Is NEAR Protocol (NEAR) a shitcoin?
$ No. Strong fundamentals, few red flags.
Gold-meter
58/100
merit score
Shit-meter
28/100
red-flag score
NEAR Protocol: Strongest on tech & development (90); biggest red flag is insider control (45).
— — Market Cap —
Layer 1 · Data confidence medium How much of the methodology had verified data behind this score. It says nothing about the project itself. Is this verdict fair?
Community opinion — never affects scores.
Every score is built from the indicators below. Select any line for the reasoning, raw data and source.
Goldcoin score breakdown Higher is better · total 58 Fair launch & distribution 16% of score 10
Genesis allocation to insiders measured 0 57% Launch method assessed 20 Private VC rounds Top-100 holders' share measured ?
Unknown Decentralization 16% of score 51
Consensus mechanism assessed 65 Permissionless proof of stake Largest client's share measured 0 100% Nakamoto coefficient measured 69 8 Permissionless participation assessed 100 Anyone can mine or validate Reachable full / validating nodes measured 20 250 Usability as money 10% of score 88
Confirmation speed (L1) assessed 90 Under 10s Typical transaction fee (L1) assessed 85 $0.001 to $0.01 Supply soundness 14% of score 78
Current annual inflation measured 86 2.3% Supply policy assessed 70 Decaying or small tail emission Cost to attack measured 67 ~$1B (est.) Full bear markets survived measured 40 1 Halts or rollbacks, last 5 years measured 100 0 Years in production measured 55 6 years Tech & development 12% of score 90
Programmability assessed 100 Full smart contracts (EVM or native VM) Monthly active core developers measured 61 16 Open source assessed 100 Fully open Originality assessed 100 Novel design or research Annual fees ÷ market cap measured 42 0.019% Daily active addresses measured ?
Unknown TVL or non-speculative settlement ÷ market cap measured ?
Unknown Security budget 10% of score 54
Fee share of security rewards assessed 15 Under 3% Real reward to securers assessed 50 Roughly break-even Security trend (hashrate or staked share, 1 year) assessed 50 Flat Security spend (rewards ÷ market cap per year) assessed 100 1.5% or more of market cap per year
Shitcoin score breakdown Higher is worse · total 28 Track record 10% of score 0
Core-protocol exploits with user losses, last 5 years measured 0 0 Regulatory enforcement against the issuer measured 0 None Admin powers 15% of score 17
Freeze or blacklist function measured 0 No Mint authority measured 0 None Upgrade path measured 50 Admin upgrade with ≥ 7-day timelock Insider control 20% of score 45
Team, investor and foundation holdings measured 50 ~25% (est.) Top-10 wallets' share measured ?
Unknown Who controls upgrades and governance assessed 40 Foundation-led Unlock overhang 15% of score 2
FDV ÷ market cap measured 0 1× Unlocks in next 12 months measured 4 1% Function beyond speculation assessed 0 Money, gas or collateral Market cap ÷ annual economic throughput measured ?
Unknown Token needed to use the product assessed 0 Required Hype dependence 10% of score 0
Celebrity, influencer or politician launch assessed 0 No Social mentions ÷ active addresses measured ?
Unknown Trading turnover measured ?
Unknown Methodology v0.8 · computed 2026-09-29 