NEAR Protocol ($NEAR) Crypto Forecast: Down 5.3% Today

What is NEAR Protocol?

Asset NEAR is a cryptocurrency token that operates on the NEAR Protocol, aiming to provide a scalable decentralized application platform. Market

Why is NEAR Protocol going down?

NEAR crypto is down 5.3% on Feb 12, 2025 15:17

• NEAR experienced a bearish movement despite positive news of the Near Foundation launching a $20 million fund to support AI integration in Web3.
• The market cap of AI tokens dropped to $6.6B, indicating a broader trend affecting NEAR's performance.
• The launch of the AI Agent Fund by NEAR Protocol did not seem to have an immediate positive impact on NEAR's price.
• Investors might be cautious due to the overall market sentiment towards AI tokens, leading to the bearish movement in NEAR's price.

NEAR Price Chart

NEAR Technical Analysis

NEAR News

Near Foundation announces $20M liquid fund for development of AI Agents

Near Foundation announces $20M liquid fund for development of AI Agents

https://coingape.com/brandtalk/pulse/near-foundation-announces-20m-liquid-fund-for-development-of-ai-agents/

NEAR Protocol Launches $20M AI Agent Fund as AI Token Market Cap Drops to $6.6B, SNAI Gains 127%

NEAR Protocol Launches $20M AI Agent Fund as AI Token Market Cap Drops to $6.6B, SNAI Gains 127%

https://thedefiant.io/news/blockchains/near-protocol-launches-20m-ai-agent-fund-ai-token-market-cap-drops-to-6-6b-snai-63ef1e94

Near Foundation Launches $20M Fund to Support AI Integration in Web3

Near Foundation Launches $20M Fund to Support AI Integration in Web3

https://crypto-economy.com/near-foundation-launches-20m-fund-to-support-ai-integration-in-web3/

Near Foundation Launches $20 Million Fund to Boost AI Agents

Near Foundation Launches $20 Million Fund to Boost AI Agents

https://beincrypto.com/near-foundation-ai-agent-fund/

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NEAR Protocol Price History

03.01.2025 - NEAR Crypto was down 17.0%

• NEAR's bearish movement today could be attributed to the overall decline in the market index, indicating a broader trend of mixed asset performance in the cryptocurrency market.
• Negative sentiment circulating in the market may have instilled fear and uncertainty among investors, leading to a sell-off of NEAR tokens.
• The introduction of new platforms may have diverted attention and capital away from NEAR, causing a dip in its price.
• Investors might be reallocating their funds to explore opportunities in other undervalued coins, resulting in a temporary downturn for NEAR.

31.00.2025 - NEAR Crypto was up 5.2%

• NEAR witnessed a notable uptrend likely driven by optimistic views on its technology and potential applications.
• The introduction of Helix's AI Index Perpetual Market, connecting crypto with traditional stocks, may have stimulated heightened interest and investment in cryptocurrencies like NEAR.
• Despite the market-wide drop in the CoinDesk 20 Index and the recent cryptocurrency market turbulence, NEAR managed to attract attention and investment.
• While AI token prices were negatively affected following the release of DeepSeek R1 and the launch of DeepSeek in China causing a market downturn, NEAR remained unaffected, demonstrating resilience and promising market strength.

27.00.2025 - NEAR Crypto was down 9.3%

• The bearish movement in NEAR token could be attributed to the broader crypto market crash.
• The release of DeepSeek R1 could have negatively impacted AI tokens like NEAR.
• The launch of DeepSeek in China might have caused panic selling in the AI crypto market, leading to NEAR's decline.
• The rising popularity of DeepSeek could have diverted investor attention away from NEAR, contributing to its bearish movement.

27.00.2025 - NEAR Crypto was down 11.6%

• NEAR exhibited a significant bearish movement on the current day.
• The downturn in NEAR could be linked to the prevailing pessimism in the AI crypto sector following the emergence of a Chinese AI startup, DeepSeek, that triggered a market crash for AI coins.
• Furthermore, the introduction of 1FUEL, a competitor to Uniswap that garnered substantial investments from NEAR Protocol backers in January, may have caused a shift in focus and investments away from NEAR, contributing to its bearish performance.
• The confluence of these factors likely resulted in reduced demand for NEAR tokens, ultimately leading to the observed bearish trend in the market.

27.00.2025 - NEAR Crypto was down 9.1%

• NEAR experienced a bearish movement likely due to the overall negative sentiment in the cryptocurrency market following the launch of DeepSeek R1, a Chinese AI startup's new product.
• The release of DeepSeek R1 caused a market crash in AI tokens, impacting NEAR and other similar projects.
• The rising popularity of DeepSeek in the AI sector sent shockwaves through the AI crypto market, leading to a significant drop in NEAR's price.
• The bearish movement in NEAR can be attributed to the storm caused by DeepSeek's entrance into the market, causing uncertainty and selling pressure among investors.

05.01.2025 - NEAR Crypto was down 5.1%

• The bearish movement in NEAR today may be linked to:
• Recent updates by Binance on XRP, APE, and NEAR futures trading, potentially causing uncertainty and leading to profit-taking in the NEAR market.
• Market sentiment toward altcoins like NEAR possibly being influenced by Binance's significant updates on various cryptocurrencies, potentially redirecting focus away from NEAR.
• The emergence of Elluminex alongside other undervalued coins potentially diverting investor attention from NEAR, resulting in a negative impact on its price.
• The launch of Helix's AI Index Perpetual Market, which merges crypto and traditional equities, potentially attracting some investors away from NEAR toward this new offering, thereby negatively affecting NEAR's price.

29.00.2025 - NEAR Crypto was up 5.0%

• NEAR displayed a notable bullish movement today, contrasting the generally bearish trend in the cryptocurrency market.
• Market sentiment was predominantly pessimistic, marked by a decline in the CoinDesk 20 Index and apprehensions surrounding a potential crypto market downturn.
• The introduction of DeepSeek by China triggered a significant market impact leading to a decline in AI tokens; however, NEAR exhibited resilience by moving upward in price.
• The growing prominence of DeepSeek had repercussions on AI coins, yet NEAR's distinct features and strong community backing likely influenced its positive price performance despite the prevailing market conditions.

01.01.2025 - NEAR Crypto was down 5.2%

• NEAR's bearish movement could be attributed to the overall decline in the market index, indicating a broader market trend affecting various cryptocurrencies.
• The release of the DeepSeek R1 by AI Token may have diverted investor attention and funds away from NEAR, contributing to its price drop.
• The debut of Elluminex and Helix's AI Index Perpetual Market may have attracted investors towards other cryptocurrencies and traditional equities, leading to a sell-off in NEAR.
• The general sentiment of the market, as highlighted in discussions questioning the reason for the crypto market crash, could have influenced investors to sell off their NEAR holdings, further exacerbating the bearish movement.

12.01.2025 - NEAR Crypto was down 5.3%

• NEAR experienced a bearish movement despite positive news of the Near Foundation launching a $20 million fund to support AI integration in Web3.
• The market cap of AI tokens dropped to $6.6B, indicating a broader trend affecting NEAR's performance.
• The launch of the AI Agent Fund by NEAR Protocol did not seem to have an immediate positive impact on NEAR's price.
• Investors might be cautious due to the overall market sentiment towards AI tokens, leading to the bearish movement in NEAR's price.

10.01.2025 - NEAR Crypto was up 5.7%

• The Near Foundation's launch of a $20 million fund for supporting AI integration in Web3 has potentially attracted investor interest and boosted confidence in NEAR's future.
• The emphasis on developing AI agents in the NEAR ecosystem may draw more developers and users to the platform, enhancing its utility and value.
• The recent updates on NEAR futures trading on Binance could also have influenced the bullish trend, indicating improved accessibility and liquidity for the token.

07.01.2025 - NEAR Crypto was up 5.1%

• NEAR experienced a strong bullish movement today, likely driven by the announcement of the Near Foundation launching a $20 million fund to support AI integration in Web3 and boost AI agents.
• The updates on NEAR futures trading on a major exchange could have also contributed to the positive sentiment surrounding the token.
• The focus on AI integration and the support from a well-known exchange could have sparked investor interest and optimism in NEAR's potential for growth and innovation.
• Overall, the combination of positive developments and increased market exposure likely fueled the bullish movement in NEAR's price today.

08.01.2025 - NEAR Crypto was down 5.4%

• NEAR's bearish movement could be attributed to the overall drop in the AI token market cap to $6.6 billion. This decrease in market cap might have led to a sell-off of NEAR tokens.
• The launch of a $20 million fund by the Near Foundation to support AI integration in Web3 could have initially sparked some positive sentiment. However, it seems that the market sentiment quickly turned bearish despite this announcement.
• The updates on NEAR futures trading might have also influenced the market movement. It's possible that traders reacted negatively to these updates, contributing to the bearish trend in NEAR's price.
• Overall, the combination of a declining AI token market cap, mixed reactions to the fund launch, and potential uncertainties surrounding Binance's updates could have all played a role in NEAR's bearish movement today.