These cryptos that defy all predictions! TAO leading the way!

Today will remain a memorable day for cryptocurrencies, with spectacular increases seen across several of them. This is particularly true for TAO, whose price soared to €666.63. Following this star crypto of the day, other digital assets also experienced prodigious jumps.

TAO, the Undisputed Star Defying Crypto Records

Undoubtedly, it’s TAO that captivates all the attention in the crypto world this March 1, 2024. At the beginning of the year, no one could have imagined such an ascent, easily surpassing the €650 mark. An exceptional bull run that now places this crypto among the most expensive tokens in the market.

Yet, nothing seemed to predict such success for TAO. Unlike giants of the sector such as Bitcoin, this crypto does not rely on revolutionary technology or a vibrant ecosystem. But as often happens in this market, speculation feeds itself, disregarding the fundamental reality of the projects.

Less Spectacular, FET Still Follows the Trend

Far behind the phenomenal TAO, FET has still achieved a very respectable performance on this March 1st. Its progress to €1.62 at the current rate places it in second position among the most successful cryptos.

Unlike TAO, FET benefits from a solid technology with an efficient blockchain network and practical solutions deployed in companies. Its value, therefore, rests on more rational grounds, which could preserve its progress from sudden reversals.

AGIX and AXL, with More Confidential Progressions

AGIX and AXL also benefited from the euphoria of March 1st in cryptos, albeit on a more modest scale. AGIX peaked at €0.8154. As for AXL, it finished just above €2. 

Impressive rallies for these two cryptos even if they remain discreet compared to the explosion of TAO. Unlike it, AGIX and AXL are based on feasible blockchain projects, with concrete applications that justify their value in part. 

TON with Consistent Progress for a Major Crypto

Lastly, it’s impossible not to mention the modest but real gain of TON this March 1st. The crypto increased by just over 15% on the day to reach €2.52. A measured evolution compared to the explosion of TAO, but significant for this crypto considered one of the most structuring in the sector.

Supported by innovative technology and a broad ecosystem of applications, TON is indeed perceived as one of the most promising projects in the crypto-asset universe. Its steady progress tends to confirm this status, far from the ups and downs of more confidential cryptocurrencies like TAO.

This day will remain as a dazzling illustration of the speculative frenzy that can grip the crypto market. Between the completely unreasonable rally of TAO and the more rational progressions of established cryptos like TON, it reminds us that not all crypto assets follow the same logic.