Learn More About Nexo And Our NEXO Price Forecast
Want to find out the Nexo Price Prediction for 2022, 2023, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2022 to 2030, which we try to update regularly.
Additionally, you can read more below for the Nexo Price Analysis, NEXO Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
| LATEST UPDATE: 03/07/2022 |
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About Nexo (Nexo History)
Crypto lending is becoming a big deal.
Clearly, DeFi has radically changed how the, typically, under 50s interact with their money.
Why put your hard-earned cash into a bank account for 0.2% interest, which gets beaten into submission each year by inflation, when you could secure that crypto at 7%+ by Flexi-staking it on a stablecoin such as USDT, USDC, or BUSD.
However, Nexo takes this to the next level by offering instant crypto loans and daily interest on assets.
So, what does Nexo do?
In short, Nexo allows you to use your crypto as capital to withdraw an instant cash loan.
Now, whether you think it’s a good idea to cash out crypto for cash or not, a platform like this clearly shows the evolution of cryptocurrencies right before our eyes.
No longer is it just a digital store of wealth; it is now an asset that can be used to buy, borrow, or invest.
Meaning, unlike the money that sits in a fiat bank account and loses purchasing power year on year, your crypto holdings can now be used to combat and perhaps even defeat inflation.
So, what has this done for the price?
Nexo Price Analysis
Initially launching in early May 2018 at $0.21, NEXO would immediately shoot up to $0.69 within days before starting the long, slow decline down to $0.04 by September 2018.
It wouldn’t be until December 2020 that Nexo finally surpassed its then-time high, reaching around $0.74, though the run was only just beginning.
From there, the price would climb and climb and climb until it reached $4.07 by May 2021.
A market-wide recession would follow, crashing Nexo’s price along with it.
Luckily for investors, November would see Nexo retake $3.47 after falling to as low as $1.20 before falling again.
Ultimately, had you got in near the all-time low and sold near the all-time high, you would be looking at nearly 9,000% ROI.
Presently, NEXO trades around $2.13, but how is it looking for the future?
Nexo Price Prediction/NEXO Forecast for 2022, 2023, 2024, 2025 AND 2030
We predict future Nexo short & long-term price predictions/forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Nexo price data from the past. We work hard to collect as much historical data for the NEXO coin as possible, including multiple parameters such as past price, Nexo market cap, volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see Nexo price analysis charts, historical data, and more, click here!
Nexo Price Prediction 2022 (NEXO Forecast)
Since starting 2022, Nexo has been flipping between the positive and negative sides of its MACD and MA Cross, currently appearing to struggle to maintain any positive momentum it generates.
Additionally, the price is currently trading right between its 20, 50, and 100 days RMA meaning we might not see any price improvements in the immediate future.
Consequently, our analysts believe Nexo could reclaim as high as $3 this year and perhaps fall to as low as $1.50, potentially achieving both within the same year.
Nexo Price Prediction 2023 (NEXO Forecast)
If history is any indicator, 2023 is predicted to be a sluggish year for the crypto markets.
Assuming this holds true, we may see Nexo slide to around $1.40, where it has found support previously.
Nexo Price Prediction 2024 (NEXO Forecast)
In 2024, we will likely see market positivity reappear as Bitcoin halves and, hopefully, reinvigorates the market.
Providing history continues to repeat, of course.
Consequently, our analysts believe Nexo could reclaim $3 during this time.
Nexo Price Prediction 2025 (NEXO Forecast)
By the time the peak occurs in 2025, it is possible we may see a $12 Nexo token.
Although initially seeming bullish, a $12 Nexo token is only equivalent to Algorand, or 28th place by market cap as of February 2022.
Consequently, this shouldn’t be an unattainable goal for this project.
Nexo Price Prediction 2026 (NEXO Forecast)
Furthermore, we believe it is likely 2026 will be the year that the bull run gives way to a bear market.
Assuming this prediction holds, we may see Nexo fall back towards the $6.50 region.
Nexo Price Prediction 2027 (NEXO Forecast)
Likewise, in 2027, if history is any indicator of the future, we may see Nexo continue to slide slightly, perhaps falling to as low as $6 before rebounding.
Nexo Price Prediction 2028 (NEXO Forecast)
We are hoping that in 2028 Bitcoin still stimulates the market.
Presuming this is the case, we can expect to see the overall wave of interest in crypto begin to increase as we move through this year.
Therefore, leaving our analysts with a price prediction of $10 during this year.
Nexo Price Prediction 2029 (NEXO Forecast)
Penultimately, in 2029, we should see the top of the future bull run.
Assuming this is the case, we may see Nexo reach as high as $20 before receding.
Again, a $20 Nexo token may seem bullish until you realize that a $20 Nexo token is only equal to that of Polygon, at least by market cap in February 2022.
Accordingly, given the time between now and then, we do not feel this to be an unrealistic expectation, presuming Nexo manages to find a way to remain relevant and among the pack as we progress this far into the future.
Nexo Price Prediction 2030 (NEXO Forecast)
Lastly, as we know by now, green days do not last forever, and eventually, positive growth always turns back into a sea of red.
Our analysts believe somewhere around $15 to be Nexo’s resting place by 2030.
Nexo Price Prediction Chart
| Year | Predicted Year Low | Predicted Year High |
|---|---|---|
| 2022 | $1.52 | $3.04 |
| 2023 | $1.41 | $2.02 |
| 2024 | $2.04 | $3.05 |
| 2025 | $6.04 | $12.09 |
| 2026 | $4.50 | $6.52 |
| 2027 | $4.03 | $6.09 |
| 2028 | $5.06 | $10.06 |
| 2029 | $15.07 | $20.12 |
| 2030 | $10.09 | $15.14 |
Nexo Overview
| Ticker Symbol | NEXO |
|---|---|
| Total Supply | 1,000,000,000 |
| Official Website | nexo.io |
| Based On | ERC20 Ethereum Blockchain |
| Year Founded | 2018 |
| Wallets | Nexo Wallet |
| Exchanges | Huobi Global, HitBTC, Hotbit, Bitrue, Livecoin. |
Conclusion
Despite an array of competitors, we do not believe that decentralized finance is going anywhere now that it has been created.
There may be one clear winner, but that doesn’t mean small markets will not still exist.
The same way Spotify dominates the online music market, but that doesn’t stop companies like Apple Music, Deezer, and others, from looking to take a slice of the pie.
Meaning, that provided the company behind the project doesn’t make any major mishaps in management, we believe Nexo will be with us for many more years to come.
We give Nexo 4 stars out of five. What is your price prediction for Nexo? Leave your rating and comments below!
FAQ
1. What do we expect the highest price forecast for Nexo to be for the year 2022?
We expect the Nexo price to reach a maximum level of $3.04 in 2022.
2. How high can the price of NEXO go?
In 2026, we estimate that the coin will easily reach around the $6.52 mark. However, in 2029, our Nexo Price Prediction for 2029 is $20.12, which we believe will be its highest peak.
3. How much will Nexo be worth in 2030?
Our Nexo price prediction for 2030 is around the $15.14 mark.
