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NEXO Historical Price and Return Analysis: Should I Buy NEXO Now?

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Abstract

This article comprehensively reviews NEXO’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to evaluate potential returns for investors purchasing 10 NEXO tokens. It addresses the key question, “Should I buy NEXO now?” to help both novice and long-term investors understand timing and growth potential.

Bull Market Start and Early Market Cycles: Historical Price Review (2022 to 2023)

NEXO was created by Nexo, with the earliest recorded trading price on CoinMarketCap being approximately $2.57 in 2022.

Here’s the price change of NEXO during the initial bull market phase:

2022

  • Opening price: $2.57
  • Closing price: $0.6702
  • Highest price: $2.57
  • Lowest price: $0.5864
  • Annual return: -73.9%

2023

  • Opening price: $0.7165
  • Closing price: $0.8471
  • Highest price: $0.8984
  • Lowest price: $0.5218
  • Annual return: 18.23%

An investor who purchased 10 NEXO tokens during the early bull market phase in 2022 would have a potential return of -$15.932 if sold today.

Bear Market Adjustment and Mid-Term Market Cycle: Return and Risk Analysis (2024 to 2025)

During this period, NEXO’s price experienced significant fluctuations, influenced by various market factors.

Here are the potential returns for investors who purchased 10 NEXO tokens during the bear market or consolidation phase:

  • 2024: $0.849
  • 2025: -$2.643

Recent Market Cycle: Should I Buy NEXO Now? (2025 to present)

In recent years, NEXO has shown a downward trend, leading to market discussions about whether we’ve entered a new bull market or are still in a bear phase.

2025

  • Opening price: $1.24
  • Closing price: $0.9751
  • Highest price: $1.41
  • Lowest price: $0.9369
  • Annual return: -21.32%

The potential return for investors purchasing 10 NEXO tokens during this period is as follows:

  • 2025: -$2.643

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing NEXO’s historical prices and potential returns, we can observe a long-term fluctuating trend, helping investors assess whether the current phase is still suitable for positioning and answering the key question, “Should I buy NEXO now?”

NEXO-1.27%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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