NEAR Protocol Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
NEAR Protocol's price has decreased by 3.19% in the past 24 hours to $5.94, continuing a week-long downward trend. Trading volume has fallen by 55% over the past week, with a slight decrease in circulating supply. NEAR Protocol's market cap is currently ranked #19 at $6.57 billion.
July 23, 2024 | 3:01 pm
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NEGATIVE IMPACT
NEAR Protocol's price has decreased by 3.19% in the past 24 hours to $5.94, continuing a week-long downward trend. Trading volume has fallen by 55% over the past week, with a slight decrease in circulating supply. NEAR Protocol's market cap is currently ranked #19 at $6.57 billion.
The continued downward trend in NEAR Protocol's price, coupled with a significant drop in trading volume, suggests a bearish sentiment in the short term. The decrease in circulating supply is minor but does not offset the negative price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100