The State Of : NEXO
Problematic : we want to understand if NEXO token is healthy or not.
How do that : we will study few indicators, also will be picking few informations here and there from nexo social networks.
Indicators used : price, volume, social volume, top holders, network growth, DAA and transaction volume
DISCLAIMER : i do not own any NEXO, this is just the first part of a new serie of articles that will try to understand the state of a cryptocurrency. This is for me an exercice of fundamental research and data analytics with the metrics Santiment provide.
First of all a little context : NEXO Finance is a fintech start-up powered by Credissimo that provide service of crypto-bank. They provide interest on loans and pemits borrowing without selling our cryptos.
Team is experimented, the firm that gave birth to Nexo