77% of retail investor accounts lose money when trading CFDs with this provider.
|1 NEXO = 0.55970 GBP||1 000 GBP = 1,786.66744 NEXO|
|100 NEXO = 55.97012 GBP||100 000 GBP = 178,666.74 NEXO|
|Currently in circulation: 560,000,010 NEXO||The maximum amount of NEXO in circulation: 1,000,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current NEXO price
|Current price||0.5597 GBP / 0.6912 USD / 0.6455 EUR|
|Total market value||314,113,452 GBP / 387,889,682 USD / 362,266,465 EUR|
|Price change in the last 24h||0.81%|
|Price change in the last 7 days||1.41%|
|Updated||May 31, 2023, 1.39 am|
In the last 24h, the price of the cryptocurrency NEXO has increased by 0.81%. Overall, it can be said that there is an increasing trend because the value of NEXO has increased by 1.41% in the last 7 days. The total market value of the cryptocurrency NEXO as of Jan 12, 2022, is 387,889,682 USD (roughly 314,113,452 GBP), which makes it the 107th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: cUSDC | WOO Network | SingularityNET
|Date||NEXO/USD||Price in GBP||Change in 24h|
|May 30, 2023||0.698 USD|
|May 29, 2023||0.682 USD|
|May 28, 2023||0.671 USD|
|May 27, 2023||0.665 USD|
|May 26, 2023||0.680 USD|
|May 25, 2023||0.657 USD|
|May 24, 2023||0.669 USD|
|May 23, 2023||0.677 USD|
|May 22, 2023||0.675 USD|
|May 21, 2023||0.669 USD|
|May 20, 2023||0.684 USD|
|May 19, 2023||0.683 USD|
|May 18, 2023||0.685 USD|
|May 17, 2023||0.682 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of NEXO in a day/week/month?
Predicting the NEXO price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is NEXO worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not NEXO is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.