NEAR Protocol Rockets 10%—Until Traders Cash In and Kill the Momentum

NEAR Protocol just pulled off a classic crypto pump-and-chill. The blockchain’s token ripped 10% upward—only to get smacked down by profit-hungry traders who couldn’t resist taking gains off the table.

The Rally That Couldn’t

For a hot minute, NEAR looked unstoppable. Then reality hit: no moon mission survives the first wave of paper hands. The sell-off came fast, because in crypto, euphoria has a half-life shorter than a meme coin’s relevance.

Same Script, Different Chain

Repeat after us: rallies are just liquidity events disguised as breakthroughs. NEAR’s no different—solid tech, sure, but price action still dances to the tune of leverage flippers and hedge funds playing hot potato with your bags.

Next time? Maybe the ‘hodlers’ win. Or maybe Wall Street’s algo-trading droids will front-run retail again. Place your bets.