NXM Achieves Market Cap of $823.33 Million (NXM)


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NXM (CURRENCY:NXM) traded 2.6% higher against the US dollar during the twenty-four hour period ending at 17:00 PM E.T. on May 4th. One NXM coin can now be bought for about $129.11 or 0.00236319 BTC on popular exchanges. NXM has a total market capitalization of $823.33 million and $53,068.00 worth of NXM was traded on exchanges in the last day. During the last week, NXM has traded up 28.4% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Chainlink (LINK) traded up 16.3% against the dollar and now trades at $48.37 or 0.00088529 BTC.
  • THETA (THETA) traded 9% lower against the dollar and now trades at $10.59 or 0.00019387 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00001831 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • PancakeSwap (CAKE) traded 7.9% lower against the dollar and now trades at $38.04 or 0.00069620 BTC.
  • Aave (AAVE) traded down 6% against the dollar and now trades at $473.71 or 0.00867075 BTC.
  • Maker (MKR) traded 12.5% lower against the dollar and now trades at $5,473.44 or 0.10018459 BTC.
  • FTX Token (FTT) traded 2.9% lower against the dollar and now trades at $55.44 or 0.00101473 BTC.
  • Huobi Token (HT) traded down 9.2% against the dollar and now trades at $24.33 or 0.00044537 BTC.

About NXM

NXM (CRYPTO:NXM) is a coin. It was first traded on May 23rd, 2019. NXM’s total supply is 6,924,022 coins and its circulating supply is 6,376,985 coins. NXM’s official website is nexusmutual.io. NXM’s official message board is medium.com/nexus-mutual. NXM’s official Twitter account is @NexusMutual and its Facebook page is accessible here.

According to CryptoCompare, “Nexus Mutual is a decentralized alternative to insurance. It has used blockchain technology to create a mutual (a risk-sharing pool) to return the power of insurance to the people. The platform is built on the Ethereum public chain. It allows anyone to become a member and buy cover. “

Buying and Selling NXM

It is usually not presently possible to buy alternative cryptocurrencies such as NXM directly using US dollars. Investors seeking to acquire NXM should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NXM using one of the aforementioned exchanges.

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