NEXO

0
Predicted performance
Price prediction in 3M

1.26 33.21%

Historical
Future
0%
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What is NEXO all about

What is NEXO all about

All-Time High • May 12 2021

3.37

All-Time Low • Sep 13 2018

0.03883774

Market Cap

527,972,143

Market Cap 24h

16,713,138 +3.27%

Total Volume

4,397,166

Circulating Supply

560,000,010.01

56%
Max Supply

1,000,000,000

All Time High Change

-72.06%

All Time Low Change

+2323.14%

Nexo is a platform that allows users to borrow fiat currency, which is collateralized with crypto. You can also have your digital assets work on Nexo and earn daily interest. Nexo wants to utilize the full potential of blockchain technology to build a new, digital financial system.

Nexo takes platform and asset security very seriously. It is partnered with leaders in the cryptocurrency security segment, such as BitGo and Ledger. Through these partnerships, Nexo maintains insurance protection of $375 million. To be transparent, Nexo works with Armanino LLP. The company provides real-time attestations of Nexo's custodial holdings.

The NEXO token is an ERC-20 token, which runs on the Ethereum network. It is an essential aspect of Nexo's infrastructure. It's an interest-bearing token, with additional benefits. Holders of the NEXO token can benefit from the platform's loyalty program. It is a four-layered system, with increasing rewards. The benefits of the program are as follows:

  • Decreasing the interest rate of your loan
  • Increasing the yield earned on your digital assets
  • Increasing the number of free monthly crypto withdrawals

On top of that, loyalty program participants also gain the ability to take part in Nexo's governance. The platform also allows users to earn interest rates on their cryptos in NEXO. This option is incentivized by offering a slightly higher APY.

Nexo oracle is an essential technology in the Nexo environment. The oracle algorithmically determines Loan-to-Value ratios for borrowers. For the user, it primarily means that Nexo does not need to know your credit score or bank data. Nexo oracle also has several other functions:

  • Wallet maintenance
  • Data analysis and prediction modelling
  • Monitoring assets in real-time
  • Withdrawal, loan, and dividend distributions
  • Repayment analytics
  • Automated notifications for users
NEXO Profit Calculator

NEXO Profit Calculator

Date of investment

02.05.2018

Initial investment

EUR

Bought

NEXO
NaN%

Today's value would be

0
426.76%
Investment
Profit
Questions & Answers

NEXO Questions & Answers

How much is NEXO worth today?

Osom expert

Price of NEXO right now is at 0.94 Euro.

When did NEXO hit its highest price?

Osom expert

The price of NEXO reached its highest point on 2021-05-12, at 3.37 Euro.

What will NEXO be worth in one month time?

Osom expert

In accordance with our short term price prediction, we expect, that NEXO's price will be between €0.53 and €1.68 in one month time.

What price will NEXO reach in three months time?

Osom expert

In accordance with our prediction algorithm we expect that NEXO's cost will reach anywhere between €0.53 and €1.95 in 3 months time.

How much will NEXO cost in half a year?

Osom expert

Predicting the future with any degree of accuracy is difficult, but according to our price prediction we expect that NEXO's price is likely going to be between €0.26 and €2.28 in six months.

Do online users engage in NEXO discussions?

Osom expert

35010 people were participating in an online discussion on Reddit about NEXO in the last 2 days. NEXO's official Twitter handle is currently followed by 224392 people.

Questions & Answers form

Got a question about NEXO? Ask us!

10 days NEXO price forecast

10 days NEXO price forecast

DayPrice PredictionChange
2022-09-300.80771297-14.35%
2022-10-010.80934232+0.2%
2022-10-020.8054709-0.48%
2022-10-030.81244406+0.87%
2022-10-040.81862042+0.76%
2022-10-050.82476879+0.75%
2022-10-060.82770973+0.36%
2022-10-070.82820162+0.06%
2022-10-080.83772924+1.15%
2022-10-090.84280981+0.61%

Long term NEXO price prediction

MonthPrice PredictionChange
October 220.80934232-14.18%
November 221.5+85.87%
December 221.36-9.9%
January 231.22-10.3%
February 231-17.42%
March 231.17+16.14%
April 231.24+6.46%
May 231.22-1.46%
June 230.31069075-74.6%
July 230-100%
August 230-NaN%
September 230.1174765+Infinity%

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