NEXO (Nexo Token) is a cryptocurrency token associated with Nexo, a decentralized finance (DeFi) platform providing lending, borrowing, and interest-earning services.$NEXO
Key Features:
1. Lending and Borrowing: Nexo offers instant cryptocurrency-backed loans.
2. Interest-Earning: Users can earn interest on deposited cryptocurrencies.
3. Governance: NEXO holders participate in platform decisions.
4. Dividends: NEXO holders receive 30% of Nexo's profits.
Token Details:
1. Symbol: NEXO
2. Total Supply: 1 billion NEXO (capped)
3. Circulating Supply: approximately 500 million NEXO
4. Blockchain: Ethereum (ERC-20), Binance Smart Chain (BSC)
Current Status:
1. Price: around $2.50
2. 24-hour Trading Volume: $50 million
3. Market Capitalization: around $1.25 billion
4. Ranking: #70 on CoinMarketCap
Exchanges:
1. B