NEXO NEXO

1. Summary

Ranks

Liquidity

97

Developer

-

Social

99

Momentum (beta)

88

Stack Rank™

-

Price

$1.19 -1.7%

Market Cap

$669.46M (#102)

Supply

560.00M / 1.00B

Tags

Finance / Banking Polygon Ecosystem Fantom Ecosystem Ethereum Ecosystem Alleged SEC Securities

More Metrics

Price
52W High price	$1.55
52W High date	14th Mar 2024 (4 months ago)
All Time High (ATH) Date	12th May 2021 (3 years ago)
ATH Price	$4.07
% From ATH	-64.97%
All Time Low (ATL) Date	13th Sep 2018 (5 years ago)
ATL Price	$0.05
% From ATL	3056.05%

Supply & Trading Volume
Trading Volume (24h)	$4.17M
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	560.00M

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Description

The NEXO Token is an asset-backed token backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens offer additional utility features such as discounted interest rates on Nexo Instant Crypto-backed Loans and acceptance as collateral on the Nexo Platform. Holding NEXO Tokens also provides users with a 30% share of the company’s profits. Th...

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The NEXO Token is an asset-backed token backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens offer additional utility features such as discounted interest rates on Nexo Instant Crypto-backed Loans and acceptance as collateral on the Nexo Platform. Holding NEXO Tokens also provides users with a 30% share of the company’s profits. The NEXO Token was designed to help fund crypto-backed loans and incentivize use of the Nexo platform. It offers various tiers of rewards based on the percentage of NEXO Tokens in the user's overall portfolio.

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