NEAR Price Plunges as Key Supports Break
Near (NEAR) price has broken key supports, signaling further declines in the cryptocurrency market. According to Pluang, a financial application that provides micro-investment products for Indonesians, NEAR's price drop may be attributed to its weak fundamental performance.
The company cites the Indonesian Financial Services Authority (OJK) as regulating and supervising the trading of NEAR on Central Finansial X (CFX), which is also guaranteed by Kliring Komoditi Indonesia (KKI).