The current price of Nexus fluctuates around $0.173746; the total market capitalization is $11,236,465 or 1,296 BTC, which makes Nexus one of the 300 most popular digital currencies as of January 2020. The circulating supply is 64,671,957 NXS, while the maximum supply is 78,000,000 NXS. The daily trading volume is around $286,677 or 33.07218091 BTC. Nexus is trading on several major markets, yet the most active exchange that trades NXS is Binance.
The all-time high of Nexus, $15.86, was reached on January 06, 2018 – during the most famous cryptocurrency bull-run of Winter 2017-2018. On the other hand, the all-time low of NXS, $0.000716, occurred way back on August 29, 2015. Currently, the estimated ROI (return on investment) of Nexus is 3,812.37%, which means that $100 worth of NXS bought at the time of the Nexus launch would yield about $3,812 of profit today.
The most recent price trend of Nexus appears to be slightly negative. While in 24 hours, the price of NXS rose by 0.87%, the 7-day price dynamics show a -7.84% decrease in the price of NXS. Overall, the price predictions for Nexus are usually quite pessimistic. According to WalletInvestor, Nexus is a bad long-term investment. In one year from now, the price of NXS may be as low as $0.00639, which is significantly lower when compared to the current price. Moreover, it is worth mentioning that price manipulations of NXS are possible due to the comparatively low market capitalization, so one should be very careful when investing in Nexus.
What is Nexus (NXS)
Launched in September 2014, Nexus (NXS) is an open-source blockchain that aims to support decentralization, innovative applications, and responsible values. The Nexus technology incorporates a peer-to-peer network, a dedicated cryptocurrency, and a contract technology that serves as an alternative to conventional options. Initially built by a small group of innovative software architects, Nexus is now operated by a decentralized global community.
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