NSBT is a token of the platform Neutrino, which has a current price of around $20.59 by writing and a low $6.55 and has a giant market cap of about 56 million dollars.
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What is Neutrino?
Neutrino is a DeFi protocol that lets you create stablecoins pegged to any real-world asset. These coins access and enjoy the advantages of blockchain technology, thereby creating an accessible, tangible value and removing price volatility. In addition, NSBT holders can affect the Neutrino protocol by influencing changes to product features and the smart contracts’ parameters.
What is NSBT?
NSBT is the token of the Neutrino platform, which is around $20.59 by the time of writing, with a low of $6.55. It reached a high of $76.56, and its current ranking is #396 according to CoinMarketCap, with a market cap of 56 million dollars. NSBT is the native token of Neutrino designed to stabilize reserves on the Neutrino smart contract and is used for protocol governance.
NSBT Coin Market Analysis
NSBT has a max supply of 2,835,689 coins worth around $20.59 with a market volume of 150,811 dollars, whereas the market capitalization is 56 million dollars at writing.
NSBT Price Prediction
On the 1D timeframe, the price action of $NSBT/USDT has formed a descending triangle chart pattern. The price has broken above the resistance trend line and successful move in an uptrend.
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Closing Thoughts
Discipline and Patience are the most important components of a successful trade. According to the above analysis, the coins we just discussed about might make you decent gains if other market conditions prevail favorably. Again, it’s your hard-earned money that you’ll be using. Do Your Own Research before investing.
Disclaimer: Our analysis is for educational purposes.
