TARS Protocol developers launched an AI fund on Friday to grow their network, boosting TAI’s price to $0.20 from an intraday low of $0.15. The fund will provide 10 million TAI tokens ($2 million) to advance AI on Solana.
TARS Protocol aims to bridge AI and Web3, focusing on sectors like DePin, retail products, finance, and e-commerce. The initiative follows their recent TARS Incubation program and partnerships with Bybit, DojoSwap, and BitPanda.
The 4-hour chart shows TAI consolidating around its moving averages, with a bullish crossover pattern in the MACD’s histogram. With a falling broadening wedge chart pattern, a bullish breakout targeting $0.2890 is likely.
This strategic move positions TARS Protocol at the forefront of AI and blockchain integration, potentially leading to significant industry advancements.
