Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday

Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday


Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today.

Near Protocol (NEAR)

Near protocol (NEAR) dropped to its lowest level in over one year, as the token extended recent declines.

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NEAR/USD fell to a low of $1.50 on Monday, slipping for a sixth straight session in the process.

This drop in price has seen NEAR move to its weakest point since July 20 last year, and it has since settled on its floor of $1.50.

Looking at the chart, prices have since rebounded from the point of support, and

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