Exchanges have 1 option and that is to drive price down on perps 

until they can buy enough to market make spot

 There’s no perps on alpha tokens, and the best part is that alpha tokens are tied to $TAO so it doesn’t matter where $TAO is. If $TAO is down - you find a way to buy it and swap for undervalued alpha tokens. Price goes up? Sell some for $TAO - BUT KICKER - most likely goes back into different undervalued subnet. Laugh w @JosephJacks_ forever

Then you got @mogmachine which is chessing everyone. 

He makes a dTAO/alpha token trading interface (extremely useful btw - not taking shit just envious of the foresight and skill to pull it together.) and then makes every “trade” which is really just a stake/unstake action - go through his validator. 

Smart - calculated - dedicated - early binance type move?

Either way… you want a piece of the fastest, most efficient, top performing AI/digital commodity on earth? You HAVE TO BUY TAO AND…. To max gains you HAVE TO GO VIA THE EXCHANGE - WHICH MOG did over a year ago. Not sure if he thought this far….

But he sure took advantage of it. Legend. Fucking Legend.