Analyzing NEAR Protocol - Is It Worth Your Attention?

Today I want to take a deep dive into NEAR Protocol. The numbers are interesting, and I think there's a compelling story here.

📈 Current Price Action

At $1.87, the price action has been relatively stable lately. We're seeing bearish pressure over the past week. The monthly chart shows significant correction from recent highs.

NEAR Protocol price movement over the last 7 days

💰 Market Metrics

Market cap stands at $2.38B, placing it at rank #52. With $342.89M in 24h volume, we're looking at healthy trading.

Metric	Value
Current Price	$1.87
24h Change	+0.53%
7d Change	-15.92%
30d Change	-20.47%
Market Cap	$2.38B
24h Volume	$342.89M
Market Rank	#52

🪙 Supply Dynamics

Currently $1.28B coins are circulating from a total supply of $1.28B.

📊 Historical Context

The all-time high was $20.44, and we're currently 90.87% below that level. The all-time low sits at $0.53, which means we're 254.13% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

From a technical standpoint, NEAR Protocol is in a consolidation phase. The price structure show room for growth if fundamentals improve.

As with any crypto investment, only allocate what you can afford to lose.

🎯 Final Thoughts

This is what I'm seeing with NEAR Protocol right now. Obviously, crypto moves fast and things can change quickly. Drop your analysis in the comments!

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This is not financial advice. Always do your own research before making investment decisions.