Cryptocurrency NEAR Protocol Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a price drop of 3.79% in the last 24 hours, now at $3.64, despite a 9.0% increase over the past week. The trading volume has decreased by 45.0%, while the circulating supply rose by 0.93% to 1.01 billion. NEAR's market cap is currently ranked #26, valued at $3.69 billion.
December 29, 2023 | 7:03 pm
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NEAR Protocol's price has decreased by 3.79% in the past 24 hours, indicating a short-term negative trend despite a weekly uptrend.
The price drop of NEAR Protocol is significant in the short term and is likely to influence investor sentiment negatively. The decrease in trading volume could suggest less market interest or consolidation after the recent uptrend. However, the increase in circulating supply could put additional downward pressure on the price.
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IMPORTANCE 75
RELEVANCE 100