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Tehran
1 Level
430 Review
6 Karma

Review on Nexo by Mehdi hazni

Revainrating 4 out of 5

NEXO

Well, as we know, the basis of this project is based on lending. The thing that struck me about Nexo is that its manufacturer has been operating since 2007. This means even before the advent of bitcoin!
In an overview of this project, I found that this currency has an advantage over other lending services. Because most of these service providers expect a monthly repayment, NEXO allows the borrower to decide for themselves how the loan will be repaid.
In the continuation of the review, I want to review the price and chart of Nexo.
NEXO is a digital currency or form of digital asset with a market value of about $ 111.1 million, ranking 74th and accounting for 0.03% of the total market. Each unit of Nexus is currently priced at $ 0.19 equivalent the pair it has with Bitcoin is 2112 Satoshi. According to the review I did in the chart of this currency, this currency has passed a significant resistance and now we are in a price correction. I expect the price correction to continue at around 1700 Satoshi and then go up again and go to higher prices. You can see the picture of the chart below.
img 1 attached to Nexo review by Mehdi hazni

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Pros
  • The producer has a very long history. Even more than bitcoin
  • It's currency appropriate to invest in the medium term
Cons
  • I did not see any particular negative point about this currency and its price trend.

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