NEAR Protocol (NEARUSDT) is trending right now!
Rank: #24
This morning I saw a **%28.447** jump on my Binance screen, and the question immediately popped into my mind: “Is this a one-off pump, or is it signaling a new trend?” Here’s the shocking reality: within 24 hours, it climbed to the **0.629** level, and trading volume reached **91.6 M USDT**. This figure is **45% higher** compared to the same hour last week. On the other hand, **** fell **-4.416%** to the **.571** level, and **** was **-2.038%** at **11.01**. The simultaneous pullback of these two major “Layer‑1” tokens suggests that market risk appetite is being reshaped again. From my point of view, the big players opened short positions in and ’, because that sudden spike in ’ gave them an opportunity to pull in liquidity. At first glance, this AVAX surge may look like a “pump,” but when you examine the details, ****’s weighted average price (WAP) is **.303**, while the latest price is **0.629**—meaning there’s a **14.2% premium**. This is a sign that liquidity providers and large whales are strengthening their positions by “aping in.” Volume is **98.4 M** AVAX tokens, i.e., twice the average 24-hour trading volume. Meanwhile, on the other side, **** rose **0.696%** to **2.439**, and **** showed a slight **0.575%** gain. The positive momentum in these two tokens is a sign that DeFi and smart-contract ecosystems are still in demand. However, projects like **** and **** are seeing losses of around **-2%**; that suggests investors are facing risk in the market.