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What is Near Protocol (Near)

investing08 - 2024-05-07 05:54:15

*Near Protocol is a decentralized application dApp platform for developers to create and launch by leveraging a network of computer or nodes.


*Near Protocol has its native token called as (NEAR).


*Near has a unique solution to scaling problem and has its own consensus mechanism called "Doomslug".


Founder of Near


*Near was founded by Erik Trautman in 2017, and its co- founder was Illia Polosukhin and Alexander Skidano.


Circulation of Near


*Near has a total supply of 1,188,295,576 NEAR tokens.


*There are 1,066,836,477 NEAR tokens are circulating in market.


*Near token ranked at 17th in April 2024 with a market cap of $7,246,524,356 among other crypto currencies.


Where to buy Near


*As per now you can invest in many exchanges like- Binance, Bybit, Coinbase exchange , OKX HTX, Upbit, Kraken, Kucoin and Gate.io.


Technical and future analysis of Near


*As I have shown below in my chart of Near Usdt that it went up in November 2023 and left behind an order block and liquidity.


*Order block at $2.32 level and liquidity below it as shown in chart.


*As you can see market crashing down and if market crashes like this then you can invest at these levels of it because it will go up by taking these levels.


*Near Usdt will go at these level or order block and liquidity sweep before making its new all time high.


*Invest in these levels and you can earn good profit from your portfolio.


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