection depends on extraordinary adoption across decentralized artificial intelligence, continued subnet expansion, institutional participation, and far broader exchange support than exists today.
The highest long-term predictions currently place TAO above $10,000 by 2050.
Is Bittensor a good investment?Bittensor (TAO) is a highly volatile, speculative investment suited primarily for aggressive investors comfortable with the risks of decentralized AI cryptocurrencies. While it offers significant upside potential tied to the booming artificial intelligence sector, its subnet economy remains largely unproven, and it has historically suffered price swings exceeding 70% from previous peaks.
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The post Kraken Just Made a Massive Bet on Bittensor: Could TAO Become the Next $100K Token After Bitcoin? appeared first on CaptainAltcoin.
