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Near (NEAR) Plummets 15% Weekly, Yet This Signal Hints at a Reversal

By Dimitar Dzhondzhorov

NEAR is no longer part of the top 20 biggest cryptocurrencies after its market cap dropped to roughly $4.8 billion.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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