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Yuvi.
$TAO
AI资产下跌，算力叙事如何摆脱币价循环？
今天早间现货快照中，TAO的24小时涨跌幅-5.60%，区间252.6—273.5 USDT。
价格回撤不能直接说明网络产出下降，但参与激励若主要靠代币升值，就容易在下跌时遇到反向循环。真正需要验证的是外部付费是否覆盖激励成本。
若付费需求持续且成本可控，估值会有更稳定依据；若新增参与只随价格波动，AI标签不能提供可靠支撑。
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Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk
3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet
