Cryptocurrency NEAR Protocol Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a 3.33% increase in price over the last 24 hours, reaching $3.92, despite an 8% decline over the past week from $4.25. The coin's all-time high is $20.44. Trading volume has decreased by 6% over the past week, while the circulating supply has slightly increased. NEAR's market cap ranks it 25th at $3.97 billion.
January 02, 2024 | 7:02 pm
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POSITIVE IMPACT
NEAR Protocol has experienced a short-term price increase of 3.33% to $3.92, contrasting with a weekly decline. The trading volume has decreased, and the circulating supply has grown marginally.
The short-term price increase of NEAR Protocol indicates a positive market reaction in the last 24 hours, which could attract investor interest. However, the decrease in trading volume and recent weekly loss may temper the impact. The increase in circulating supply is nominal and unlikely to significantly affect the price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100