CoinCodex projects a five-day decline for Bittensor’s TAO token
A CoinCodex forecast puts TAO at $162.34 by November 18, 2026, while the token trades amid a broad downturn in crypto markets.
A CoinCodex forecast puts TAO at $162.34 by November 18, 2026, while the token trades amid a broad downturn in crypto markets. Ethereum (ETH) is trading at $1,822.84, down 0.3% since this brief published. This is an original TLT brief based on reporting by CoinCodex, with live market data added, as of Sun, 15 Nov 2026 03:30:04 UTC.
The forecast arrives as TAO and the wider market face steep losses, raising questions about whether a short-term rebound can offset sustained outflows from Bittensor’s decentralized network.
- CoinCodex alone projects TAO at $162.34 by November 18, 2026
- Its forecast calls for a 22.65% decline over five days
- TAO trades at $191.23, down 10.33% over 24 hours
- Bittensor TVL fell 20.1% over seven days
CoinCodex published a technical forecast expecting 
Bittensor’s TAO token to decline by 22.65% over the next five days and reach a target of $162.34 per coin by November 18, 2026. The publication presented this as a price prediction rather than a confirmed event, with the target attached to the specified 2026 date.
TAO is currently priced at $191.23, making the stated target about 15.1% below the live quote. The token has fallen 10.33% in the past 24 hours and 13.89% over seven days, leaving its market capitalization at $2.24B. Those declines have occurred against a total crypto market capitalization of $2.28T, with the broader market broadly lower.
Despite the headline identifying three outlets, the supplied coverage does not provide three independent versions of this Bittensor forecast. CoinCodex is the sole source carrying the $162.34 target, 22.65% projected decline and November 18, 2026 deadline. Crypto Daily focuses on 
Ethereum, while Crypto.news concerns prediction-market platforms; neither summary mentions TAO or independently confirms CoinCodex’s assumptions.
Verified data from DeFiLlama shows that Bittensor TVL stands at $317.24M, down 20.1% over seven days. By comparison, Polymarket TVL is $326.9M, up 0.2% over the same period. The contrast indicates that value remained close to the prediction-market platform’s total while capital within Bittensor’s ecosystem contracted sharply, although the figures alone do not establish the cause of that decline.
Broader sentiment remains defensive: 
Bitcoin is down 3.28% over 24 hours, and the Fear & Greed Index stands at 10, classified as Extreme Fear. Crypto Daily separately reports that Ether fell below $2,000 following a Fed rate hike and ETF outflows, with oversold RSI conditions but sellers still in control. The principal elements to monitor are whether TAO can stabilize near its current level, whether Bittensor TVL continues to contract, and whether the forecast’s five-day window and November 2026 target remain operative as market conditions change.
Since this brief published about 31 hours ago, Ethereum (ETH) has moved from $1,827.50 to $1,822.84 — -0.25%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦2.58M (about $1,822.84), down 4.3% over 24 hours. The naira itself trades about 4.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 15, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
CoinCodex projects a five-day decline for Bittensor’s TAO to — questions & answers
What price does CoinCodex predict for TAO?
CoinCodex projects a TAO price of $162.34 by November 18, 2026. It also forecasts a 22.65% decline over the next five days in its technical analysis.
Do other listed outlets corroborate the TAO target?
No. Crypto Daily discusses Ethereum and Crypto.news covers prediction-market platforms; only CoinCodex’s supplied summary addresses the Bittensor forecast.
How is Bittensor’s TVL trending?
DeFiLlama reports Bittensor TVL of $317.24M, down 20.1% over seven days. Polymarket TVL is $326.9M, up 0.2% over the same period.
How much is 1 Ethereum worth in naira today?
About ₦2.58M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1,822.84. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.25% since this brief first published — trading at $1,822.84 now versus $1,827.50 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CoinCodex. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.