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NEAR Protocol Rockets 10% Before Traders Cash In—What’s Next for the Rally?

NEAR Protocol Rockets 10% Before Traders Cash In—What’s Next for the Rally?

Author:
Coindesk
Published:
2025-07-03 16:31:56
12
2

NEAR Protocol Surges 10% Before Profit-Taking Halts Rally

NEAR Protocol just pulled off a classic crypto pump—surging 10% before profit-hunters slammed the brakes. Here's how it played out.

The sugar rush: NEAR's blockchain token ripped upward as traders piled in, chasing momentum. No fancy fundamentals needed—just good old-fashioned FOMO.

The hangover: Like clockwork, short-term holders dumped bags near local highs. Because why hold when you can book gains and tweet about it?

Cynical take: Another day, another crypto 'rally' that looks suspiciously like a liquidity trap for retail. But hey—at least the charts were pretty for a few hours.

|Square

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