NEAR Price Plunges Below $2 as 85% Drawdown Fuels Buyer Caution

NEAR’s value has plummeted over 85%, dropping below the $2 mark and highlighting concerns about investor sentiment. The price remains significantly lower than its all-time high, which was reached in early 2022. The cryptocurrency’s persistent weakness is evident in a chart showcasing sustained downward momentum since late 2021, with no notable rebound or upward trend to date. Despite recent crypto market fluctuations, NEAR has yet to show signs of recovery and remains under pressure from heavy selling activity.