Trader Predicts Growth for Near Protocol

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Trader Forecasts Positive Outlook for Near Protocol (NEAR)

A renowned cryptocurrency trader has issued an optimistic prediction for Near Protocol (NEAR), highlighting its potential to become a formidable competitor to Ethereum (ETH). The trader, known as Bluntz, shared their analysis on social media platform X, where they boast a following of over 300,000.

Current Status of NEAR Protocol

NEAR Protocol currently stands at $6.70, ranking 24th in market capitalization. It has experienced a significant 9.5% surge within the last 24 hours and an impressive 22% growth over the past week.

Surge in Altcoins Predicted

Bluntz remains bullish on the altcoin market, noting that several altcoins have demonstrated promising performance. They anticipate that as Bitcoin (BTC) gains momentum, a substantial number of altcoins are poised for notable growth this week.

Key Points:

• NEAR Protocol trades at $6.70.
• It has experienced a 9.5% surge in the last 24 hours.
• Bluntz forecasts a breakout for NEAR against both USD and BTC.

Positive Outlook for NEAR and DOGE

The overall sentiment remains positive for NEAR Protocol and other altcoins, including Dogecoin (DOGE). Traders are advised to closely monitor the market and consider Bluntz's insights for effective navigation.