NEXOs’ value increased by 4% in the last 24 hours.
XDC’s value saw an increase of 3% in the last 24 hours.
Both of these tokens have seen a high level of growth throughout the past month and will likely carry on with their growth.
Nexo (NEXO) is essentially this blockchain-based lending platform that offers users instant cryptocurrency-backed loans.
All users have to do to use it is to deposit a token that is accepted, such as Bitcoin (BTC), Ethereum (ETH), or even Litecoin (LTC) as collateral, and receive the loan in any form of FIAT currency or a stablecoin. NEXO is the native cryptocurrency token that powers this.
The XDC Network, on the other hand, is a scalable blockchain technology solution that essentially supports a variety of use-cases, the primary ones being trade finance asset distribution, tokenization, international payments, NFT creations, and decentralized storage.
The blockchain network here is known as the XinFin Hybrid Blockchain network and features independent community contributors. This network is optimized for international trade and finance.
Should you buy NEXO (NEXO)?
On March 24, 2022, NEXO (NEXO) had a value of $2.29.
When we go over the all-time high point of value for the token, we can see that NEXO (NEXO) had its ATH on May 12, 2021, when the token reached a value of $4.07.
With that out of the way, we will now be moving on to the performance of the token in February. Here, NEXO (NEXO) had its highest point of value on February 10, when the token reached a value of $2.31.
Its lowest point of value, however, was on February 24, when the token decreased to a value of $1.62. Here we can see an indication that the token decreased in value by $0.69 or by 30%. However, from the span of February 24 to March 24, NEXO increased in value by $0.67 or by 41%.
With this in mind, we can expect NEXO to reach $3 by the end of March 2022.
Should you buy XDC Network (XDC)?
On March 24, 2022, XDC Network (XDC) had a value of $0.054592.
If we look at its all-time high value, the XDC Network (XDC) token’s ATH point was on August 21, 2021, when the token reached a value of $0.192754.
When we take a look at the performance of the token in February, XDC Network (XDC) had its highest point of value on February 8, when the token reached a value of $0.06822.
Its lowest point, however, was on February 24, when the token reached a value of $0.0435. This indicates that the token decreased in value by $0.02472 or by 36%.
But when we look at the growth of the token, from February 24 to March 24, it increased by $0.011092 or by 25%.
This gives us an indication that XDC can increase to $0.07 by the end of March 2022, making it a solid token to buy.