NEAR Protocol Review: What The Data Tells Us

Let's talk about NEAR Protocol for a moment. I've pulled together some key metrics that paint an interesting picture.

📈 Current Price Action

At $1.18, 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 7-Day Chart

NEAR Protocol price movement over the last 7 days

💰 Market Metrics

With a market cap of $1.52B, it's ranked #63 in the crypto market. The 24h volume of $232.28M represents 15.27% of the market cap, which indicates strong trading activity.

MetricValue
Current Price$1.18
24h Change-1.09%
7d Change-18.49%
30d Change-29.29%
Market Cap$1.52B
24h Volume$232.28M
Market Rank#63

🪙 Supply Dynamics

Currently $1.29B coins are circulating from a total supply of $1.29B.

📊 Historical Context

The all-time high was $20.44, and we're currently 94.21% below that level. The all-time low sits at $0.53, which means we're 124.47% 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

Looking at the underlying metrics, NEAR Protocol is in a consolidation phase. The fundamental metrics show room for growth if fundamentals improve.

Remember, higher volatility means higher risk. Position sizing is crucial.

🎯 Final Thoughts

There you have it - my breakdown of NEAR Protocol. The metrics tell a story, but everyone interprets data differently. What do you see that I might have missed?


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

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