Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of NEXO. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect NEXO's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of NEXO based on past trends, based on the principle that 'history tends to repeat itself.' Price action of NEXO is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of NEXO.

What is the all-time high price of NEXO?

NEXO reached an all-time high of $4.07 in 2021-05-12, while its current trading price is $0.974.

What is the all-time low price of NEXO?

NEXO reached its historical low of $0.04515 in 2021-05-12.

What is the current market cap of NEXO?

The current market cap of NEXO is $974.00M, with NEXO’s circulating supply at 1.00B NEXO and the current trading price at $0.974.

How many NEXO tokens are there in the market?

Currently, there are 1.00B NEXO circulating in the market. These NEXO tokens can be traded or used on the open market.

What is the maximum supply of NEXO?

The maximum supply of NEXO is 1.00B, including its circulating supply, locked or staked amounts, and any supply yet to be mined, minted, or created.

What is the fully diluted market cap of NEXO?

Currently, the fully diluted market cap (FDV) of NEXO is $974.00M. This is calculated by multiplying the circulating supply by the current price of $0.974, assuming all of the token’s supply enters circulation.

What is the price prediction for NEXO?

The NEXO price prediction uses algorithms that automatically identify trends in historical data and make predictions and adjustments based on current market conditions. With advanced machine learning, the price prediction can help users assess the trends in the cryptocurrency market before making an investment.

Is NEXO a good investment?

NEXO has a strong return potential due to its inherent volatility, which offers opportunities for profit. However, volatility is a double-edged sword and is more suited for investors with a high-risk tolerance and good financial health. It’s important to remember that NEXO and the broader crypto market are always impacted by extreme market conditions, legal policies, social media stories, and other unpredictable factors. Therefore, before investing in NEXO, it's recommended that you conduct thorough research and practice risk management.

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