DFace NewsNEAR token drops 7% amid proposal to reduce new supply
A proposal to cut the annual issuance of new NEAR tokens has passed. Over the next two years, 11.8 million tokens worth about $45 million at current prices will not enter circulation. The NEAR token has sunk 7%. Why it matters: supply adjustments can shift market dynamics, but the immediate price drop suggests investors may have different views on the change's impact.
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Source: Cointelegraph