NEXO Price
nexo
Price Statistics
NEXO live price summary
As of Aug 16, 2026, NEXO has a total market cap of $714.17M, representing a +0.04% change over the past 24 hours. The current price of NEXO is $0.714407, while the 24-hour trading volume stands at $2.96M. The circulating supply of NEXO is 1.00B, with a maximum supply of 1.00B. By market cap, NEXO ranks 81 among all cryptocurrencies. Over the past 24 hours, NEXO reached a high of $0.720372 and a low of $0.705916.
NEXO price analysis by TradeGPT
- Due to the rise in macro inflation expectations and the upward movement in crude oil prices, market risk appetite has significantly declined, and high-beta assets are generally under pressure.
- NEXO broke through the key support level of $0.
- 72 in mid-August, with increased trading volume indicating loosened positions.
- The short-term structure is weak, with $0.
- 705 as an important level to watch in the near term.
- We maintain the view that NEXO will face short-term pressure and advise investors to control their positions, patiently wait for clear bottom signals after market risks have been released, and then consider positioning.
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NEXO News
Inflation moderated as Intel and Nvidia fueled the AI trade in last week's market.
The probability of the Federal Reserve holding interest rates steady in September is 67.5%
US Dollar Weekly Forecast: Fed hawks circle, but weak data clips the Dollar’s wings
The Dollar Index breaks on the fourth consecutive soft print
What Can You Do With NEXO?
About NEXO (NEXO)
What Is Nexo (NEXO)?
Nexo is a global fintech company and blockchain platform that offers instant crypto-backed loans. NEXO, the native token of the Nexo platform, is backed by real-world assets and serves as the utility token within the Nexo ecosystem.
Nexo is the world’s first and largest provider of instant crypto-backed loans, having served over 4 million customers in more than 170 countries.
The company offers its services through a fully automated platform that uses artificial intelligence (AI), blockchain technology and machine learning (ML) to assess individuals’ creditworthiness, offering instant loans in more than 40 fiat currencies and stablecoins.
With its vision set on creating a future financial world where digital assets are the norm, Nexo is on a mission to successfully solve existing inefficiencies in the lending market.
Nexo leverages blockchain's potential to provide instant loans that are as intuitive and user-friendly as possible, so that anyone, anywhere in the world can get access to financial help when they need it.
NEXO Price
NEXO launched its ICO on March 5, 2018 at a price of $0.10. The ICO officially ended on March 31, with Nexo raising a total of $52.5 million. NEXO’s price experienced a small peak on May 9, 2018, hitting $0.69 before falling and hovering between $0.06 to $0.11. It reached an ATL of $0.045 on September 13, 2018.
After another peak of $0.69 on December 18, 2020, NEXO’s price continued to increase over the following months, finally reaching an ATH of $4.07 on May 12, 2021. Its price then dipped until spiking again on November 9, 2021 at $3.34.
NEXO is currently priced at $0.91.
What Is NEXO Used For?
NEXO is used to provide instant loans on the Nexo platform. Using NEXO tokens gives users discounts on loan interest rates, priority customer support and other benefits. For instance, the company announced a loyalty program in December 2020 that offers up to 30% APR for NEXO token holders.
NEXO is also used as a collateral asset on the platform, which lets users deposit their crypto assets as collateral and receive instant loans in fiat currencies. The loan amount is based on the value of the deposited crypto assets.
Nexo allows users to earn interest on their idle crypto assets, offering up to 12% APY on popular cryptocurrencies such as BTC, ETH, LTC and XRP.
NEXO Tokenomics
NEXO has a total supply of 1 billion tokens, with a circulating supply of 560 million. The token’s all-time high of over $4 at the peak of the 2021 bull market indicates strong fundamentals.
Who Is the Founder of Nexo?
Nexo was founded in 2017 by Antoni Trenchev, Kosta Kantchev, Kalin Metodiev and Georgi Shulev, who was terminated in 2019.
How to Store NEXO
To obtain the NEXO token, you’ll first need to set up a compatible wallet. Some popular options include MetaMask and Trust Wallet.
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Frequently Asked Questions about NEXO(NEXO)
- As of Aug 16, 2026, NEXO (NEXO) is trading at $0.714407.
- In the last 24 hours, the lowest price is $0.705916, and the highest price is $0.720372, with a trading volume of $2.96M.
- The market cap is $714.17M, ranking it #81 among all cryptocurrencies.
Disclaimer
Disclaimer: Investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of your entire capital. Bybit disclaims all liability for investment outcomes. Nothing provided herein constitutes financial advice, a recommendation, or an offer to buy, sell, or hold digital assets. Investors must independently assess their financial capacity and are encouraged to consult professional advisors. For a comprehensive overview, please review our Risk Disclosure Document and Bybit EU´s Terms of Service.
Price History (USD)
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