NEAR Price Drops 7% as Token Issuance Cut Proposal Passes

Your call?🐂 Bullish🐻 Bearish

NEAR price drops approximately 7% on November 3, trading near $3.82 despite approval of a proposal to reduce annual token issuance. The HSP-029 proposal aims to lower the maximum issuance rate from 2.5% to 1.6% over 24 months. The planned…