Sign Up Login
Coins Trends Exchanges ICOs Countries Compares Tips How does it work?

Nxt (NXT)

Market Cap

$15,430,331 USD

Volume (24h)

$1,057,347 USD

4.9
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Nxt Markets Rank: 6/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Nxt Volume Ratio Rank: 7/100

  • Market Cap

    The total cost of all coins available.

    Nxt Market Cap Rank: 94/100

  • 24h Change

    Is the price moving up or down?

    Nxt 24h Change Rank: 58/100

  • Social Following

    How many users are following this coin?

    Nxt Social Following Rank: 98/100

  • Google Trends

    How many users are searching for the coin?

    Nxt Google Trends Rank: 46/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Nxt Twitter Citation Rank: 52/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Nxt User Voting Rank: 98/100

Nxt Investment Analysis

An NXT investment allows you to do a lot of really interesting things, but the basic use of this cryptocurrency is to utilize it as a building block for other platforms. While there are a ton of so-called "build your own blockchain" projects out there none of them offer quite so many robust features as this one.

This token is one of the few that is not based on Ethereum. Instead, it runs on its own code. It's also 100% proof of stake which is quite rare as even most POS coins are also partially proof of work as well. What's more is they are building a world where crypto can represent real-world goods and be traded anytime. Bridging cryptocurrency with exports could be this start up's trump card.

current price
$0.015446
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+157.3%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.039746
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

22/2062
by Safety
1096/2062
by Profit
historical data

How to buy NXT?

You can buy NXT on most top-level exchanges so you shouldn't have any trouble acquiring it. This also is a plus for the coin interestingly enough as many of its newer competitors are not on exchanges with big volume which can hinder their exposure to new investors.

The largest trading pair is Bitcoin-based pairings, but if you are an investor from Indonesia you may be interested to know that there is an impressive amount of volume for an INR pair which is unusual for most coins. The best place to store your new asset is using the official wallet which is available for Windows, Linux, Mac or Android.

Most popular coin comparisons
SALT
NEXO
CEL
ETH
ELA
MIOTA
ITC
IOTX
BTC
XRP
ETN
SKY
ELA
Most recent coin comparisons
BTC
DENT
ELA
CRPT
DCR
GVT
HPB
SPHTX
IOTX
GIC
GNT
ENG
CRPT
GRFT
POLY
ELA
MAN
RVN

Is it safe to invest in NXT now?

If you're hoping to invest in NXT then it could be a very good move. While there are many building block style platforms cropping up every day many of them are becoming very bland as they all seem to do roughly the same thing.

What's worse is that they are all already competing with Ethereum, the big dog of DAaps. However, this crypto has some interesting features that set it apart from the competition, and even from Ethereum itself.

For starters, this token has its own integrated exchange. This means any projects who want to use this platform to build their new token have instant access to a decentralized exchange, which they will be able to trade their token on with other users.

These tokens aren't just for cryptocurrencies either. Users can trade assets of any kind, even physical ones. This could earmark NXT as the first large-scale platform for a multitude of exported goods from various countries which could be big news for crypto in general, but even bigger news for investors of this coin.

As far as asset creation goes, there are many options available. Creators can have their asset set as a mined coin or as a proof of stake coin to offer minting to their investors. These assets can be backed by the project's native token giving a more stabilized value to potential investors who are jumping into a new investment on the platform.

With many people losing trust in ICOs this type of setup could prove very beneficial to both project fundraisers looking to establish trust and investors who are looking to find worthwhile projects to support safely. A safe investing environment could bring in new money from casual investors looking for a nice return but in need of a safe environment.

In addition to the awesome technology, this coin also has an impressive team. This project's parent company, Jelurida, is also home to the Ardor platform, which has attracted a good deal of attention in the cryptocurrency space as well. In addition to the usual programming talents their team is also co-founded by a legal expert.

While that doesn't sound too exciting the fact is that many crypto projects have been stopped in their tracks due to issues where they lacked the ability to navigate financial regulation laws. So, to me having someone on the team that understands that area is a big plus since it can keep a project from getting derailed by red tape, and helps them avoid serious legal pitfalls that can spell disaster for any company or startup. It looks like this project is ticking all the right boxes for a great investment.

Leave your comment

Comments (1)

In order to leave a comment
please enter the website
Sign Up Login
Ahyke 5/1/2018

Well this sounds great on text, there are no blockchain based projects that don't have an RnB love song of an idea to it. But wait until they have somewhat of a brick and mortar infrastructure online,executing that idea, until then, I am sorry to say that, it is as good as a fools dream. However, with regards to its price surges, I think with its previous chart, one can give it a shot, but with a keen watchfulness.