Cryptocurrency NEAR Protocol Falls More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol (CRYPTO: NEAR) experienced a 7.08% price drop in the last 24 hours, marking a -30.0% decline over the past week, with its price now at $5.08. The trading volume increased by 10.0%, and the circulating supply rose by 0.4% to 1.07 billion, placing NEAR's market cap ranking at #23 with a value of $5.43 billion.
April 15, 2024 | 7:00 pm
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NEGATIVE IMPACT
NEAR Protocol saw a significant 7.08% decrease in price over the last 24 hours, with a -30% drop over the past week, indicating a bearish trend. The trading volume and circulating supply have increased.
The significant price drop of 7.08% in the last 24 hours, combined with a -30% decline over the past week, suggests a strong bearish trend for NEAR Protocol. The increase in trading volume and circulating supply may not be enough to counteract the negative price movement, indicating a potential continued downward trend in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100