NEXO Price
nexo
Price Statistics
Live NEXO Price Summary
As of May 5, 2026, the global cryptocurrency market cap is $899.94M with a -0.45% change in the last 24 hours. NEXO's current price is $0.900354, with a 24-hour trading volume of $9.89M. NEXO is -0.38% in the last 24 hours, with a circulating supply of 1.00B NEXO coins and a maximum supply of 1.00B NEXO coins. NEXO ranks 75 by market cap. It has a 24H high of $0.924164 recorded on May 5, 2026, and its 24H low so far is $0.893737, recorded on May 5, 2026.
NEXO price analysis by TradeGPT
- NEXO's recent price fluctuations have been influenced by the resonance between macro energy policy uncertainties and systemic risks in DeFi.
- In the short term, the price has fallen from a high of $0.
- 92 to $0.
- 886, with market sentiment becoming more cautious.
- As risk appetite recovers, led by consecutive net inflows into Bitcoin ETFs, NEXO found support and rebounded in the $0.
- 90-$0.
- 92 range, with increasing trading volume confirming the bullish momentum.
- In the medium term, it is recommended to monitor the key resistance breakout at $0.
- 92; if volume sustains above this level, the target is $0.
- 98, and further positions can be added.
- If the price drops below $0.
- 886, be alert to downside risks and control position sizing.
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NEXO News
Former New York Fed President Dudley: The Federal Reserve is under relentless attack, supports Powell's reappointment as Chair.
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‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock
Barclays Analysts Update FED Interest Rate Forecast and Announce Expectations for 2026!
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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 May 5, 2026, NEXO (NEXO) is trading at $0.900354.
- In the last 24 hours, the lowest price is $0.893737, and the highest price is $0.924164, with a trading volume of $9.89M.
- The market cap is $899.94M, ranking it #75 among all cryptocurrencies.
Disclaimer
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Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.
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Price History (USD)
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