NEAR Price Analysis January 2022

$NEAR/USDT is a coin of platform NEAR Protocol. Its current price is around $16.76 by writing, with a low of $1.34 in 2021 and a market cap of 10 billion dollars.

Near Price Analysis January 2022
NEAR Price Analysis January 2022

What is NEAR Protocol?

The NEAR Protocol is a decentralized, peer-to-peer, ad-hoc network that enables developers to build augmented reality experiences. Marieke Flament founded it in 2017, and its native coin is NEAR. It aims to build a decentralized, peer-to-peer ecosystem for creating apps that feature high speed, lower fees, and infinite scalability. NEAR is compatible with Ethereum, Polkadot, Cosmos, and more, which means that these networks can work together to enable the free flow of assets and communication across the globe.

In NEAR Protocol, developers can create decentralized apps without worrying about scalability, which helps scale up all applications. The NEAR Protocol grow feature is a safe and secure way to grow their crypto portfolio. It is an inventive solution that creates multi-chain applications and provides the user with an extra layer of security and a range of unique features and benefits.

What is $NEAR?

$NEAR/USDT is the coin of the NEAR Protocol platform, which is around $16.76 by the time of writing, with a low of $1.34 in 2021. Its current ranking is #23 according to CoinMarketCap, with a market cap of 10 billion dollars.

It reached a high of $16.87 in 2021 with a low of $1.34. NEAR is a third-generation cryptocurrency that is ushering in the age of privacy and smart contracts. It is an open-source project with the MIT license that has been designed to be fast, efficient, and sustainable for use in everyday life.

$NEAR Coin Market Analysis 

It has a max supply of 1,000,000,000 coins worth around $16.76 with a market volume of 1.3 billion dollars, whereas the market capitalization is 10 billion dollars at writing.

$NEAR Price Prediction

On the 1D timeframe, a strong support level can be seen near the current price marked with a rectangular box. Beyond that, it has also formed a Bullish Pennant pattern where the price action has broken out the resistance level with a strong uptrend.

For any time, on-demand analysis on $NEAR or any other coin can join our Telegram channel.

$Near Price Prediction
$NEAR Price Prediction

Here are some of the best exchanges to buy NEAR.

Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

Pratyaksh
Pratyaksh

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