Cryptocurrency NEAR Protocol's Price Increased More Than 15% Within 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a significant price surge of 15.92% in the last 24 hours, reaching $2.13. Over the past week, the cryptocurrency's value has risen by over 22%, from $1.71. Despite the recent increase, NEAR is still far from its all-time high of $20.44. The trading volume has grown by 57% over the past week, and the circulating supply has increased by 0.99% to over 1 billion coins. NEAR's market cap now ranks at #35, valued at $2.13 billion.
November 20, 2023 | 3:00 pm
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NEAR Protocol's price surge of over 15% in a day and 22% over the week indicates strong current momentum, which may attract more investors in the short term.
The substantial increase in NEAR Protocol's price and trading volume suggests a heightened investor interest, which could lead to further short-term gains. However, the volatility indicated by the Bollinger Bands suggests that investors should be cautious of potential price swings.
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