Skip to main content

NEAR token jumps 30% amid AI hype, Arthur Hayes endorsement and scaling plans

The Block·May 22Read the full story →

Hex37's read

  • NEAR token price surged 30% following AI narrative momentum.
  • Arthur Hayes endorsed NEAR, HYPE, and ZEC as his top altcoin picks.
  • Scaling plans and AI-related hype are driving investor interest in NEAR.

What it means for traders

  • High-profile endorsements can trigger short-term volatility; watch for profit-taking near resistance levels.
  • Monitor NEAR's momentum as AI-themed tokens often exhibit strong correlation with broader sector sentiment.

Affected markets

Practice this on Hex37

News like this moves markets. Practice trading the move with $10,000 in virtual balance and exchange-grade execution, no real money at risk.