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

NEAR

NEAR/USDT

$1.23
-3.91%
24h Volume

$184,519,017.56

24h H/L

$1.30 / $1.226

Change: $0.0740 (6.04%)

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.238

-2.60%

Volume (24h): -

Resistance Levels
Resistance 3$1.455
Resistance 2$1.3597
Resistance 1$1.2669
Price$1.238
Support 1$1.218
Support 2$1.0796
Support 3$0.9530
Pivot (PP):$1.2557
Trend:Sideways
RSI (14):54.4
(06:56 PM UTC)
2 min read

Contents

892 views
0 comments
  • 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.

JM

James Mitchell

COINOTAG author

View all posts

Comments

Comments