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NEXO Token Jumps 7% as Nexo Makes Strategic US Market Comeback
NEXO Token Jumps 7% as Nexo Makes Strategic US Market Comeback
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NEXO News -
Nexo’s native token NEXO surged 7.85% over the past 24 hours, extending its weekly gains to 17%. This rally coincides with the crypto lender’s strategic reentry into the US market, potentially marking a turning point for the platform.
Currently trading at $1.21, NEXO remains well below its all-time high (ATH) of $4.63 from May 2021. The token shows 19% 24-hour volatility with a $1.33 billion market cap.
Analysts credit the price action to renewed institutional interest following Nexo’s regulatory advancements. The platform’s US return signals growing compliance maturity in crypto lending.
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