Assessing how NEAR flipped Litecoin with its recent rally

In an interesting turn of events, the NEAR protocol token has shot up by 15.06% over the last day to take Litecoin’s #19 position.

NEAR pushes Litecoin FAR away

The rise in its market cap was the result of two factors- smaller supply, and a strong rally. There is just one billion NEAR in total supply out of which 659 million NEAR are in circulating supply. Well, the 18.76% increase observed in the last 24 hours pushed NEAR’s market cap above $10 billion.

This 20.93% further adds to the…


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