Assalamu Alaikum
How are you? By Allah's grace, I'm doing very well. The cryptocurrency market changes every day, but there are some coins that have a very strong foundation, one of which is NEAR Protocol. NEAR is still an important coin for those who expect good returns in the long term. Today we will see how this coin is currently performing and what its potential value could be in the next few weeks.
NEAR Protocol is a Layer-1 Blockchain that makes it easy for developers to create dApp (Decentralized Application). Its specialty is its sharding technology, which makes it fast, scalable and environmentally friendly. This coin has low gas fees and can work as a bridge with Ethereum. The current price of NEAR Protocol is $ 2.8 and two days ago it was around $ 3.1, NEAR Protocol has corrected a little due to the Bitcoin dump, but the volume is still healthy. Let's see how far the price of this coin can go in the future? Considering the technical analysis of NEAR Protocol and the market trend, we can say that the time frame target price (expected) is $ 3.5–4.20 in 1 week and $ 5–6 in the next 2–3 weeks. It should be remembered that these predictions are based on the spot market and chart patterns and the market is always volatile, so risk management is important. Why you can invest in NEAR Protocol, because it is a very strong ecosystem – Aurora as well as Octopus, and many other projects are being built on NEAR. There is institutional interest in this coin, meaning many big companies are now looking at NEAR. NEAR Protocol is now focusing more on AI Integration and Web3 as new updates are coming which are making its future stronger.
NEAR Protocol is a coin that is not just a trend, but a reflection of a future technology, I personally think that NEAR will go one step further in the coming months to reach new heights near $7, if the market can maintain the support of Bitcoin. Can you tell me what you think about NEAR and is this coin in your portfolio? Remember that coins that have use cases can do very well in the future and NEAR Protocol is working on better projects in the future so I hope this coin will do good in the future. And NEAR Protocol has been performing quite well in the market for a long time, although this coin dropped a lot due to the bad market conditions a few days ago, but now it is bouncing back again. Remember that there is always volatility in the crypto market, so before making any decisions here, do your own analysis and take steps according to your own risk. Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.