NEAR Protocol Decreases More Than 6% Within 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol's price has fallen 6.3% in the past 24 hours to $6.12, continuing a week-long decline of 18.0%. Trading volume has increased by 25.0% over the past week, while circulating supply has decreased by 0.65%. NEAR Protocol's market cap is currently ranked #20 at $6.65 billion.
June 11, 2024 | 7:03 pm
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NEGATIVE IMPACT
NEAR Protocol's price has dropped 6.3% in the past 24 hours to $6.12, continuing a week-long decline of 18.0%. Increased trading volume and decreased circulating supply indicate heightened market activity and potential investor concern.
The significant price drop over both the past 24 hours and the past week, combined with increased trading volume and decreased circulating supply, suggests a bearish sentiment among investors. This is likely to negatively impact NEAR Protocol's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100