NEAR Skyrockets to Double-Digits Within Hours Following Integration News!

NEAR

NEAR/USDT

$1.787
-4.44%
24h Volume

$195,377,961.45

24h H/L

$1.878 / $1.786

Change: $0.0920 (5.15%)

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.791

-0.50%

Volume (24h): -

Resistance Levels

Resistance 3$1.9353
Resistance 2$1.8784
Resistance 1$1.7973
Price$1.791
Support 1$1.7693
Support 2$1.6837
Support 3$1.6128
Pivot (PP):$1.7977
Trend:Uptrend
RSI (14):57.5
(06:56 PM UTC)
2 min read

Contents

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  • NEAR Protocol (NEAR) experienced a surge in value following its integration with Nexo, a blockchain-based crypto lending platform.
  • In a matter of hours, NEAR recorded a value increase of over 10%, reaching a price of $1.22.
  • The market value of NEAR also surpassed $1 billion following the recent upswing.

NEAR Protocol (NEAR) saw a significant uptick in value after its integration with blockchain-based crypto lending platform, Nexo. The cryptocurrency recorded a value increase of over 10% within a few hours, reaching a price of $1.22. The market value of NEAR also surpassed the $1 billion mark following this surge.

NEAR Protocol Soars Following Nexo Integration

The cryptocurrency market, despite starting the day on a downward trend, rebounded following Bitcoin’s shift in direction. Bitcoin, the leading cryptocurrency, began trading at around $26,500 following its recent value increase. Most altcoins in the cryptocurrency market gained momentum following Bitcoin’s rise. The total market value of the crypto industry reached $1.06 trillion, according to data from CoinMarketCap.

NEAR Protocol experienced a surge in value following the announcement of its integration with Nexo. The cryptocurrency gained momentum as Bitcoin also shifted its direction upwards. NEAR reached a price of $1.23 following its recent value increase.

NEAR Records Nearly 8% Value Increase Within Hours

Nexo, the blockchain-based crypto lending platform, announced its integration with NEAR Protocol via a Twitter post. Following the announcement, NEAR Protocol experienced a surge in value and gained momentum as the cryptocurrency market shifted its direction upwards.

NEAR recorded a value increase of over 10% within a few hours, reaching a price of $1.23 following its recent surge. The market value of NEAR also surpassed $1 billion following this upswing. NEAR was one of the standout cryptocurrencies of the day following the integration announcement. According to CoinMarketCap data, NEAR was among the top-performing cryptocurrencies of the day in terms of percentage increase.

Conclusion

The integration of NEAR Protocol with Nexo, a blockchain-based crypto lending platform, led to a significant surge in the cryptocurrency’s value. NEAR recorded a value increase of over 10% within a few hours, reaching a price of $1.23. The market value of NEAR also surpassed the $1 billion mark following this surge, making it one of the standout cryptocurrencies of the day.

EW

Emily Watson

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