Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
by
Cy2
on 05/12/2018, 16:00:19 UTC
The volume will increase but it’s just a cycle. The NEXO Oracle will be selling into the buyers who will be paying off and the cycle repeats. It will help with liquidity but will not be a benefit for us holders. We benefit when more people join us in holding NEXO on the platform and not trading. Otherwise there are a billion NEXO that will be floating around in 4 years.
Volume is one of the most important factors which have dramatic impacts on price movements (both upwards and downwards).
Increased volume implies so many things which happened behind the scene.

Current volume (5M+) hasn't been seen since June. I'll take it as a good sign.