Is $3.63 the line that holds $NEAR — or the one that breaks it? The token is trading right at its day low near $3.64, down about 2.1% in 24 hours on roughly $255M in volume, after giving back about 14% over the past week.
The attention has a real trigger: governance approved cutting max annual issuance from 2.5% to 1.6% over two years, meaning fewer new tokens over time — though it still needs Security Council sign-off and a 90-day grace period. The Core 2.14 upgrade landed too, and its Intents arm reportedly turned away $500M+ in quotes tied to the Binance exploit.
Meanwhile $BTC is flat near $75,633, so this is a single-name test. Hold $3.63 and buyers probably step in toward today's high of $3.77; lose it and $3.22 is next. Are you buying the issuance story here, or waiting for $3.63 to prove itself first?
#NEAR #Altcoins #Write2Earn
The attention has a real trigger: governance approved cutting max annual issuance from 2.5% to 1.6% over two years, meaning fewer new tokens over time — though it still needs Security Council sign-off and a 90-day grace period. The Core 2.14 upgrade landed too, and its Intents arm reportedly turned away $500M+ in quotes tied to the Binance exploit.
Meanwhile $BTC is flat near $75,633, so this is a single-name test. Hold $3.63 and buyers probably step in toward today's high of $3.77; lose it and $3.22 is next. Are you buying the issuance story here, or waiting for $3.63 to prove itself first?
#NEAR #Altcoins #Write2Earn