Coin Bureau: NEAR Protocol Could See 150% Price Surge Short Term, 20x Potential Long Term Despite Expected Volatility
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Coin Bureau host Guy Turner predicts Ethereum rival NEAR Protocol's token NEAR could surge over 150% to $8 in the short term.
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NEAR has exploded in growth recently - its market cap sits at $3.5 billion, daily active wallets are almost 1 million.
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Turner cites bullish on-chain data showing parabolic increases in NEAR's transactions, total wallet count of 100 million, and surging TVL in DeFi protocols.
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Over the long term, Turner believes NEAR could rally over 20x from current levels, following Solana's previous bull market performance.
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However, Turner warns that NEAR's price won't only go up - investors should expect volatility.