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NEAR Protocol (NEAR): Should you Invest?

NEAR Protocol coin (NEAR) is one of the top 50 most popular cryptocurrencies currently. In terms of market cap, it is currently the 39th largest digital currency (over US$5.16 billion in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through the NEAR token, how it works, and many more.

What Is NEAR Protocol Token (NEAR)?

NEAR Protocol is a decentralized application platform, which has been designed for making applications that are usable on the web. This network runs on Nightshade sharding, a Proof of Stake (PoS) consensus mechanism, that wants to offer its users scalability and stable fees.

The native utility token of the NEAR Protocol is NEAR. It is used:

  • As fees to process transactions
  • As fees to store data
  • To run validator nodes on the Near Protocol network for staking NEAR coins
  • For governance votes for determining the allocation of network resources.

NEAR tools provided by the Near platform are:

  1. NEAR SDKs
  2. Gitpod
  3. NEAR Wallet
  4. NEAR Explorer
  5. NEAR Command Line Tools

Alex Skidanov and Illia Polosukhin are the co-founders of the NEAR ecosystem.

NEAR Protocol Coin (NEAR): Facts & Figures

All these facts and figures (as of November 19, 2021) will help you to make a decision on investing in NEAR Protocol (NEAR) coins. Before making NEAR Protocol transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • NEAR Protocol NEAR Price: US$9.17 (Current Price of NEAR)
  • 24hour Trading Volume (24h Volume): US$172,612,440
  • All-Time High (ATH) Price: US$13.21 (reached on Oct 26, 2021)
  • All Time Low (ATL) Price: US$0.526 (reached on Nov 04, 2020)
  • 24h Low: US$9.01
  • 7d Low: US$8.47
  • 30d Low: US$8.47
  • 90d Low: US$4.61
  • 52 Week Low Price of NEAR Protocol: US$0.8692
  • YTD (Year-To-Date) Return: 570.24% YTD (Year-To-Date) price change
  • Market Cap: US$5,157,168,265 (US$5.16 billion)
  • Crypto Rank (in terms of market cap): 39th in the crypto market
  • Fully Diluted Market Cap: US$9,168,313,089
  • Max Supply: 1,000,000,000
  • Total Supply: 1,000,000,000
  • Circulating Supply: 562,464,779.00 NEAR (56%)

These are the facts that made the NEAR Protocol token a preferred medium of exchange. Always check out market data and technical analysis before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins and how to earn crypto easily.

NEAR Protocol NEAR Price Prediction & Forecast

  • WalletInvestor’s Price Prediction
  • US$18.938 by 2022
  • US$47.800 by 2026
  • DigitalCoin’s Price Prediction
  • US$15.94 by 2022
  • US$18.92 by 2023
  • US$22.28 by 2024
  • US$28.19 by 2025
  • US$31.31 by 2026
  • US$28.39 by 2027
  • US$40.36 by 2028
  • TradingBeasts’ Price Prediction
  • US$12.45568 by 2022
  • US$16.85366 by 2023
  • US$20.49768 by 2024
  • Gov.Capital’s Price Prediction
  • US$36.023 by 2022
  • US$74.601 by 2023
  • US$126.403 by 2024
  • US$191.599 by 2025
  • US$263.372 by 2026
  • CoinCodex’s Price Prediction
  • US$11.74 to US$20.35 by 2022

Where can you Buy NEAR Protocol Tokens?

You can buy NEAR Protocol coins in almost all top exchanges including:

  • Binance
  • Huobi Global
  • KuCoin
  • Gate.io, and many more.

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange.

The most popular NEAR Protocol coin price pairs of NEAR Protocol are:

  • NEAR/USDT
  • NEAR/BTC
  • NEAR/BUSD, and many more.

Before investing, check out historical data of token NEAR Protocol coin, fundamental analysis, crypto and ecosystem news, NEAR coin price charts, price performance, market updates, NEAR Protocol to USD (United States Dollar) exchange rate, NEAR price history, NEAR Protocol speed, NEAR Protocol price prediction and price forecast, and others.

What are the Best Crypto Wallets to Store NEAR Protocol coin Coins?

The best NEAR Protocol coin wallets to store NEAR Protocol coins are:

  1. Ledger Nano S
  2. Ledger Nano X
  3. Near Wallet

Invest in NEAR Protocol coin and Other Cryptocurrencies

You can buy and sell NEAR Protocol coin and other virtual currencies (including Cardano price) against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and NEAR Protocol coin markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility.

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit.

You can also diversify your crypto coin portfolio by including other digital assets such as NEAR, XMR, FIL, ETC, WBTC, BCH, BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, Internet Computer, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, Axie Infinity, and others.

Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return.

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