NXS is a PoW/nPoS coin that uses the SHA3 hashing algorithm. It launched on September 23rd, 2014, so it has some history behind it.
According to CryptoCompare, “Nexus is an innovative crypto currency – the coin runs off its own algorithm and has a well though through infrastructure that takes it beyond bitcoin and other 1 st generation crypto currencies – it has a checks and balances system for sending coins – where transactions can be retrieved if sent to a wrong address. The proof of stake rate is 2% up to a coin cap of 78 million.“
For a month, Nexus (NXS) tokens went down around -6.30% for coin. However for 100 days NXS is up 76.99% from $1.44. So you see this coin had a nice gain.
Last 24h was bad for Nexus (NXS), as it declined more than -9%, compare to Btc, touching $2.15.
In summary we can get some profit trading now, our forecast is listed below: