Cryptocurrency NEAR Protocol Decreases More Than 8% Within 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a significant price drop of 8.03% in the last 24 hours, continuing a weekly decline of 21%. The trading volume has decreased by 58%, while the circulating supply has increased by 0.53%. The current market cap is $3.18 billion, ranking NEAR at #29.
January 09, 2024 | 7:01 pm
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NEGATIVE IMPACT
NEAR Protocol's price has fallen by over 8% in 24 hours and 21% over the past week, with a decrease in trading volume and a slight increase in supply.
The significant price drop and decrease in trading volume indicate bearish sentiment, which could lead to further short-term declines. The increase in circulating supply may also put downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100