💥🚀NEAR Protocol Price increase continues, will it jump?
The NEAR Protocol witnessed a price increase of 20%. According to data from CoinGecko, the NEAR token of the NEAR Protocol is trading at $ 3 at the time of writing.
NEAR showed an increase of almost 30% last week. Currently, the NEAR Protocol has a market value of approximately $2.89 billion with a supply of 1 billion NEAR tokens in circulation.
NEAR sees increased investor interest
The token performed differently in different time periods. In the past hour, NEAR has been silent. Within a year, the value of NEAR almost doubled. However, the NEAR Protocol reached an all-time high of $20.44 almost two years ago in January 2022 and is still 86% below its record peak.
This remarkable increase in the price of NEAR reflects the growing interest of investors and their active participation in the market.
The derivatives of the NEAR Protocol in Coinglass reveal that the long/short ratio over the past 24 hours is above 1, which indicates a slightly stronger trend towards long positions.
