"TAO Veteran Claims Bittensor Halving Excitement Is the Final Opportunity for a Short-Term Price Surge"

Halving Expectations: A prominent TAO community member warns that the upcoming Bittensor halving will not lead to a price rally, emphasizing that any short-term price increase would require significant community-driven hype rather than the halving itself.

Market Sentiment: The current bear market, characterized by thin liquidity and fragile sentiment, suggests that the halving's network effect will not provide immediate support for TAO's price, which has already seen significant declines.

Hype Cycle Warning: The community member cautions that if a hype cycle does occur, many holders may miss the opportunity to sell during a price spike, driven by greed and the belief that prices will continue to rise indefinitely.

Long-Term Perspective: While the halving is a critical structural event for Bittensor, the immediate price action is likely to be influenced more by community excitement than by the reduction in emissions.