It’s true that Nexo was a great disappointment for investors in 2018. NEXO price went down from $0.000001 on January 1st 2018 to $0.085395 on December 31 2018. However, it is worth monitoring our Nexo price prediction algorithm: Nexo might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, NEXO might be the coin to watch closely now.
The current Nexo price is $0.103369, its circulating supply is 560 000 011 NEXO. Our algorithm predicts that based on historical data Nexo price will be at $0.116256 in 1 week and $0.139502 in 1 month. Our deep learning algorithm predicts the NEXO price will be at $0.152772 in 6 months. Analysis of the cryptocurrency market shows that Nexo price may reach $0.266196 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that NEXO will stay around $0.240065 in 2019, $0.266196 in 2020, $0.281028 in 2021, $0.322425 in 2022 and $0.358601 in 2023.
While creating the Nexo prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.152772 and lowest possible predicted price is $0.115286.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Nexo has the potential to stay within "survivors" team. Our Nexo short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Nexo Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Nexo forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Nexo (NEXO)?
The current price of Nexo is $0.103369.
What is the current market capitalization of Nexo (NEXO)?
The current market capitalization of Nexo is $57 886 563.
What will be the price of Nexo (NEXO) Tomorrow?
Our algorithm forecasts that the price of Nexo will reach $0.108630 tomorrow.
In 1 year from now what will 1 Nexo be worth?
As per the forecast and algorithmic analysis, the the price of 1 Nexo will be around $0.240065.
Is it profitable to invest in Nexo (NEXO)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Nexo (NEXO) as a short term investment. Nexo can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Nexo be growing in the Future?
Nexo is potentially one of the most profitable among digital coins.
How high can the Price of Nexo go?
Our algorithm forecasts that the price of Nexo will reach $0.358601 by 2023.
Is Nexo (NEXO) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Nexo now.
NEXO isn't just another lending platform. It's partnered with BitGo. Those that don't know what BitGo is: It's the banking and custodial service that Kraken, CME group, pantera capital, and many more use to store their digital coins. It doesn't take a genius to realize that NEXO is the real deal. This coin has military grade encryption, and is one of the most secure networks in the world. This is a gem, and it's steadily climbing on CMC. This coin won't be so unknown for long.
Lending platforms are a great use case for crypto. People are underestimating the broad use for a fully decentralized lending system on the blockchain. Do any of you understand how much money goes through Financial lending systems on a yearly basis? These are just as valuable as tokenized things such as security tokens. Jump on the train before it leaves the station.
Nexo provides instant overdraft without the need for lengthy checks that reduce the chances of having a bad credit history. Quick access to money. Instant access to cash worldwide via bank transfer, cryptocurrency or Nexo credit cards. The ability to quickly meet requests for withdrawal.
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