$NEAR Recently it’s been quite strong. The $RHEA is worth looking into; it’s the result of a merger of two long-established DeFi projects on NEAR: Ref (exchange) + Burrow (lending). Now it supports cross-chain trading and lending/borrowing. The protocol has revenue that goes toward buybacks, and it has recently started burning tokens too. If NEAR really takes off, it often ends up being more elastic than other L1 chain tokens.
But don’t get too FOMO—after all, its market cap is only a little over twenty million. It was hacked last year, and the community isn’t that lively yet. It’s suitable as a small leveraged play within the NEAR ecosystem.
But don’t get too FOMO—after all, its market cap is only a little over twenty million. It was hacked last year, and the community isn’t that lively yet. It’s suitable as a small leveraged play within the NEAR ecosystem.