Nexus NXS Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Nexus is a relatively large cryptocurrency. With a market capitalization of nearly US$ 12.5 million at the beginning of October 2020, it had captured less than 0.01 percent of the digital currency market.¹^|2 The ticker symbol is NXS.

The user known as Videlicet launched Nexus on 5 May 2019 via bitcointalk.org. The tracking of real-time trading data by coinmarketcap.com subsequently began in February 2015.

http://nexus.io

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, the average trading volume of Nexus during the first trimester of 2019 was nearly US$ 599 k per day. Over the same time frame in 2018, this figure came to over US$ 8.4 m. The trading volume retraced by 92.9 percent accordingly.

For the first trimester of 2019, the average market capitalization equated to over US$ 20.7 m. In the same period of 2018, this figure came to over US$ 231 m. Market capitalization dropped down accordingly by 91 percent.

Trading Price

In the first trimester of 2019, the average trading price was nearly US$ 0.37. In the same time frame of 2018, this figure came to just under US$ 4.75. The corresponding price drop down equated to 92.3 percent.

The all-time high of Nexus in 2018

Nexus NXS Price analysis generated by coindashboards.com — Price analysis for the most important moments in Nexus’s trading history (NXS)

The price of the Nexus currency climbed to a high in January 2018 at nearly US$ 15.9. The equivalent market capitalization of the coin reached nearly US$ 701 million. This put Nexus in the ballpark of certain other digital currencies, such as Golem, Augur, Redd, Loopring and Dent, among others.

Nexus’ all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 294 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 890 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.

Nexus (NXS): 0.701 bn US dollars
Bitcoin (BTC): 294 bn US dollars
Apple (AAPL): 890 bn US dollars
VW (VWAGY): 108 bn US dollars
Date: 6 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Nexus stood at just above US$ 0.30 with a market capitalization of nearly US$ 17.4 million. A decline down to approximately 1.9 percent compared with the peak trading price stated above.

Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.

More Details

The Nexus-Coin is a native coin and is generated through mining. It has a maximum supply of exactly 78 million coins. If you are interested in the source code, be sure to also visit the GitHub page.

Nexus transactions currently in progress can be tracked using this block explorer, which also displays block height and other real-time statistics.

To find out more about Nexus, download the white paper or find more links to community forums, source code and social media channels, visit http://nexus.io.

Markets

Nexus NXS Market analysis generated by coindashboards.com — Markets on which Nexus (NXS) can be traded

BTC

A large market for buying or selling Nexus in BTC is Binance. Additional trading platforms for buying or selling Nexus in BTC are VCC Exchange, Bittrex and Upbit, among others.

Social Links

You can get in touch with the Nexus team directly by visiting the following social media channels:

^{1. Or 0.0084 percent, if omitting Bitcoin.}

^{2. Read about our sources}