At the time this article was wrriten The price of the $NEAR token is about $18.7 on Friday, , up over 21.4 percent in the previous 24 hours. In this post, we’ll look at some of the possible explanations for this outstanding performance.

The Most Recent Round of Funding for NEAR

The NEAR Foundation stated on Wednesday (April 6) that it has received $350 million in its current investment round, less than three months after closing a $150 million funding round headed by Three Arrows Capital.

According to The Block, Tiger Global led the $350 million round, which included Republic Capital, Hashed, FTX Ventures, Dragonfly Capital, and others.

Tiger Global partner John Curtius stated in a statement:

“With first-rate technology and a rapidly developing developer environment, NEAR is positioned to be a premier smart contract blockchain platform.” “As we increase up our efforts in the digital asset industry, we’re thrilled to assist NEAR.”

Near’s Chart And Technical Analysis