January 31, 2023

Cryptocurrency NEAR Protocol Down More Than 4% Within 24 hours

Over the past 24 hours, NEAR Protocol’s NEAR/USD price has fallen 4.08% to $2.33. This continues its negative trend over the past week where it has experienced a 8.0% loss, moving from $2.53 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 7.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.84%. This brings the circulating supply to 851.85 million, which makes up an estimated 85.19% of its max supply of 1.00 billion. According to our data, the current market cap ranking for NEAR is #34 at $1.99 billion.

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