Four days ago, NEAR’s Wallet Selector, an intuitive pop-up that allows users to choose their preferred wallet, went live. After that, the NEAR token skyrocketed.
Today, it has added another tenth to its value. There are several reasons for this. CV VC Global Report 2022 recognized NEAR as one of the top organizations in the platforms and protocol category.
In addition, a month-long pop-up hackathon called SpringIsNEAR started today. The top 15 participants will get $15,000.
This brief guide has everything you need to know about the NEAR Protocol and token, including whether and where to buy NEAR if you choose.
Top places to buy NEAR now
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What is NEAR?
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability.
This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum.
NEAR Protocol’s declared goal is to become a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Should I buy NEAR today?
NEAR can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.
NEAR price prediction
Wallet Investor predicts NEAR will go up to $25.46 in one year, which equals a profit of 52 in that period. In five years, 1 NEAR will be worth $63.65.
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— Majesty (@MajestyRjames) April 10, 2022