NEAR Protocol is a type of digital money that people can buy and sell. Sometimes, its value goes up or down depending on how many people want it. In the past 24 hours, more people wanted NEAR Protocol so its value went up by 8%. But in the past week, fewer people wanted it so its value went down by 6%. The picture shows how much the value changed compared to before. There are also lines that show how much the value changes around the average. Read from source...
- The title is misleading and sensationalized. It implies that NEAR Protocol is rising significantly in a short period of time, when in reality it is only increasing by 8.22% over the past 24 hours, which is not very impressive for a cryptocurrency. A more accurate title would be "NEAR Protocol Experiences Minor Price Increase After Recent Losses".
- The article does not provide any context or background information on what NEAR Protocol is, how it works, or why it matters to investors. It assumes that the reader already knows about this coin and its features, which may deter casual readers who are interested in learning more about it. A better introduction would be something like "NEAR Protocol is a decentralized application platform that allows developers to create and deploy applications on a scalable, secure, and interoperable network".
- The article focuses too much on the price movement and volatility of NEAR Protocol, without giving enough attention to its fundamentals, such as its technology, adoption, partnerships, or roadmap. It also uses technical terms like Bollinger Bands and trading volume without explaining what they mean or how they are calculated, which may confuse readers who are not familiar with these concepts. A more balanced approach would be to include some information on the coin's strengths and weaknesses, as well as its potential for growth and innovation.
- The article does not provide any sources or citations for its data, which makes it hard to verify its accuracy and credibility. It also uses outdated or unreliable data sources, such as CoinGecko API, which may not reflect the current state of the market or the coin's performance. A more responsible journalism would be to cite reputable and up-to-date sources, such as CoinMarketCap, Coinbase, or NEAR Protocol's official website.