Decrypt • Dec 08, 22
Nexo Token Up 5% on Ethereum 'Smart Staking' Launch
The price surge comes on the heels of news that Nexo's Earn Interest Product has been suspended in eight U.S. states.
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Nexo
NEXO
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Nexo is on the decline this week.
The price of Nexo has decreased by 2.34% in the last hour and decreased by 0.19% in the past 24 hours. Nexo’s price has also fallen by 2.68% in the past week. The current price is R$6.16 per NEXO with a 24-hour trading volume of R$28.59M. Currently, Nexo is valued at 70.24% below its all time high of R$20.71. This all-time high was the highest price paid for Nexo since its launch.
The current circulating supply of Nexo is 560,000,011 NEXO which means that Nexo has as total market cap of 560,000,011.
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