【Veteran Trader Watch】
$NEAR There's a development worth watching today.
The community is discussing lowering NEAR's annual issuance rate: 2.5% → 1.6%.
That would cut the growth rate of new supply by about 36% over the next two years, with a long-term goal of moving toward a fixed total supply.
This isn't an ordinary upgrade. If it's ultimately approved, the number of new NEAR tokens entering the market each year will drop significantly, and staking yields will fall accordingly.
Entry: $5.05–$5.25
Take profit: $5.55 / $5.90 / $6.30 / $6.80 / $7.40
Stop loss: $4.78
The proposal hasn't been finalized yet. So this trade isn't betting that it will “pass right away today,” but on whether the market will price in this supply contraction ahead of time. It may be worth pursuing if the proposal continues to advance and the price holds above $5.05.
$NEAR There's a development worth watching today.
The community is discussing lowering NEAR's annual issuance rate: 2.5% → 1.6%.
That would cut the growth rate of new supply by about 36% over the next two years, with a long-term goal of moving toward a fixed total supply.
This isn't an ordinary upgrade. If it's ultimately approved, the number of new NEAR tokens entering the market each year will drop significantly, and staking yields will fall accordingly.
Entry: $5.05–$5.25
Take profit: $5.55 / $5.90 / $6.30 / $6.80 / $7.40
Stop loss: $4.78
The proposal hasn't been finalized yet. So this trade isn't betting that it will “pass right away today,” but on whether the market will price in this supply contraction ahead of time. It may be worth pursuing if the proposal continues to advance and the price holds above $5.05.