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Nexo priceNEXO
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BuyQuote currency:
USD
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Price of Nexo today
The live price of Nexo is $1.34 per (NEXO / USD) today with a current market cap of $862.78M USD. The 24-hour trading volume is $7.58M USD. NEXO to USD price is updated in real time. Nexo is -2.01% in the last 24 hours. It has a circulating supply of 646,145,860 .
What is the highest price of NEXO?
NEXO has an all-time high (ATH) of $4.63, recorded on 2021-11-16.
What is the lowest price of NEXO?
NEXO has an all-time low (ATL) of $0.04333, recorded on 2018-09-12.
Nexo price prediction
When is a good time to buy NEXO? Should I buy or sell NEXO now?
When deciding whether to buy or sell NEXO, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget NEXO technical analysis can provide you with a reference for trading.
According to the NEXO 4h technical analysis, the trading signal is Strong sell.
According to the NEXO 1d technical analysis, the trading signal is Neutral.
According to the NEXO 1w technical analysis, the trading signal is Strong buy.
What will the price of NEXO be in 2025?
Based on NEXO's historical price performance prediction model, the price of NEXO is projected to reach $2.1 in 2025.
What will the price of NEXO be in 2030?
In 2030, the NEXO price is expected to change by -9.00%. By the end of 2030, the NEXO price is projected to reach $2.57, with a cumulative ROI of +89.88%.
Nexo price history (USD)
The price of Nexo is +50.99% over the last year. The highest price of NEXO in USD in the last year was $1.58 and the lowest price of NEXO in USD in the last year was $0.7673.
TimePrice change (%)
Lowest priceHighest price
Lowest priceHighest price 24h-2.01%$1.33$1.42
7d-9.07%$1.21$1.51
30d+5.87%$1.21$1.55
90d+28.41%$0.9374$1.55
1y+50.99%$0.7673$1.58
All-time+1235.02%$0.04333(2018-09-12, 6 years ago )$4.63(2021-11-16, 3 years ago )
Nexo market information
Market cap
$862,784,973.75
-2.01%
Fully diluted market cap
$1,335,279,005
-2.01%
Volume (24h)
$7,582,412.46
-60.12%
Market rankings
Circulation rate
64.00%
24h volume / market cap
0.87%
Circulating supply
646,145,860 NEXO
Total supply / Max supply
1,000,000,000 NEXO
-- NEXO
ICO price
$0.1000 ICO details
Nexo ratings
Average ratings from the community
4.4
This content is for informational purposes only.
About Nexo (NEXO)
Cryptocurrency Nexo is a popular digital asset that has gained significant attention in the crypto market. Launched in [Year], Nexo aims to bridge the gap between traditional finance and the world of decentralized digital currencies. One key feature of Nexo is its lending platform, which allows users to borrow against their crypto assets. This means that individuals can use their Nexo tokens or other supported cryptocurrencies as collateral to secure a loan. The platform offers the flexibility of instant access to funds without the cumbersome process of credit checks or lengthy applications. Another important aspect of Nexo is its interest-earning functionality. Users are able to earn interest on their Nexo holdings by simply depositing them into their Nexo wallets. This provides an opportunity for individuals to grow their cryptocurrency holdings passively, as the interest is paid out daily. Furthermore, Nexo offers a NEXO Token, which plays a vital role in the ecosystem. Holding NEXO Tokens grants users various benefits, such as discounts on interest rates, higher loan limits, and eligibility for a share of the platform's profits. The NEXO Token also ensures transparency as it is publicly traded and easily auditable. Security is a paramount concern in the crypto industry, and Nexo takes this aspect seriously. The platform provides military-grade security measures, including cold storage for users' funds and multi-signature technology to safeguard against unauthorized transactions. Nexo further distinguishes itself by offering a seamless user experience. The platform is user-friendly and offers a mobile app, allowing users to access their digital assets and engage in transactions on the go. In conclusion, Nexo is a prominent cryptocurrency that offers innovative lending and interest-earning opportunities. With the NEXO Token as a key element, the platform provides users with numerous benefits and a transparent environment. Its focus on security and user experience has made Nexo a popular choice for individuals seeking to leverage their crypto assets for financial growth.
NEXO to local currency
1 NEXO to MXN$26.811 NEXO to GTQQ10.251 NEXO to CLP$1,320.791 NEXO to UGXSh4,878.591 NEXO to HNLL33.761 NEXO to ZARR24.461 NEXO to TNDد.ت4.241 NEXO to IQDع.د1,742.191 NEXO to TWDNT$43.571 NEXO to RSDдин.149.781 NEXO to DOP$80.991 NEXO to MYRRM6.021 NEXO to GEL₾3.751 NEXO to UYU$59.321 NEXO to MADد.م.13.381 NEXO to AZN₼2.271 NEXO to OMRر.ع.0.511 NEXO to SEKkr14.731 NEXO to KESSh172.581 NEXO to UAH₴55.78
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Last updated 2024-12-21 17:23:12（UTC+0）
How to buy Nexo(NEXO)
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Nexo (NEXO)
Use a variety of payment options to buy Nexo on Bitget. We'll show you how.
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Nexo news
If the Bitcoin Reserve Bill is passed, it may bring an end to the cryptocurrency's four-year boom-bust cycle.
Bitcoin's price trend will no longer be as influenced by internal mechanisms such as halving, but rather more affected by external factors such as institutional adoption and geopolitical events.
BlockBeats•2024-12-21 12:00
OPINION: Ether to hit $5,000 early next year as analysts are generally bullish for Christmas
Bitget•2024-12-13 15:56
Analyst highlights XRP's open interest surge and price stability
Grafa•2024-12-12 02:20
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FAQ
Is Nexo a good investment?
Nexo delivers the The World’s First Instant Crypto-backed Loans, thus resolving a crucial inefficiency for the crypto world. Up to this very moment, no alternatives existed for digital asset owners to enjoy their crypto wealth except selling them. The innovative model of Nexo brings to the crypto community the best of both worlds - retaining 100% ownership of their digital assets while having immediate access to cash, makes this a unique and interesting investment opportunity
What is the use-case of Nexo Tokens?
Nexo offers users the option to secure loans in cash or stablecoins using their cryptocurrency holdings as collateral. By depositing their crypto, users can obtain loans with competitive interest rates. These funds can be utilized for various needs, and borrowers have the flexibility to repay the loan whenever they choose, subsequently retrieving their collateral.
How does Nexo work?
Nexo offers a seamless way for users to borrow cash or stablecoins by using their digital assets like Bitcoin or Ethereum as collateral. By depositing these assets into a Nexo wallet, individuals and institutions can leverage their holdings to get loans. Typically, the loan-to-value (LTV) ratio provided by Nexo ranges between 50% to 75%. This implies that a deposit of digital assets worth $10,000 could allow borrowing up to $7,500. Users can freely utilize these funds for various purposes and maintain ownership of their deposited assets. However, should the asset value drop significantly, additional deposits might be needed to maintain the set LTV. A standout feature of Nexo is its dividend system; 30% of its net profit is regularly shared among NEXO token holders. Moreover, owning NEXO tokens grants reduced loan interest rates and other benefits.
What is the Nexo token?
The NEXO token stands as the cornerstone of the Nexo platform, offering a plethora of benefits and features. Token holders not only enjoy reduced loan interest rates and premium customer support but are also privy to a lucrative 30% share of the platform's net profits via regular dividends. This model encourages NEXO token retention, ensuring a consistent passive income stream for investors. Beyond this, NEXO token provides holders with unique advantages like exclusive promotions, early bird access to fresh offerings, and voting rights in pivotal platform decisions through a DAO mechanism. Furthermore, NEXO doubles up as a utility token, permitting users to utilize it as collateral to secure cash or stablecoin loans at competitive rates, safeguarding crypto assets from being liquidated.
What are the advantages of Nexo token?
Nexo Coin (NEXO) boasts an array of advantages for its users. A standout feature is its provision of instant crypto-backed loans, enabling both individuals and institutions to effortlessly access cash or stablecoins while retaining their digital assets. Another distinctive aspect of NEXO is its dividend distribution model, rewarding token holders with a share of the platform's net profits periodically. In addition, users benefit from competitive interest rates, further enhancing its appeal. Underpinning Nexo's success is a seasoned team with a deep-rooted history in finance, supplemented by strategic alliances with key players in the cryptocurrency realm.
What is Nexo wallet and what are its benefits?
The Nexo Wallet stands out as a user-friendly and secure avenue for managing your digital assets. Alongside its main function of storage, the wallet integrates seamlessly with Nexo's instant loan services. Key advantages encompass earning interest on your cryptocurrency holdings, swift access to cash loans without the hassles of credit checks or extended application procedures. Prioritizing user safety, the Nexo Wallet embeds top-notch security measures like two-factor authentication and bank-level encryption, ensuring robust protection for your assets.
What is the current price of Nexo?
The live price of Nexo is $1.34 per (NEXO/USD) with a current market cap of $862,784,973.75 USD. Nexo's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Nexo's current price in real-time and its historical data is available on Bitget.
What is the 24 hour trading volume of Nexo?
Over the last 24 hours, the trading volume of Nexo is $7.58M.
What is the all-time high of Nexo?
The all-time high of Nexo is $4.63. This all-time high is highest price for Nexo since it was launched.
Can I buy Nexo on Bitget?
Yes, Nexo is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Nexo guide.
Can I get a steady income from investing in Nexo?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Nexo with the lowest fee?
Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.
Where can I buy Nexo (NEXO)?
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2. If you're new to Bitget, watch our tutorial on how to create an account.
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Cryptocurrency investments, including buying Nexo online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Nexo, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Nexo purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
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BGUSER-DH9MZN10
2024/12/13 16:21
$XRP's recent surge is attributed to a combination of factors, including favorable regulatory progre
$XRP's recent surge is attributed to a combination of factors, including favorable regulatory progress, a rebound in the crypto market, and the token's fundamental strengths and popularity. According to Nexo research analyst Iliya Kalchev, the significant increase in $XRP open contracts indicates its growing appeal, expanding investor base, and increased trading activity ¹.
XRP has repeatedly broken through the $2 mark since December and has become one of the best-performing altcoins over the past 30 days. Ripple's approval by the New York State Department of Financial Services (NYDFS) to launch RLUSD stablecoin has further boosted market confidence.
Several key factors are driving XRP's growth, including:
- *Ripple's Legal Victory*: The partial victory against the SEC in August 2024 has restored investor confidence and increased adoption of XRP Ledger by financial institutions.
- *Rising Institutional Interest*: Growing adoption by banks and payment providers, as well as a potential spot XRP Exchange-Traded Fund (ETF), are contributing to XRP's upward momentum.
- *Bullish Market Sentiment*: The overall cryptocurrency market has been performing well, with Bitcoin stabilizing around $97,000, creating a positive environment for altcoins like XRP.
While the future looks bright, investors should remain cautious due to regulatory developments, market volatility, and competition. As Kalchev stated, XRP's trend will depend on Ripple's strategy and market maturity ¹.
BITCOIN-4.79%
NEXO-3.68%
SHAHZAIN-SANJRANI99
2024/12/13 16:11
$XRP's recent surge is attributed to a combination of factors, including favorable regulatory progre
$XRP's recent surge is attributed to a combination of factors, including favorable regulatory progress, a rebound in the crypto market, and the token's fundamental strengths and popularity. According to Nexo research analyst Iliya Kalchev, the significant increase in $XRP open contracts indicates its growing appeal, expanding investor base, and increased trading activity ¹.
XRP has repeatedly broken through the $2 mark since December and has become one of the best-performing altcoins over the past 30 days. Ripple's approval by the New York State Department of Financial Services (NYDFS) to launch RLUSD stablecoin has further boosted market confidence.
Several key factors are driving XRP's growth, including:
- *Ripple's Legal Victory*: The partial victory against the SEC in August 2024 has restored investor confidence and increased adoption of XRP Ledger by financial institutions.
- *Rising Institutional Interest*: Growing adoption by banks and payment providers, as well as a potential spot XRP Exchange-Traded Fund (ETF), are contributing to XRP's upward momentum.
- *Bullish Market Sentiment*: The overall cryptocurrency market has been performing well, with Bitcoin stabilizing around $97,000, creating a positive environment for altcoins like XRP.
While the future looks bright, investors should remain cautious due to regulatory developments, market volatility, and competition. As Kalchev stated, XRP's trend will depend on Ripple's strategy and market maturity ¹.
BITCOIN-4.79%
NEXO-3.68%
BGUSER-539T4L1J
2024/12/13 15:05
$XRP's recent surge is attributed to a combination of factors, including favorable regulatory progre
$XRP's recent surge is attributed to a combination of factors, including favorable regulatory progress, a rebound in the crypto market, and the token's fundamental strengths and popularity. According to Nexo research analyst Iliya Kalchev, the significant increase in $XRP open contracts indicates its growing appeal, expanding investor base, and increased trading activity ¹.
XRP has repeatedly broken through the $2 mark since December and has become one of the best-performing altcoins over the past 30 days. Ripple's approval by the New York State Department of Financial Services (NYDFS) to launch RLUSD stablecoin has further boosted market confidence.
Several key factors are driving XRP's growth, including:
- *Ripple's Legal Victory*: The partial victory against the SEC in August 2024 has restored investor confidence and increased adoption of XRP Ledger by financial institutions.
- *Rising Institutional Interest*: Growing adoption by banks and payment providers, as well as a potential spot XRP Exchange-Traded Fund (ETF), are contributing to XRP's upward momentum.
- *Bullish Market Sentiment*: The overall cryptocurrency market has been performing well, with Bitcoin stabilizing around $97,000, creating a positive environment for altcoins like XRP.
While the future looks bright, investors should remain cautious due to regulatory developments, market volatility, and competition. As Kalchev stated, XRP's trend will depend on Ripple's strategy and market maturity ¹.
BITCOIN-4.79%
NEXO-3.68%
Abiha_Fatima
2024/12/13 13:25
Nexo Analyst: The surge in $XRP's open contracts reflects its appeal and fundamental advantages
On December 13, Nexo research analyst Iliya Kalchev recently stated that the significant increase in $XRP open contracts indicates its growing appeal, expanding investor base, and increased trading activity. This surge is believed to be related to favorable regulatory progress and a rebound in the crypto market. In addition, Kalchev believes that $XRP fundamental strengths and popularity are key drivers of its growth.
According to Coingecko data, XRP has repeatedly broken through the $2 mark since December and has become one of the best-performing altcoins over the past 30 days. Meanwhile, Ripple's approval by the New York State Department of Financial Services (NYDFS) to launch RLUSD stablecoin has further boosted market confidence. Notably, XRP offers an annualized return rate of up to 12% on Nexo platform's financial products, providing investors with additional income opportunities and attracting user attention. Kalchev stated that XRP's trend will depend on Ripple's strategy and market maturity; current trends indicate its growth and relevance may continue.
NEXO-3.68%
XRP-1.60%
AizenBash
2024/11/26 21:16
Here is the summary of the crypto market as of the NYSE close on November 26, 2024:
1. BTC/USDT and ETH/USDT Price Action:
BTC/USDT: Bitcoin is trading around $91,159, reflecting a daily gain of 1.98%. The coin has shown bullish momentum over the week, up 4.82%, and remains in the consolidation zone below its recent peak of ~$99,800 $BTC
ETH/USDT: Ethereum is at approximately $3,307.70, with a modest daily increase of 0.10%. Over the last week, ETH rose 6.53%, and analysts suggest the potential for another upward wave if it breaks above key resistance levels. $ETH
2. Forex News Impacting Crypto:
The U.S. Dollar Index (DXY) showed marginal strength, which usually weighs on crypto prices, but risk-on sentiment following recent Federal Reserve comments appears to be supporting the crypto market's upward trend. $DYDX
3. Top 5 Gainers and Losers (24-Hour Performance):
Top Gainers:
DASH: +18.5%
NEXO: +17.2%
ZIL: +15.8%
THETA: +14.6%
CRV: +13.4%
Top Losers:
APT: -12.3%
RNDR: -10.8%
ARB: -10.5%
GMX: -9.7%
MKR: -8.9%
4. Market Insights:
Market Cap: The total crypto market cap remains steady above $2.2 trillion, showcasing resilience despite macroeconomic uncertainties.
Trend Analysis: Both BTC and ETH are attempting to establish clear breakout patterns, indicating potential continuation of the bullish cycle.
BTC-0.33%
CRV-3.85%
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Nexo Social Data
In the last 24 hours, the social media sentiment score for Nexo was 3, and the social media sentiment towards Nexo price trend was Bullish. The overall Nexo social media score was 0, which ranks 790 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Nexo being mentioned with a frequency ratio of 0%, ranking 539 among all cryptocurrencies.
In the last 24 hours, there were a total of 190 unique users discussing Nexo, with a total of Nexo mentions of 46. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has decrease by 29%.
On Twitter, there were a total of 0 tweets mentioning Nexo in the last 24 hours. Among them, 0% are bullish on Nexo, 0% are bearish on Nexo, and 100% are neutral on Nexo.
On Reddit, there were 26 posts mentioning Nexo in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 1200% .
All social overview
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