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Coinpedia 2026-04-15 07:34:12

TAO Crypto Price Crash: Governance Exit Dump and Three Recovery Scenarios 

TAO Crypto Price Crash: Governance Exit Dump and Three Recovery Scenarios 

The post TAO Crypto Price Crash: Governance Exit Dump and Three Recovery Scenarios  appeared first on Coinpedia Fintech News Bittensor (TAO) Price dropped nearly 25% after Covenant AI made an exit, accusing co-founder Jacob Steeves of having too much control over governance. Analyst Michaël van de Poppe explained that the real damage came when Covenant’s founder dumped 37K TAO, triggering panic selling and liquidations. That triggered a deeper chain reaction: Validators lost stake = …

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