![]() ![]() In the spring, the NEXO coin was listed on Huobi Global, and the price rose to 7-8 cents. The winter saw an even harder situation when the price gravitated toward the $0.05 mark. In the fall of 2018, the price fluctuated roughly between 5 and 10 cents. Another factor contributing to the poor performance in the market was the limited presentation on the most popular exchanges. It coincided with the overall crypto market decline lasting until 2020, with separate spikes here and there. In the summer of 2018, the price shrank in two. The initial price of the Nexo token was around 21 cents. As of April 2023, the token costs more than when it entered the market. Its price has been volatile throughout time, but the overall trend is ascending. The Nexo token appeared on the markets in May of 2018. NEXO Price Analysis for the Past Several Years By the end of the year, it may exceed $5.7. The anticipated average NEXO price is around $5.49. In 2028, the NEXO price will definitely cross the $4 mark and grow up to $5 during the following year. The tech indicators show that in 2027 the NEXO price is finally going to reach a level of its all-time high, hitting from $3.44 to $3.9 by the end of the year. At worst, it will hit $1.3.īy the end of 2025, the NEXO is expected to reach from $2 to $2.42, depending on the duration of the crypto market uptrend. Considering the upcoming Nexo collaboration plans for the future and the overall market surge, the NEXO price may reach up to $1.7. However, most probably, it will cross the $1 line.Ģ024 will see a crypto rally associated with the next BTC reward halving. By most conservative prospects, the Nexo token will reach at least 80 cents per token by the end of 2023. As Nexo is a competitive project whose native token has landed on several top-notch exchanges, we believe the NEXO price will increase. Lately, the crypto market has been recovering from the 2022 downtrend. It’s understood that such a bonus for the use of the Nexo native token stimulates the growth of the NEXO price. These numbers make NEXO one of the highest-yielding crypto platforms. It means that with NEXO rewards, you can enjoy up to 8% APY for crypto investments and up to 12% APY for stablecoins and fiat currencies. To incentivize users to prefer the NEXO rewards, the platform offers an extra 2% interest to those who choose this option. If you choose the latter option, you will get rewards only in NEXO, regardless of the currency you hold. You can get rewards in the same currency as an investment itself or choose to get rewards in NEXO, a platform’s native token. Using an Earn on Crypto function, you can lock up different assets as an investment. On top of it, you can get a Nexo crypto loan card. Using the platform, you can buy crypto, swap tokens, earn interest, and get loans. Interest is paid daily (in the case of crypto investment)Īs of April 2023, Nexo supports over 40 fiat currencies.Nexo has anti-theft insurance via BitGo.The 6% yearly growth in crypto investments.The 10% annual growth on fiat money and stablecoin investments.The action doesn’t require selling crypto In terms of market cap, NEXO is slightly below the top 100 cryptos. As of April 2023, over $1.5 billion went through Nexo. The major positions in the company are occupied by Michael Arrington and Acntoni Trenchev. More than that, the company is not anonymous, and people responsible for the fair work of Nexo are public. The platform provides multiple protection measures to ensure the safety of funds deposited to Nexo. In some instances, on Nexo, you can get cash loans with zero APR. One of the selling points of Nexo is that it offers competitive rates for investment growth opportunities. It makes Nexo an entry platform and significantly eases its use. Apart from cryptocurrencies, Nexo allows users to do operations with fiat currencies. Nexo is a platform suitable for investors looking to grow their wealth in cryptocurrency or borrow some crypto. On top of price prediction, we will answer the most frequent questions about the Nexo price and provide the past trajectory of the Nexo price so you will have a better perspective of the asset in time. Nexo is a native token of the crypto lending platform of the same name. In this article, we provide a price prediction of the cryptocurrency known as Nexo. Traders and market analysts developed many tools that help to determine where the price is heading based on the previous trajectory and scheduled events that usually affect the crypto market in a certain way. However, decades of market research have taken their toll. Predicting the prices of cryptocurrencies, especially for years ahead, might seem an infeasible task. ![]()
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