Biden's administration has taken a decisive stance against
Chinese Bitcoin miners, ordering a halt to operations in close proximity to U.S. nuclear missile bases. This occurring amidst the rise of
unlisted meme coins and the increasing dominance of coins such as Rollblock (RBLK), which are overtaking major players like Binance Coin, Polkadot, and
Near Protocol (NEAR).
Near Protocol's price is showing a bullish reawakening, with projections looking towards $16.
It continues to outshine alongside coins such as PEPE, and shows signs of potential hack resistance with 'sovereignty' X posts.
Near Protocol is also facilitating
multichain transactions from one account, underway hire of
Artificial-Intelligence engineers as part of their AI roadmap.
A successful launch of Chain Signatures enhances the legitimacy of Near Protocol and allows users to explore new coin offerings, including Koala Coin (KLC). The value of Near Protocol has almost doubled in a week. The roll-out of new features and bullish sentiment surrounding Bitcoin similarly appears to be indirectly benefiting
NEAR.
Near Protocol also plans to collaborate with Polygon Labs to build a ZK solution and faces volatility as it aims for a $12 mark. However, Near Protocol is facing allegations in a new lawsuit suggesting that it and other coins may be
securities.
Near Protocol shows promise amidst the cryptocurrency market's volatility, with a predicted rise following the 2024 Bitcoin halving. Furthermore, Near Protocol is at the center of building
Celestia's 'Data Availability' for Ethereum Rollups.
NEAR Coin News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Tue, 14 May 2024 16:49:56 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -3
