Cryptocurrency NEAR Protocol Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a price increase of 3.14% in the last 24 hours to $2.84, despite a weekly trend of a 3.0% decrease from $2.93. The coin's all-time high was $20.44. Trading volume has fallen by 46.0% over the past week, and the circulating supply has decreased by 0.55% to over 1.03 billion. NEAR's market cap ranks #32 at $2.93 billion.
February 07, 2024 | 7:02 pm
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NEAR Protocol has experienced a 3.14% increase in price over the last 24 hours, moving against its weekly downward trend. The trading volume has decreased significantly, and the circulating supply has slightly reduced.
The short-term price increase of NEAR Protocol, despite a decrease in trading volume and a slight reduction in circulating supply, indicates a potential bullish sentiment among investors. However, the decrease in trading volume could also suggest less market activity, which might limit the potential for significant price movements in the immediate future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100