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BitcoinMacro
Mar 21, 2021 10:14 PM

Nexo coming out of massive accumulation period Long

Nexo / BitcoinHITBTC

Description

Nexo could do what Celsius did. For now Nexo isn't listed on many exchanges but it could easily get some more at some point. Not comparing the quality of the platforms, but the potential of the token give how the chart looks like. Currently very strong and ready for a pump.

Comment

Good trade. Has more potential for growth, but taking some profits here wouldn't a a bad idea. If it goes back to 5k sats it is good to buy even short term
Comments
crisdani100
Nexo is much better and bigger than CEL
10$ coming with IPO and bank license coming soon
TheKnown
@crisdani100, NEXO shifted it's model from dividends to interest which will hurt token holding and overall utility and performance of the token long-term once interest rates are changed. It's now just a CEL copycat until it can release a card/bank acquisition, or many of the other long-term roadmap promises that have never been fulfilled. NEXO could be great, but they lack the care for their customers which has already seen many fleeing to other platforms such as crypto.com, CEL, Block-FI since they now offer nothing special and have skepticism around them
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