When the US government tells one of the world’s most prominent AI companies to pull the plug on its flagship models, people start looking for Plan B. For a growing number of crypto investors, that plan apparently starts with $TAO.
Bittensor’s native token surged roughly 30% after Anthropic was compelled to suspend access to its advanced AI models, Fable 5 and Mythos 5, under a US export control directive citing national security concerns. On June 13, Anthropic fully disabled the models for all users globally, affecting foreign nationals and sending shockwaves through both the AI and crypto markets.
What happened with Anthropic, and why crypto cares
$TAO saw daily gains reported between 15% and 26%, with trading prices pushing near $250 at peak. The Bittensor community was not shy about framing the moment in revolutionary terms, with accounts across social media coining the phrase “Viva la $TAO.”
And it wasn’t just Bittensor catching a bid. Venice Token jumped roughly 18%, while Internet Computer’s ICP token gained about 9.8%.
