What is the near token ranked?

Market capitalization, often abbreviated as market cap, is a fundamental concept in understanding the value of a cryptocurrency. It is calculated by multiplying the current price of the token by the total number of tokens that are circulating and available for trading.

The market capitalization of NEAR Protocol, abbreviated as NEAR, is a key metric in evaluating its overall worth in the cryptocurrency space. Currently, the market cap stands at $5,458,860,766, showcasing its significant presence among the numerous digital assets.

This impressive figure places NEAR Protocol at the 24th position on CoinGecko's rankings, a testament to its growing popularity and adoption within the crypto community.

Furthermore, BTCC also supports futures trading, allowing traders to speculate on the future price movements of NEAR and other cryptocurrencies. This advanced trading feature offers users the opportunity to potentially amplify their profits or manage risk more effectively.

In the case of NEAR Protocol, the circulating supply of NEAR tokens is approximately 1.1 billion. This means that the total number of NEAR tokens that are currently in circulation and can be bought or sold on the market is this figure.