The Near Protocol token (NEAR) has experienced a significant crash, reaching its lowest level in 12 months and exhibiting a death cross pattern. This pattern indicates a further downside for the token. Despite this, Near developers announced the launch of a new $20 million AI Agent Fund that aims to invest in projects within the artificial intelligence industry. The fund will target developers pushing boundaries in areas such as Real World Asset tokenization, gaming, and AI oracles. Near has been actively involved in the AI sector, running the One Trillion Agents hackathon to support developers building and scaling AI projects on the Near network. Furthermore, the total value locked in Near's DeFi ecosystem has been falling, with a TVL of $170 million, down from over $393 million at its peak last year. Technical analysis suggests further weakness for Near in the coming days, with a triple-top pattern and a death cross formation. Near could potentially decline further, with the next key support level expected at $2.40, its lowest swing since January last year.



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