Markets
NEAR token sinks 7% as proposal to cut annual token issuance passes
Cointelegraph·November 3, 2026·1 min read
NEAR token fell 7% after a proposal to cut annual token issuance passed. The issuance cut would prevent 11.8 million NEAR, worth about $45 million at today's price, from entering circulation over two years. This reduction aims to decrease supply and potentially support the token's value.
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