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NEAR Protocol (NEAR) coin has been on a sustained bullish trend since July 20 pushing the prices by over 1200% in a span of about 5 months.
As a result of the price hike, investors are scrabbling for it for fear of being left out.
Because of the increased demand for NEAR Protocol (NEAR) among investors, Invezz has created a brief article to assist the investors to understand what NEAR Protocol (NEAR) coin is and also assist them to find the best places to buy it.
To find out more, please continue reading.
Best places to buy the NEAR coin
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is NEAR Protocol (NEAR)?
NEAR Protocol (NEAR) is the native utility cryptocurrency used in the NEAR blockchain protocol.
The NEAR protocol is a decentralized blockchain platform for making apps that are usable on the web. It runs on a proof-of-stake consensus mechanism known as Nightshade that enables it to remain scalable while offering stable fees to its users.
The NEAR token is used for paying the fees required for validating transactions and storing data, running validator nodes on the protocol by staking the NEAR tokens, and also for governance.
Should I buy NEAR Protocol coin today?
Going by the recent price movements, the NEAR Protocol coin is a good investment.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
NEAR Protocol price prediction
Going by the recent price movements, NEAR Protocol (NEAR) price is anticipated to continue with its bullish trend and possibly close the year above $15.
However, it is always important to keep in mind that the cryptocurrency market is extremely volatile and it can unleash surprising moves.
$NEAR social media coverage
$NEAR jumped 23% to $10.80 on Wednesday after an announced integration with @terra_money's $UST stablecoin.@shauryamalwa reportshttps://t.co/eoh8Tc0CDB
— CoinDesk (@CoinDesk) December 22, 2021
The upside of $NEAR is huge, in comparison with other Layer 1 coin in the crypto market!$NEAR $ETH $SOL $LUNA $AVAX $ADA $BNB $DOT $MATIC $ALGO $ATOM pic.twitter.com/xq1Nr8mkCQ
— Nearians (@Nearians_) December 22, 2021
The post Where to buy NEAR coin: it set a new all-time high today after UST integration appeared first on Invezz.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.