{"id":119228,"date":"2026-04-10T09:44:05","date_gmt":"2026-04-10T08:44:05","guid":{"rendered":"https:\/\/investx.fr\/pt\/?p=119228"},"modified":"2026-04-10T09:44:06","modified_gmt":"2026-04-10T08:44:06","slug":"tao-queda-analise-covenant-ai","status":"publish","type":"post","link":"https:\/\/investx.fr\/pt\/noticias-cripto\/tao-queda-analise-covenant-ai\/","title":{"rendered":"Queda do TAO: An\u00e1lise da desvaloriza\u00e7\u00e3o e sa\u00edda da Covenant AI"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"tao-afunda-18-simples-correcao-ou-sinal-de-alarme\">TAO afunda 18 %: Simples corre\u00e7\u00e3o ou sinal de alarme?<\/h2>\n\n\n\n<p>O dia <strong>10 de abril de 2026<\/strong> marcou uma das piores sess\u00f5es recentes para o token nativo da <a href=\"https:\/\/investx.fr\/pt\/noticias-cripto\/analise-bittensor-tao\/\">Bittensor<\/a>, que perdeu mais de <strong>18 %<\/strong> em poucas horas. Por tr\u00e1s deste movimento brutal, encontra-se uma crise de governa\u00e7\u00e3o que levanta quest\u00f5es sobre a pr\u00f3pria natureza do projeto.<\/p>\n\n\n\n<p>A Covenant AI, um dos operadores de sub-redes mais influentes do ecossistema Bittensor, anunciou a sua sa\u00edda estrondosa do protocolo. O seu fundador, Sam Dare, acusou publicamente Jacob Steeves, cocriador da rede, de exercer um controlo centralizado sobre uma infraestrutura que se afirma descentralizada.<\/p>\n\n\n\n<p>Este tipo de atrito n\u00e3o \u00e9 insignificante. A Covenant AI representava uma parte significativa da emiss\u00e3o da rede, o que lhe conferia um peso real no ecossistema. Quando um interveniente desta envergadura abandona o barco e bate com a porta, o sinal enviado ao mercado \u00e9 claro: algo n\u00e3o est\u00e1 bem internamente.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/06wplkr0GY\">https:\/\/t.co\/06wplkr0GY<\/a><\/p>&mdash; covenant (@covenant_ai) <a href=\"https:\/\/twitter.com\/covenant_ai\/status\/2042380152831951300?ref_src=twsrc%5Etfw\">April 9, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-reacao-do-mercado\">A rea\u00e7\u00e3o do mercado<\/h2>\n\n\n\n<p>A queda foi imediata e violenta. O <strong>TAO<\/strong> afundou dos seus n\u00edveis recentes para evoluir num intervalo entre os <strong>283 $ e 323 $<\/strong>, ou seja, uma zona mediana em torno dos <strong>303 $<\/strong>. Este movimento anula subitamente uma valoriza\u00e7\u00e3o de quase <strong>100 %<\/strong> acumulada nas semanas anteriores.<\/p>\n\n\n\n<p>O volume explodiu no vermelho, as posi\u00e7\u00f5es longas foram liquidadas em cascata e o sentimento global resvalou para o p\u00e2nico. Nos mercados de derivados, a taxa de financiamento passou a negativa, sinal de que os shorts assumiram o controlo a curto prazo. Para compreender estes mecanismos, o nosso guia sobre a liquida\u00e7\u00e3o de criptomoedas detalha como este tipo de cascata \u00e9 desencadeado.<\/p>\n\n\n\n<p>No timeframe semanal, a estrutura de alta que se mantinha h\u00e1 v\u00e1rios meses acaba de ser invalidada. O <strong>RSI<\/strong> caiu abaixo dos <strong>40<\/strong>, o <strong>MACD<\/strong> apresenta um cruzamento de baixa claro e o pre\u00e7o quebrou v\u00e1rios n\u00edveis de suporte interm\u00e9dios sem encontrar um ressalto convincente. O nosso artigo sobre o indicador RSI e o artigo sobre o MACD permitem compreender melhor estes sinais t\u00e9cnicos.<\/p>\n\n\n\n<p>O n\u00edvel dos <strong>250 $<\/strong> re\u00fane consenso entre os analistas como a pr\u00f3xima grande zona de suporte. Trata-se, em simult\u00e2neo, de um suporte t\u00e9cnico e de um forte limiar psicol\u00f3gico. Se os vendedores quebrarem este patamar, os pr\u00f3ximos alvos situam-se entre os <strong>173 $ e 200 $<\/strong>, uma zona que corresponderia a uma retra\u00e7\u00e3o profunda do \u00faltimo impulso de alta. Para aprofundar a leitura dos suportes e resist\u00eancias, as ferramentas de an\u00e1lise t\u00e9cnica continuam a ser indispens\u00e1veis.<\/p>\n\n\n\n<p>Um ressalto s\u00f3 ser\u00e1 poss\u00edvel se o pre\u00e7o conseguir recuperar rapidamente dos seus n\u00edveis de perda e registar um fecho semanal s\u00f3lido acima dos <strong>340 $<\/strong>. Sem isso, o vi\u00e9s mant\u00e9m-se de baixa.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">BIG drama unfolding right now on <a href=\"https:\/\/twitter.com\/search?q=%24TAO&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TAO<\/a><br><br>Covenant AI, owner of SN3, SN81 &amp; SN39 has announced they&#39;re leaving Bittensor<a href=\"https:\/\/twitter.com\/DistStateAndMe?ref_src=twsrc%5Etfw\">@DistStateAndMe<\/a> accusations against <a href=\"https:\/\/twitter.com\/const_reborn?ref_src=twsrc%5Etfw\">@const_reborn<\/a>, Bittensor&#39;s founder:<br><br>-Suspended emissions to Covenant&#39;s subnets<br>-Stripped their moderation rights over their\u2026 <a href=\"https:\/\/t.co\/uAdzNBMOjM\">pic.twitter.com\/uAdzNBMOjM<\/a><\/p>&mdash; Jesus Martinez (@JesusMartinez) <a href=\"https:\/\/twitter.com\/JesusMartinez\/status\/2042396219775840561?ref_src=twsrc%5Etfw\">April 10, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"o-que-esta-crise-revela-sobre-a-bittensor\">O que esta crise revela sobre a Bittensor<\/h2>\n\n\n\n<p>Para al\u00e9m da vertente t\u00e9cnica, \u00e9 a quest\u00e3o da verdadeira descentraliza\u00e7\u00e3o do protocolo que est\u00e1 em causa. A Bittensor apresenta-se como uma rede de intelig\u00eancia artificial descentralizada, permitindo que sub-redes independentes compitam para obter emiss\u00f5es de TAO. A promessa \u00e9 forte, mas as acusa\u00e7\u00f5es de Dare levantam um problema estrutural: se o fundador mant\u00e9m um n\u00edvel de controlo suficientemente grande para influenciar as decis\u00f5es da rede, a descentraliza\u00e7\u00e3o permanece, em parte, te\u00f3rica.<\/p>\n\n\n\n<p>N\u00e3o \u00e9 a primeira vez que um projeto Web3 de elevado potencial se depara com este tipo de tens\u00e3o entre uma vis\u00e3o t\u00e9cnica ambiciosa e a realidade da governa\u00e7\u00e3o. Neste setor, a confian\u00e7a constr\u00f3i-se lentamente e destr\u00f3i-se rapidamente. Os smart contracts e os mecanismos de governa\u00e7\u00e3o on-chain destinam-se precisamente a evitar este tipo de desvio, mas a sua efic\u00e1cia depende sempre da vontade dos fundadores de se submeterem realmente a eles.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-nossa-leitura-da-situacao\">A nossa leitura da situa\u00e7\u00e3o<\/h2>\n\n\n\n<p>A queda do TAO \u00e9 severa, mas n\u00e3o \u00e9 necessariamente definitiva. O que est\u00e1 em jogo aqui vai al\u00e9m de uma simples corre\u00e7\u00e3o de mercado: \u00e9 a credibilidade do projeto relativamente \u00e0 sua promessa fundamental que est\u00e1 em risco.<\/p>\n\n\n\n<p>A equipa da Bittensor ter\u00e1 de responder p\u00fablica e claramente \u00e0s acusa\u00e7\u00f5es feitas. O sil\u00eancio ou uma comunica\u00e7\u00e3o vaga agravariam a desconfian\u00e7a. Por outro lado, uma interven\u00e7\u00e3o estruturada, acompanhada de compromissos concretos em mat\u00e9ria de governa\u00e7\u00e3o, poderia estabilizar o token rapidamente. Os investidores que pretendam acompanhar a evolu\u00e7\u00e3o do caso podem consultar a nossa p\u00e1gina dedicada \u00e0 <a href=\"https:\/\/investx.fr\/pt\/noticias-cripto\/analise-bittensor-tao\/\">Bittensor TAO<\/a>, bem como o nosso guia para comprar TAO.<\/p>\n\n\n\n<p>Para os investidores j\u00e1 posicionados, a zona dos <strong>250 $<\/strong> ser\u00e1 o verdadeiro teste. Para quem observa de fora, aguardar por uma confirma\u00e7\u00e3o de estabiliza\u00e7\u00e3o antes de agir continua a ser a postura mais sensata. As crises criam pontos de entrada, mas apenas quando a raiz do problema \u00e9 identificada e tratada. Tenha em mente os 6 erros a evitar em per\u00edodos de forte volatilidade.<\/p>\n\n\n\n<p><strong>Fontes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/x.com\/covenant_ai\">covenant_ai<\/a> no X<\/li>\n<li><a href=\"https:\/\/x.com\/JesusMartinez\">JesusMartinez<\/a> no X<\/li>\n<li><a href=\"https:\/\/coinmarketcap.com\/fr\/\">CoinMarketCap<\/a><\/li>\n<\/ul>\n\n\n<p><strong>Artigos Relacionados:<\/strong><\/p>\n\n\n<ul class=\"wp-block-list\">\n  <li><a href=\"https:\/\/investx.fr\/pt\/noticias-cripto\/top-altcoins-layer-1-bull-run\/\">Top 5 Altcoins Layer-1 para observar antes do Bull Run<\/a><\/li>\n  <li><a href=\"https:\/\/investx.fr\/pt\/noticias-cripto\/acoes-crypto-2026-td-cowen\/\">3 a\u00e7\u00f5es Crypto que podem disparar em 2026, segundo a TD Cowen<\/a><\/li>\n  <li><a href=\"https:\/\/investx.fr\/pt\/noticias-cripto\/sui-abaixo-1-oportunidade\/\">SUI Abaixo de 1$: Oportunidade de compra? An\u00e1lise e perspetivas<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>TAO em queda livre? Descubra as raz\u00f5es por tr\u00e1s da desvaloriza\u00e7\u00e3o e o impacto da sa\u00edda da Covenant AI. An\u00e1lise completa e perspetivas.<\/p>\n","protected":false},"author":47,"featured_media":119227,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"queda tao","_yoast_wpseo_title":"TAO despenca: Porqu\u00ea a queda e o impacto da Covenant AI?","_yoast_wpseo_metadesc":"TAO em queda livre? Descubra as raz\u00f5es por tr\u00e1s da desvaloriza\u00e7\u00e3o e o impacto da sa\u00edda da Covenant AI. An\u00e1lise completa e perspetivas.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":"noticias-cripto\/tao-queda-analise-covenant-ai"},"categories":[44,6],"tags":[],"class_list":["post-119228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-noticias-cripto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TAO despenca: Porqu\u00ea a queda e o impacto da Covenant AI?<\/title>\n<meta name=\"description\" content=\"TAO em queda livre? Descubra as raz\u00f5es por tr\u00e1s da desvaloriza\u00e7\u00e3o e o impacto da sa\u00edda da Covenant AI. 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