Nexo (NEXO) is the native token of the Nexo crypto lending and wealth-platform, used for loyalty benefits like higher interest, lower borrowing rates, and cashback perks.
The token currently trades around ~$0.80 USD, far below its all-time highs near $4+, showing long-term bearish drift.
Recent price action has been weak and volatile, with NEXO breaking below key support near ~$0.80 amid broader market downturns.
Technical indicators suggest oversold conditions, but selling pressure still dominates until clear reversal signals emerge.
Regulatory and business developments — like sponsorship deals and product rollouts — add mixed sentiment, yet token performance remains tied to broader crypto sentiment.
NEXO
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