Near Protocol's Token Almost Doubles in a Week, Ahead of Nvidia's AI Conference
NEAR's native token has nearly doubled since March 5 due to the hype around Nvidia's annual conference. Near Protocol's CEO will be on a panel at the conference titled "Transforming AI," sparking speculation about NEAR's future collaboration with Nvidia. NEAR's gains are part of a broader surge in the crypto AI market, with other tokens like FET, GRT, and AGIX also posting significant gains. The surge has been supported by bitcoin reaching a record high of $72,446. Additionally, DeFiance Capital's CEO expressed bullish sentiment about NEAR's future. NEAR started as an AI company in 2017 and transitioned to building the NEAR protocol in 2018, which operates at about 100,000 transactions per second. The token currently has a market cap of $7.45 billion.
