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The NEAR Protocol price climbed 1% in the last 24 hours to trade at $2.32 as of 4.30 a.m. EST on trading volume that soared 60% to $171.47 million.
The project is in the spotlight after digital asset manager Bitwise filed an application on May 6 to list a spot NEAR ETF, adding yet another altcoin to a growing list currently trying to get regulatory approval.
The Bitwise NEAR ETF would track the price movements of the NEAR token, minus expenses, using a traditional brokerage. It also named Coinbase Custody as the proposed custodian.
The Securities and Exchange Commission (SEC) has recently delayed decisions on a number of other crypto ETFs, including XRP, DOGE, and LTC.
NEAR Protocol Price Prediction
Following Bitwise’s spot NEAR ETF filing, the NEAR token’s price started to surge after previously dropping for around five days. The token’s value reached $2.6 on May 1, and after more than 24 hours of trying to breach this resistance, it was rejected late on May 2.
After that, it kept spiraling down until a support at $2.30 stopped its descent. From there on, its price surged again, to $2.38 earlier today, failing to reach $2.40. However, the token’s Bollinger bands remain quite wide, which is a bullish signal, and it indicates that the price might continue to surge.
As for the project’s Relative Strength Index (RSI). its value fluctuated between 50 and 35 for the first half of the day yesterday, slowly growing further as the day moved on, eventually seeing fluctuations between 40 and 55.
By early Wednesday, the RSI shot up into the overbought zone, hitting 72.82 before a sell-off took it down to 40. The traders then moved in to buy the dip, pumping the RSI back up to 63.62. Since then, it has spent the last few hours between 55 and 65, meaning that there is more room for growth, but it remains to be seen whether traders feel optimistic enough to keep pushing the price forward.
Last Chance To Buy This Promising Alternative To NEAR Protocol
While investors seem largely unmoved by the application for a NEAR ETF, they are piling into MIND Of Pepe (MIND), a presale project that combines an AI agent with a meme coin.
The project is currently in ICO, and is closing on $9 million in funding. Underneath the bonnet of this PEPE-themed token is a self-sovereign real-time intelligence capable of performing hive-mind analysis.
It has an autonomous X account that allows it to monitor conversations across crypto Twitter and analyze them to spot emerging trends long before they become apparent to humans.
Its findings will then be made available exclusively to its token holders, giving them a market edge.
👁️ $MIND is almost upon us 👁️
In just under 30 days the pre-sale phase of Mind of Pepe will end. 🔥
Are you prepared to Enter the $MIND? 👁️https://t.co/YQZ9DDOeVb pic.twitter.com/3IFT7oh5I4
— MIND of Pepe (@MINDofPepe) May 1, 2025
ClayBro, a crypto YouTuber with over 136k subscribers, believes that MIND has 20x potential after launch.
The MIND token is currently available for $0.0037515. But note that the project’s presale website has added a timer that indicates there are now only less than 24 days left to buy.
Last chance to buy MIND tokens.
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