Before the crash, the price of "NEAR Protocol" had reached an all-time high of roughly $13.230 in October 2021. Before the crisis, NEAR was trading at $7.336 before plummeting to $1.546. NEAR has been one of the fastest gainers in comparison to other coins, and it wasn't long before it set a new all-time high in October, with the monthly candle closing at $10.157. NEAR has a total quantity of approximately 1 billion tokens and a circulating circulation of approximately 540 million coins. NEAR can be traded on a variety of exchanges, including Binance, OKEx, and Huobi, in a variety of trading pairings. Technical Analysis – Near Protocol (NEAR) On a daily basis, Near Protocol's framework has been shattered. The price has been moving up, resulting in higher highs and lows. At the same time, it was adhering to a pattern. However, the price plummeted after failing to make a new higher high a few days ago. This was a harbinger of a structural change. There are two
NEAR is a next-generation proof-of-stake blockchain technology that is focused on practicality, scalability, and minimal operational expenses. The NEAR founders developed the "Nightshade" sharding method for the segmentation of transaction computation burden and the preservation of decentralisation. NEAR aspires to revolutionise the current Internet by giving end-users control over their data and resources. The founders of NEAR are committed to the overarching idea of blockchain, namely, user control and privacy, so that no huge organisation may manipulate user data and people can not lose their enterprises or private data due to governmental blockades. What you should know about NEAR is that it is a group of people that work together to solve problems. · It's a layer 1 protocol that allows the Open Web to be powered independently (not a side chain or supplemental system) · It's a base-layer system, which means any Dapps and services built