CRYPTO NEWS AGREGATOR

Wrapped NXM Price Prediction

10 hours ago by Anna Key

Wrapped NXM Logo

  • The Highest WNXM Price Prediction in 2021 is $111.98.
  • The lowest expected WNXM price is $61.674.
  • Analysts' WNXM price prediction ranges from $72.557 to $88.21.

Wrapped NXM stands for Wrapped Nexus Mutual tokens that work on the Nexus Mutual network. Nexus Mutual is a blockchain-based mutual solution powered by Ethereum.

Nexus Mutual represents a secure transparent peer-to-peer insurance service offering a bunch of benefits for its members.

Wrapped NXM Latest News

Wrapped NXM Technical Analysis

Currently, Wrapped NXM is ranked #428 on Coinmarketcap with a market cap of $121,677,062.
On Coingecko Wrapped NXM is ranked #381. 

Wrapped NXM can be traded on the following platforms: Binance, Huobi Global, Uniswap, Gate.io, etc. 

  • Cryptocurrency Name: Wrapped NXM
  • Ticker Symbol: WNXM
  • Wrapped NXM Price: $72.87
  • Market cap: $121,677,062.
  • All-time high: $130.82
  • All-time low: $8.14

What is Wrapped NXM?

Nexus Mutual is a platform offering DeFi insurance services. Anyone can become a member of Nexus Mutual and buy Nexus Mutual’s native token - NXM. Wrapped NXM tokens can be easily transferable and traded on open markets. However, only Nexus Mutual members can wrap and unwrap NXM.

Nexus Mutual was launched in 2019 in the United Kingdom. Nexus Mutual is governed by its members. Each member can purchase Nexus Mutual’s very first product called Smart Contract Cover. Smart Contract Cover protects its holders from various vulnerabilities when creating or using DeFi services. 

Users also gain benefits and rewards for owning NXM tokens.

The platform is structured as DAO (decentralized autonomous organization).

Wrapped NXM Price Prediction: Analysts' Price Forecasts 

Walletinvestor Wrapped NXM Price Prediction

According to the website, the Wrapped NXM price has a strong bullish trend at the moment. As for December 2021, the price is going to continue to increase with no surges. The WNXM price may hit as much as $116.512 in one year (+60.19%). In 5 years the WNXM price could go up to $250.208. The website’s forecasting does not predict any potential downfalls for the coin. 

Digitalcoin Wrapped NXM Price Prediction

Digitalcoin indicates that despite potentially increasing in the future, the growth will be slow for Wrapped NXM. By 2022 the website expects $127.72 on average. In 2026 (in 5 years from now) the price could go up to $259.54 - just a little bit over what Walletinvestor predicts. The WNXM price prediction for 2028 indicates $330.23 as the most probable price. Digitalcoin’s algorithm recommends buying WNXM. 

Gov.Capital Wrapped NXM Price Prediction

Next up is Gov.Capital. Gov.Capital’s price prediction algorithm takes the main variables like volume, price, market cycles and compares them to other similar coins. According to the website, the WNXM price is going to keep on growing. Let’s say you invest $100 in Wrapped NXM today. You could get $266.7861 back in exactly one year (+226.584%). Gov.Capital recommends adding Wrapped NXM to your portfolio, due to the positive growth potential, based on the most recent WNXM price prediction, and the coin’s bullish trend. 

Trading Beasts Wrapped NXM Price Prediction

The Trading Beasts algorithm predicts a future decrease in price for WNXM. The average price for 2022 is expected to be around $62.653. However, at the end of 2023, the price could go up again and reach $158.559 in December 2024. As for the rest of 2021, the website indicates a decrease of 0.86%. 

Priceprediction.net Wrapped NXM Price Prediction

Priceprediction.net predicts the highest prices for WNXM. According to the website’s WNXM price prediction, the price is expected to surge by 2030. At first, the growth will be slow and the WNXM price may reach $129.53 in 2022, $201.42 in 2023, $301.31 in 2024, $433.60 in 2025. The Wrapped NXM coin price may go up to $636.16 in 2026, reaching new all-time high peaks every year. By 2030 the price could reach $3,093.39. Priceprediction.net recommends investing in WNXM, due to its outstanding growth potential.

Conclusion

We can expect a potential increase in WNXM price in the future. Most experts recommend investing in Wrapped NXM according to the overall positive forecastings. The WNXM price may surge in the next few years, and there are no sharp drops expected. 

Read more about Conflux price prediction from reliable sources

FAQ

What is Wrapped NXM?

Nexus Mutual is a platform offering DeFi insurance services. Anyone can become a member of Nexus Mutual and buy Nexus Mutual’s native token - NXM. Wrapped NXM tokens can be easily transferable. However, only Nexus Mutual members can wrap and unwrap NXM.

What is the difference between NXM and WNXM?

NXM tokens cannot be traded on the open market. They cannot be found on regular exchange platforms. However, wrapped NXM tokens, owned exclusively by Nexus Mutual members, can be traded freely. 

How do I buy Nexus Cryptocurrency?

  1. Find an exchange platform that supports NXM.
  2. Create an account.
  3. Deposit funds to your account via making a payment.
  4. Buy NMX tokens.

Can you buy Nexus on Binance?

Yes, you can purchase NXM tokens on Binance.

How do I sell NXM?

If you wish to sell NXM tokens, you need to sign in to the exchange platform where you store your NXM tokens. Choose the amount you wish to sell and place an order. Complete the transaction by confirming the price and fees.

WalletInvestor Wrapped NXM Price Prediction for 2021—2025

The WalletInvestor shows us that the Wrapped NXM price can reach up to $82.298 price in 2021. By the end of 2025, the strongest rise in price is expected up to 229%. As a result of the past updates released by the project, the WNXM price can approach $188.469 by the end of December 2025.

TradingBeasts Wrapped NXM Price Prediction 2021, 2022

Just as TradingBeasts assumed we can see an upward price movement. In 2021, WNXM coin price can hit $42.724. By the end of 2022, the Wrapped NXM price can show us the same upward patterns that we saw in 2021, the price can approach $52.675.

DigitalCoin Wrapped NXM Price prediction 2025

The Wrapped NXM cryptocurrency price will increasingly move up by the end of 2026 as claimed by DigitalCoin analysis. By the end of 2022, WNXM price will continue approaching $100.8312. Wrapped NXM will become an even more widely used cryptocurrency, with ever-growing popularity among users. Wrapped NXM price for 2025 is $281.2319.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project’s roadmap. Remember to always do your own research.

FAQ

Is Wrapped NXM a good investment?

According to the experts' forecasts, Wrapped NXM will be a good investment.

Does Wrapped NXM Have Potential?

The WNXM is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Wrapped NXM forecast is positive, It has potential.

How much will Wrapped NXM be worth in 2021?

In 2021 the price of WNXM is expected to reach $67.34614, based on the forecasting from various sources.

How much will Wrapped NXM be worth in 2022?

In 2022 the price of WNXM is expected to reach $100.8312, based on the forecasting from various sources.

How much will Wrapped NXM be worth in 2025?

In 2025 the price of WNXM is expected to reach $281.2319, based on the forecasting from various sources.


The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research. This text is not a guide to action. The author's opinion may not coincide with the opinion of CoinJoy