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Nexo Token Prediction (NEXO) 2023 – 2025 – 2030

In this guide, we will express our and the market’s opinion on the future of NEXO as we discuss Nexo’s pricing forecasts for 2023 and beyond.

Keep in mind that you should take this and any other forecast with a grain of salt as predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like Nexo.

Now, let’s get into it. Before we delve into Nexo’s price prediction and answer questions about whether NEXO is a good investment or not, why NEXO will succeed or fail, or why the price of Nexo will rise or fall, let’s quickly take a look at what NEXO is and its history to date.

What Is Nexo?

Nexo is a unique lending platform that allows you to earn interest on your cryptocurrency investments. Interest rates vary by distribution method and currency, but you can expect to earn between 6% and 12% APR. Nexo is based in Switzerland, which makes it less vulnerable to increasing US regulation of crypto lending platforms.

Nexo also allows you to borrow based on the amount of cryptocurrency in your account without selling your coins and buying them back. Interest rates for loans start at 5.90% APR. Although it is currently not possible to buy or sell cryptocurrencies through the Nexo platform, the crypto savings account provider offers a high-yield method for investors to earn money on idle and fiat coins.

What does the NESKO token do?

NEXO was created during the ICO and distributed to the team and early adopters. The company shares up to 30% of its profits with NEXO owners.

The NEXO token is the basis of the loan and deposit ecosystem; Holding the token entitles buyers to a 30% share of the company’s profits, as a dividend. Nexo claims to have paid over $9 million to token holders since 2018.

The token also has some benefits for cryptocurrency interest account customers. If you own NEXO, users can:

  1. It earns an additional APY of 2% on their deposits, bringing stablecoins up to 12% and other cryptocurrencies to 8%.
  2. Borrow 5.9% for Nexo’s instant crypto credit lines.

Other cryptocurrency interest account platforms have similar tokens: Celsius has CEL, Crypto.com has CRO. They seem to be a means to anchor and incentivize early adopters to use the platform and hold the token.

NEXO Price Prediction for the next 90 days

The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.

When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.

Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.

Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.

Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.

Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.

The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.

Nexo Price Prediction 2023

Our forecast model calls for a temporary shift to a bear market in early 2023 before moving to another lead in Q3 and Q4 of 2023.

NEXO Forecast 2025 – 2030 – 2040

Our forecasting model sees NEXO reaching new highs in 2025:

$1.04

The price of NEXO in 2030 and 2040 is expected to be a couple of orders of magnitude higher than our 2025 forecast.

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