January 24, 2023

Cryptocurrency NEAR Protocol Decreases More Than 3% Within 24 hours

NEAR Protocol’s NEAR/USD price has decreased 3.74% over the past 24 hours to $2.5. This is contrary to the coins performance over the past week where it has experienced an up-trend of 12.0%, moving from $2.22 to its current price.

The chart below compares the price movement and volatility for NEAR Protocol over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 19.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 0.19%. This brings the circulating supply to 849.54 million, which makes up an estimated 84.95% of its max supply of 1.00 billion. According to our data, the current market cap ranking for NEAR is #33 at $2.13 billion.

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