Coin Gabbar Token

The Price of NEAR is soaring.Over the past 24 hours, the token has climbed by more than 10%. In the previous week, it rose by more than 25% as well. The price is presently $5.18. As soon as word spread that the NEAR Foundation will be launching a $100 million venture capital and venture lab, the token spiked.The new launch will work to increase Web3’s reach. Caerus Ventures and the launch are partners. Due to the successes of the NEAR protocol, NEAR’s market cap climbed by 9% just today. The startup fund will have a $50 million initial investment with the possibility of an additional $100 million in Series A investments.NEAR?<a href="https://www.coingabbar.com/en/crypto-research-papers/near" rel="noopener noreferrer nofollow">The NEAR protocol</a>, an organisation aiming to develop the Web 3.0 ecosystem, has its own cryptocurrency called $NEAR. Additionally, it creates tools for Web 3.0 developers to aid in blockchain coding in Rust and JavaScript. Additionally, it has a scalable blockchain.Additionally, it unveiled its sharding technology to help Web 3.0 apps scale better. By splitting transactions into smaller groups for execution and combining them afterwards to increase scalability, a process known as “sharding” is used. With the help of NEAR’s nightshade sharding technology, its apps want to add a billion new users.Additionally, Near offers a wallet and staking product. The NEAR wallet has no guardianship. A non-custodial wallet enables a user to own their private key outright. Due to their centralization, non-custodial wallets do not have possible conflict of interest problems.How much more can it go up?NEAR’s establishment of a venture fund is not its only success. It declared that more than 800 Web 3.0 projects were currently running on its protocol. Additionally, it holds<a href="https://www.coingabbar.com/en/crypto-currency/near-near-prices-usd" rel="noopener noreferrer nofollow"> NEARCON</a> in Portugal.If NEARCON goes well, the token price will rise more. However, given the Fed’s hawkish outlook, investors must exercise caution.

NEAR breaks the $5 barrier as prices soar, how much high can it make?

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