Cryptocurrency NEAR Protocol Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a price decrease of 3.27% in the last 24 hours, now at $3.37, despite a weekly uptrend of 5.0%. The trading volume dropped by 11.0%, and the circulating supply decreased by 0.15%, with a current market cap ranking of #35 at $3.51 billion.
February 20, 2024 | 3:02 pm
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NEAR Protocol experienced a 3.27% price decrease over the last 24 hours, now at $3.37, amidst a weekly uptrend and a decrease in trading volume and circulating supply.
The short-term price decrease of NEAR Protocol, despite its overall weekly gain, suggests a potential volatility in its market value. The drop in trading volume and slight decrease in circulating supply could indicate a cooling off period after the recent uptrend, potentially leading to further short-term price decreases.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100