CoinEx Academy | An Undervalued New Public Chain: How NEAR Defied the Gloomy Market and Reached New Highs

Over the recent period, in light of the US inflation rate, which has remained at a high level, people suspect that the Federal Reserve may raise interest rates sooner than previously scheduled. Driven by such negative market sentiments, plenty of cryptos have suffered a temporary price drop. Yet, NEAR, the native token of NEAR Protocol, has defied the gloomy market and is now widely regarded as an undervalued Layer 1 protocol.

Last year, the performance…

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