Near Crypto

NEAR Crypto  USD 7.01  0.04  0.57%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Risk Of Devaluation

Less than 31

 
High
 
Low
Below Average
Near is trading at 7.01 as of the 30th of November 2024, a 0.57% increase since the beginning of the trading day. Near has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Cryptocurrency ratings for Near are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Near is peer-to-peer digital currency powered by the Blockchain technology. More on Near

Moving together with Near Crypto Coin

  0.85ETH EthereumPairCorr
  0.86XRP XRPPairCorr
  0.77SOL SolanaPairCorr
  0.87ADA CardanoPairCorr
Near is a digital token from an online market maker for peer-to-peer digital cash-like asset called Cryptocurrency. Near has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Near are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Near are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Near Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Near's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Near or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Thematic IdeaUSD Crypto Fund (View all Themes)
Business ConcentrationUSD Crypto Fund, Technology, Cryptocurrency, Blockchain (View all Sectors)
Near is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 22 exchanges in multiple currencies. NEAR is an open-source, decentralized platform that combines the features of a decentralized database with others of a serverless compute platform. It aims to enable developers and entrepreneurs to build censorship-resistant back-ends for applications dealing with high-stakes data, while the NEAR token economy rewards token holders for network participation. The platform provides a community-operated cloud infrastructure for deploying and running decentralized applications, enabling easy and sustainable application development for securing high-value assets like money and identity.
Coin TypeNear
Proof TypePoS
IndustryFinancial and Insurance Activities
FINMAUtility
FCAUtility
AccessPermissionless
Collateralized AssetNo
SymbolNEAR
RatingD+
Technology Adoption RatingD+
Market Performance RatingD+
NameNEAR
Sponsoredfalse
Asset Whitepaper UrlView
Block Time1.1111
Decimal Points24.0
Is Tradingtrue
Algorithm Typesha-256
Asset Launch Date2020-04-22
Full NameNear (NEAR)
Asset Website Urlhttps://near.org/
Block Number133.81 Million
Platform Typeblockchain
Coin NameNear
Total Coins Mined1.22 Billion
Near (NEAR) is traded on CRYPTO Exchanges. Near is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under 'Micro-Cap' category with a current market capitalization of 70.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Near's market, we take the total number of its shares issued and multiply it by Near's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Near's Exchanges and Markets

HitBTC Bitfinex Bitstamp Luno Unocoin Coinbase Kraken NDAX Poloniex BitMart Binance Korbit DigiFinex Exmo Coinone Bitkub Bithumb BTCMarkets Bibox Bitso CoinEx LBank

Near Risk Profiles

Near Technical Analysis

When it comes to investing in cryptocurrency, such as Near, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Near, which is currently traded at 7.01, shows everything you need to know about Near market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Near, to determine its price movements. However, the Near's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Near's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Near's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Near Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Near price patterns.

Near Against Markets

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Near without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

Did you try this?

Run Volatility Analysis Now

   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Module

How to invest in Near

You need to understand the risk of getting into digital currencies such as NEAR before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Near in four ways:

Buy NEAR through an exchange

Get yourself a crypto wallet before embarking on your Near journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Near. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Near through an exchange

You don't have to buy a full token when starting out since NEAR is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Near through a broker

If you don't want to store your Near Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in NEAR through an exchange-traded fund (ETF)

You can also invest in NEAR through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Near in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
When determining whether Near offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Near's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Near Crypto.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Near. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Near's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Near value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Near's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.