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The price of the digital currency NEAR achieves a new record after the closing of the project’s financing round

The price of the digital currency NEAR achieves a new record after the closing of the project’s financing round

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Answer The price of the digital currency NEAR achieves a new record after the closing of the project’s financing round

When examining the list of the top 20 cryptocurrencies in terms of total market capitalization, we see a green indicator of about 5% in front of the digital currency NEAR, which achieved a new price peak in the last 24 hours, according to the website coinmarketcap.

The influencing reason is directly that the NEAR protocol was able to close a large funding round from major cryptocurrency investors in preparation for further progress directed towards DeFi.

CoinDesk reported that the NEAR protocol closed $150 million in funding from two prominent investors, some of which are:

Read:10% of Bitcoin Hasn’t Moved in Years… What Does That Mean?

Alameda Research, Su Zhu’s Three Arrows Capital, Dragonfly Capital, Andreessen Horowitz (a16z), etc.

The financing has reportedly occurred through the sale of cryptocurrencies in particular.

It was completed in two weeks, demonstrating great interest in the protocol.

Speaking about this, Ashwin Ramachandran, General Partner at Dragonfly Fund, said:

Near has done a great job from a technical point of view, and we want to help them achieve an advanced level of development, expand usage and build an ecosystem that reflects the current level of technological innovation.

The price at which NEAR coins were sold has not been specifically disclosed to investors.

But what is clear is that after the news broke, the price of NEAR rose to a new record, and is currently looking at $20.

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Read also:

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