Near Protocol coin rallying as wider crypto market bleeds: here is where to buy NEAR

As the larger crypto market bleeds, the Near Protocol coin has been making headlines with its bullish rally. It set a new all-time high of $17.60 on January 4, this year, and despite the short pullback analysts expect the price to continue rallying.

As a result of the rallying, there has been increased demand for NEAR Protocol (NEAR) among investors and Invezz has created a brief article to assist the investors with what NEAR Protocol (NEAR) coin is and where to buy it.

To find out more, please continue reading.

Best places to buy the NEAR coin

What is NEAR Protocol (NEAR)?

NEAR Protocol (NEAR) is the native utility cryptocurrency used in the NEAR blockchain protocol.

The NEAR protocol is a decentralized blockchain platform for making apps that are usable on the web. It runs on a proof-of-stake consensus mechanism known as Nightshade that enables it to remain scalable while offering stable fees to its users.

The NEAR token is used for paying the fees required for validating transactions and storing data, running validator nodes on the protocol by staking the NEAR tokens, and also for governance.

Should I buy NEAR Protocol coin today?

Going by the recent price movements, the NEAR Protocol coin is a good investment.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

NEAR Protocol price prediction

Going by the recent price movements, NEAR Protocol (NEAR) price is anticipated to continue with its bullish trend and possibly hit $20 by the end of January.

However, it is always important to keep in mind that the cryptocurrency market is extremely volatile and it can unleash surprising moves.

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