Near Protocol Matches Dogecoin Price Performance in March, Is Green Bitcoin the Next Eco-Friendly Crypto To Explode?
Near Protocol has risen by 3% in the past 24 hours, with its move to $7.18 also marking an impressive 63% gain in a week.
With the alt also up by 127% in the last 30 days, it has outperformed numerous other major tokens, with Dogecoin (DOGE), for example, also rising by just over 100% in a month.
Yet it isn’t the only high-potential coin in the market right now, with several newer tokens looking ready to post above-average gains in the near future.
This includes Green Bitcoin (GBTC), a new Ethereum-based version of Bitcoin that has seen its presale raise $3.5 million in only a few weeks.
Near Protocol’s chart looks pretty bullish at the moment, with its indicators showing plenty of buying pressure.
Its relative strength index (purple) has hit nearly 80 again after reaching this level last week and seesawing a little, suggesting that its current rally still has some life left in it.
Its 30-day average (yellow) is also rising vigorously at the moment, putting more distance between it and the 200-day (blue), a sign that it remains firmly in a growth spurt.
Volume is also healthy at $750 million, compared to about $250 million a month ago, suggesting a good level of demand.
To a large extent, NEAR has benefitted from the current bull market, which has resulted in bullishness across the board.
Yet it has also risen for more fundamental reasons, with the PoS layer-one blockchain network – which uses chain abstraction to allow for a more user-friendly experience – attracting growing usage in recent weeks.
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