Cryptocurrency NEAR Protocol Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol's (CRYPTO: NEAR) price rose 3.2% to $1.35 in the past 24 hours, continuing its positive trend over the past week with a 2.0% gain. However, the trading volume for the coin has fallen 40.0% over the past week, while the overall circulating supply of the coin has increased 0.28% to 929.37 million. NEAR's current market cap ranking is #40 at $1.26 billion.
July 07, 2023 | 3:00 pm
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NEAR Protocol's price rose 3.2% to $1.35 in the past 24 hours, continuing its positive trend over the past week with a 2.0% gain. However, the trading volume for the coin has fallen 40.0% over the past week, while the overall circulating supply of the coin has increased 0.28% to 929.37 million.
The price of NEAR Protocol has been on a positive trend, which is likely to attract investors. However, the decrease in trading volume could indicate a decrease in interest or liquidity, which could potentially impact the price negatively. The increase in circulating supply could also put downward pressure on the price if demand does not keep up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100