Over the past 14 days, TAO lost 12.9% to near $251. NEAR fell 19.4% to about $4.53. Bitcoin slipped only 3.7%. The gap tells you AI coin traders are under stress. A Meta earnings report lit the fuse on October 22. Bloomberg (https://www.bloomberg.com) reported the Nasdaq slid about 2.6% that day. Meta dropped about 7% despite beating revenue estimates. Wells Fargo traders blamed AI funding comments for the move. I have watched equity fear bleed into crypto many times. It moves faster when the token label says AI. NEAR now sits 77.9% below its all-time high. TAO now sits 66.9% below its record. That history makes the recent loss feel heavier. Search users tracking AI Coinok árfolyamesés 2025 want a clear test. The test starts with levels, not headlines.
The selloff began earlier on October 8. Oil, rates and tech anxiety pushed buyers out. TAO slid from about $291 to $269. NEAR fell from about $5.33 to $4.46. CoinDesk (https://www.coindesk.com) showed heavy trading volume that day. NVIDIA also lagged during that stretch. The AI stock benchmark fell about 7.8% since late September. It remained up about 15.3% for the year. Equity leaders absorbed shock better than tokens. Bitcoin has a deeper market and broader trust. It can take an AI scare without bleeding badly. TAO and NEAR carry tighter buyer pools. They depend on forward stories about AI demand. Forward stories need cash. Cash became harder to defend. Jensen Huang said demand for AI cloud services is off the charts. He also said available capital is limited. That combo worries lenders, buyers and token holders. MIT Technology Review (https://www.technologyreview.com) has warned about rising AI capital spending. Its coverage suggests costs may run ahead of revenue. The 10-year Treasury yield fell to about 4.97%. Lower yields can signal risk aversion, not strength. Brent crude jumped about 4% to around $113. A geopolitical shock made cash more valuable. The environment punished speculative AI names.
NEAR had more profit to protect. It gained 204.5% in 2026. It rose 138.7% over the last 60 days. Big gains create big sell triggers. Bitwise launched a spot NEAR ETF on September 29. An ETF gives ordinary money access to the token. The ETF did not stop a 7% 30-day loss. Product access cannot defeat macro fear. A token still needs liquidity and conviction. A token still needs a stable funding source. NEAR Intents integration news may matter later. NEAR Intents is a trading layer. Co-founder Illia Polosukhin named Nasdaq and NYSE platforms. He presented the stock example as hypothetical. That caution is smart. It avoids overstating a bridge. The October 28 Backers Summit could bring issuance proposals. A House of Stake plan might reduce coin supply. Lower issuance helps over time. It does not solve weak demand now. It also does not fix Meta earnings doubt. Crypto AI traders still need AI earnings proof.
TAO faces its own supply pressure. Bittensor runs specialized subnets for AI tasks. Miners and validators earn new TAO through emissions. Emissions are new tokens that enter circulation. Messari (https://messari.io) tracks subnet activity and issuance patterns. They can sell that supply when buyers fade. The December 2025 halving cut daily issuance in half. A halving is a scheduled cut in token creation. That change helps, but it is not a cure. A thin book makes every market sell loud. At a validator panel, I heard concern about emissions. The tone was careful, not triumphant. Good supply cuts still lose when demand disappears. The price now asks one question. Can buyers defend the new lows?
Support tells where buyers tend to appear. Resistance tells where sellers tend to grow. TAO must hold above $242. That price marks its October 24 low. A daily close below $242 signals a broken trend. A recovery above $273 shows a pause. The $273 level is the nearest resistance. NEAR fell to about $4.24. NEAR must hold above $4.24. That price marks a monthly low. A daily close below $4.24 looks ugly. A reclaim above $5.33 gives buyers strength. Both coins broke their October 8 lows. TAO fell under its $254 floor. NEAR fell under its $4.30 floor. That is not a normal dip. It is a damaged short-term structure. Structure damage matters in token markets. Traders react to it faster than fundamentals.
Volume offers the first hope. TAO traded lightest on October 25 since October 7. Price dipped to about $247, then bounced above $250. Low volume can mean seller exhaustion. Low volume can also mean buyer distrust. NEAR rose 2.2% in the past 24 hours. TAO stayed above $242 for two days. These rebounds feel thin. They lack the punch of a strong reversal. You should not mistake a quiet bounce for trend. You should wait for acceptance above resistance. Acceptance means a close, then a hold. A hold above $273 or $5.33 is better. A wick through the level is weak. Crypto traders need patience when fear runs high. Fear makes good setups look too clean.
The AI coin trend seems to be pausing. The trend is not dead. The trend is not safe. Real AI infrastructure demand remains. That demand still needs funding. Funding still needs proof. Proof can come from subnet usage. Proof can come from NEAR app growth. Proof can come from stronger trading volume. Proof can come from calmer Treasury rates. You should watch levels and flows, not narratives. Avoid buying a dip just because a headline sounds good. Avoid panic selling if volume remains weak. Use the checkpoints instead.
- $242 is the TAO line.
- $273 is the TAO test.
- $4.24 is the NEAR line.
- $5.33 is the NEAR test.
- A close below $242 weakens TAO.
- A close below $4.24 weakens NEAR.
A reclaim above resistance changes the bias. A clean close above $273 and $5.33 matters. If both happen with rising volume, the trend breathes. If both fail, the trade needs a new catalyst. If Bitcoin falls harder, these coins fall harder. If Bitcoin stays firm, AI coins may recover. The spread between them and Bitcoin is your warning. The spread between them and their highs is your reminder. AI token trades live and die with confidence. Confidence now is low. Confidence can rebuild. It rebuilds with prices, volume and proof. For now, the trade is shaky.
| Coin | Current Price | 14-Day Change | All-Time High Drop |
|---|---|---|---|
| TAO | $251 | -12.9% | 66.9% |
| NEAR | $4.53 | -19.4% | 77.9% |
| Bitcoin | Varies | -3.7% | N/A |
