I disagree that it’s a VERY good sign that $TAO is holding up well, considering CT sentiment is at an ATL.

The price action is a result of a lack of interest rather than relative performances.

It didn’t catch a lot of upside volatility, of course it doesn’t correct as much.

Compare it to #VIRTUAL.

Both projects roughly corrected 50% from the (local) ATH.

However #VIRTUAL did a 10x in the last 3 months while $TAO didn’t even get to a 2x.

I wouldn’t take this as a signal to get long $TAO.

I have nothing against $TAO it’s a very cool project, but we have to be careful when making such evaluations.