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NEAR price drops 15%, market cap falls below $5B, exiting top 20 cryptos.

Technical Signals
08 Nov 2026, 18:04 WIB
Tokenpost
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Bearish
NEAR price drops 15%, market cap falls below $5B, exiting top 20 cryptos.

NEAR cryptocurrency's price fell about 15% to around $3.70, causing its market capitalization to drop below $5 billion to approximately $4.8 billion. This decline pushed NEAR out of the top 20 largest cryptocurrencies by market cap. Analyst Ali Martinez noted a buy signal from the TD Sequential indicator on NEAR's daily chart, highlighting a previous aggressive sell-off in mid-October that saw the price fall nearly 40% from $6 to $3.63. This suggests potential buying opportunities despite recent losses.

While NEAR's price dropped about 15% recently, on Pluang it trades at Rp67.560 with a positive 1-day change of 3.32% as of Nov 08, 2026 23:21 WIB. Its market cap on Pluang stands at Rp87,91 trillion, contrasting with the article's $4.8 billion figure. Despite the weekly decline noted in the news, Pluang data shows a balanced order activity with 57% Sell and 43% Buy, and a typical hold time of 51 days, indicating ongoing investor interest.

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