Cryptocurrency NEAR Protocol Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) has seen a 4.86% increase in price over the last 24 hours, reaching $7.81. This is part of a larger trend, with a 16.0% gain over the past week from $6.79. Despite this growth, it remains below its all-time high of $20.44. The trading volume has decreased by 24.0% over the past week, while the circulating supply has slightly increased by 0.27% to 1.04 billion. NEAR's market cap ranks it 22nd at $8.07 billion.
March 26, 2024 | 3:03 pm
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NEAR Protocol experienced a 4.86% increase in price to $7.81 over the last 24 hours, marking a 16% gain over the week. The trading volume has decreased by 24%, while the circulating supply increased by 0.27% to 1.04 billion.
The positive price movement of NEAR Protocol over the past week, including a 4.86% increase in the last 24 hours, indicates strong market performance and investor interest. The decrease in trading volume could suggest a consolidation phase, but the increase in circulating supply and the asset's ranking improvement to 22nd in market cap highlight its growing prominence in the cryptocurrency market. These factors combined suggest a positive short-term impact on NEAR Protocol's price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100