Ugh! What an incredibly sour session it is for bitcoin and the entire cryptocurrency sphere. Of course, FUD was doing its "great" work, and the Johnny-come-latelys again panicked out of their positions.
Image from iCoinBlog.com
We've seen volatility of this magnitude before, but the volatility coverage is "impressive." Over the past 24 hours, only one crypto survived the carnage, and actually made significant gains.
That crypto is an altcoin called Nexus.
Nexus?...what the heck is Nexus?
I'm not sure but I want to give you the lowdown on this altcoin:
Nexus YTD Stats
High of this year: $15.86
Low of this year: $1.58
Average price: $4.97
Number of Up Days: 31
Number of Down Days: 33
Average Performance (up days): 14.34%
Average Loss (down days): -10.42%
All I have to say is wow! Check out the highs and lows of the year -- almost $16 at the high, and a buck-fitty (is that how you spell it?) at the low. Given this range, Nexus might be a sleeper hit, but I have to do significant research to validate this.
Here's the exchange information in case you want to check it out (from Coinmarketcap.com):
Source Pair Volume (24h) Price Volume (%) Updated
1 Upbit NXS/BTC $41,879,900 $3.46 59.08% Recently
2 Bittrex NXS/BTC $28,509,000 $3.46 40.22% Recently
3 Cryptopia NXS/BTC $263,514 $3.56 0.37% Recently
4 RightBTC NXS/BTC $102,508 $3.58 0.14% Recently
5 Trade By Trade NXS/BTC $61,687 $3.52 0.09% Recently
6 Trade By Trade NXS/USDT $50,979 $3.78 0.07% Recently
7 Vebitcoin NXS/TRY $22,228 $3.90 0.03% Recently
8 RightBTC NXS/ETH $272 $1.04 0.00% Recently
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I'm most excited about Nexus partnering with music acts (there's hope for a guy like me!). They are currently partnered with Magic Giant who is a band currently touring the US on what appears to be a fairly large budget.
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I did not know that! Thanks for sharing something useful on Steemit, and I truly, genuinely mean that...it's tough to find value here amid all the bots and spam!
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