Ethereum's rival Near Protocol (CRYPTO: NEAR) is currently trading below its true value and is primed to join the ranks of the top 10 largest crypto assets, predicts a prominent crypto strategist.
What Happened: The Crypto Dog, a well-known crypto analyst, shared his insights with his 750,500 followers on X social media platform, as reported by The Daily Hodl on Monday. He believes Near, currently ranked as the 24th largest crypto asset by market capitalization, is undervalued.
The Crypto Dog stated that the advanced technology and strong capitalization of Near, along with potential retail FOMO (Fear of Missing Out), could propel the crypto asset into the top 10. He foresees Near rallying by more than 86% in the coming weeks, targeting a price of $7.
See Also: Bitcoin Headed For A New All-Time High? Here's What This Indicator Says, According To Crypto Analyst
Speaking of Ethereum competitor Solana (CRYPTO: SOL), The Crypto Dog predicted further growth for this crypto asset after its diagonal resistance was broken.
Regarding Bitcoin (CRYPTO: BTC), the strategist suggested that a spot market BTC exchange-traded fund might cause increased volatility. However, he added that any significant dip could present a golden opportunity for long-term investors.
Why It Matters: Near's recent performance may lend credence to The Crypto Dog's prediction. On Monday, Near Protocol's price surged by 5.46% within 24 hours to $3.96. Over the past week, Near experienced a rise of over 85.0%, from $2.14 to its present price. The coin's all-time high stands at $20.44.
The trading volume for Near has increased by 169.0% over the past week, even as the circulating supply of the coin decreased by 0.05%, resulting in a circulating supply of 1.01 billion. Near's current market cap ranks it at number 24, at $3.98 billion.
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Image by Adisak Riwkratok via Shutterstock
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一位著名的加密策略師預測，以太坊的競爭對手Near Protocol（加密貨幣：NEAR）目前的交易價格低於其真實價值，並準備加入十大加密資產行列。
發生了什麼：據《每日霍爾報》週一報道，著名的加密分析師加密狗在X社交媒體平台上與他的750,500名粉絲分享了他的見解。他認爲，目前按市值排名第24大加密資產的Near被低估了。
Crypto Dog表示，Near的先進技術和強勁的市值，以及潛在的零售FOMO（害怕錯過機會），可能會推動該加密資產進入前十名。他預計，未來幾周Near將上漲超過86％，目標價格爲7美元。
另見：比特幣即將創下歷史新高？根據加密分析師的說法，這就是這個指標所說的
說到以太坊的競爭對手索拉納（加密貨幣：SOL），The Crypto Dog預測這種加密資產在對角線阻力被打破後將進一步增長。
關於比特幣（加密貨幣：BTC），該策略師表示，現貨市場比特幣交易所交易基金可能會導致波動性增加。但是，他補充說，任何大幅下跌都可能爲長期投資者帶來千載難逢的機會。
爲何重要：Near最近的表現可能會爲The Crypto Dog的預測提供可信度。週一，Near Protocol的價格在24小時內飆升了5.46％，至3.96美元。在過去的一週中，Near從2.14美元漲至目前的價格，上漲了85.0％以上。該代幣的歷史新高爲20.44美元。
在過去一週中，Near的交易量增長了169.0％，儘管該代幣的流通供應量減少了0.05％，流通供應量爲10.1億。Near目前的市值排名第24位，爲39.8億美元。
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圖片由 Adisak Riwkratok 通過 Shutterstock 拍攝
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