AI Blockchain Project Near Protocol Surges 38% Friday, but Not for the Reason You May Think

High-performance AI-native blockchain Near Protocol (CRYPTO: NEAR) is one of those cryptocurrency projects that's seen a miniature boom-bust cycle play out in recent days as investor demand for anything tied to artificial intelligence has waned.Some of the volatility certainly makes sense, with valuations in all pockets of the AI-linked economy seeing the impact of questions around future profitability and valuation concerns. But Near Protocol's 38.4% move over the past 24 hours (as of 12:45pm ET) does suggest there's more driving this near-term move than a reversion trade as investors pick winners and losers from among AI stocks.Here's the catalyst investors appear to be watching today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool