In recent weeks, the coin market has witnessed significant volatility, especially regarding NEAR Protocol (NEAR). As we enter November 2024, NEAR has put on an impressive performance with a positive trend and remarkable growth. Let's analyze these changes in depth and predict the trend in the coming weeks of the year.
NEAR Price Trends in the Last 15 Days
Starting from November 18, 2024, NEAR recorded a rather modest price of $5.70. However, just in the following days, the price of NEAR saw significant growth, reaching its highest peak during this period on November 25, 2024, with a price of $6.92. The upward trend was further strengthened by interest from institutions and improvements in NEAR's strategy.
Specifically, NEAR experienced a week of explosive growth with a 22% increase, thanks to momentum from financial institutions investing heavily in this platform. News from DeFi Llama indicates that currently, $300 million is locked in smart contracts on NEAR's blockchain, demonstrating trust in this altcoin platform.
Forecasting Trends in the Next 15 Days
It is expected that NEAR will continue to attract attention from the coin community, especially in the last month of 2024. According to forecasts, the price of NEAR is likely to remain below the $10 mark, with a peak expected at around $8.28. This indicates solid growth potential but also warns that some price adjustments may occur due to the general volatility of the crypto market.
Overall, those interested in NEAR and similar altcoins should closely monitor market developments and surrounding news to make informed investment decisions.
In conclusion, NEAR Protocol is showing strong appeal with a combination of sustainable development strategies and recognition from investment institutions. NEAR's next steps promise to bring many exciting surprises and great potential for crypto investors.
