Nexera (NXRA) Price Prediction 2024-2040
Oct 19, 2024
0
We should warn you that this article doesn't present investment advice. It serves for educational purposes only.
Nexera is the name of one of many DeFi platforms. As the DeFi sphere continues to grow and develop. companies like Nexera accumulate value and their native tokens reflect this value.
As of 2024, Nexera isn't a top tier player in the industry but it showed some competitive ability and managed to achieve milestones important for the burgeoning cryptocurrency platform.
This article reviews the Nexera platform, outlines the Nexera price in the past years, and provides Nexera (NXRA) price prediction for 2024, 2025, 2035, and other years.
Contents
What Is Nexera (NXRA)?
Nexera (NXRA) is a native cryptocurrency of the DeFi platform of the same name. The primary goal of the platform is creating the channel to connect the real-world money with the digital blockchain-based economy. Nexera allows businesses and other traditional institutions to tokenize their assets via Nexera services and enter the digital realm of the decentralized economy.
On top of that Nexera is busy facilitating the cross-chain interactions to provide the space for seamless crypto tokens flow and lighten up the NFT operations. Thus said, Nexera is aimed at integrating the entire blockchain economy and the traditional financial sphere. It’s important to note that Nexera strives to maintain compliance with legal norms and provide all parties involved with the fully legitimate solutions.
Another crucial part of the Nexera project is creating the decentralized digital ID system that benefits Nexera and the projects associated with it. Digital IDs are the part of the Nexera security system which includes other measures such as decentralized network and third party audits.
The native token of Nexera is used for staking which brings holders rewards, serves as the tool for transaction validation, paying transaction fees, paying for Nexera-based services, and voting on Nexera DAO. More than that, token holders are granted exclusive access to some of the Nexera services.
Nexera (NXRA) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040
As of October 13, 2024, the NXRA price is nearly 3 cents per unit. According to CoinMarketCap, NXRA ranks 783rd biggest cryptocurrency with a $24.3 million market cap. The token is listed on several leading crypto exchanges and a number of decentralized exchanges as well.
The table below provides Nexera (NXRA) price prediction for 2024, 2025, 2027, 2030, 2035, and 2040. The forecast is based on a mix of tech and fundamental analysis.
| Year | Price Prediction | ROI of your investment (if you buy the coin now) |
| 2024 | $0.041 | 36.67% |
| 2025 | $0.058 | 93.33% |
| 2027 | $0.126 | 320% |
| 2030 | $0.46 | 1,433.33% |
| 2035 | $3.8 | 12,566.67% |
| 2040 | $29 | 96,566.67% |
2024
In August of 2024 crypto market declined severely following the Nexera hacking in which $1.5 million worth of crypto was stolen. However, as the development of the project continues, NXRA keeps on struggling. The current sentiment is bullish. By the end of 2024, the NXRA price will exceed 4 cents per unit.
2025
In 2025 the price will continue to recover from the August 2024 downfall. We don’t expect any new heights for NXRA. The overall crypto market isn’t likely to see a huge movement in 2025 as the BTC halving and crypto ETFs impulses will be slowly fading away. B 2026 NXRA will get close to 6 cents. Most probably it will reach $0.058.
2027
In 2026 and 2027 NXRA will get listed on more major exchanges. The DeFi sector will continue to expand. Nexera will be among the benefactors of this process. As the project keeps on attracting more partners and collaborators, the NXRA price will grow bigger, entering a more usual zone of 10+ cents per unit. NXRA will reach $0.126 by the end of 2027.
2030
The 2028 Bitcoin mining reward halving will trigger a bull run on the crypto market, like every BTC halving did before. Big rallies attract new traders and investors. All the worthy tokens (and even some of the worthless tokens) gain value. Some reach new heights. After the 2028 BTC halving, Nexera (NXRA) will gain the new historical maximum. By the end of 2030 the token price will reach around 46 cents per unit.
2035
We don’t know much about the important events that will take place in the 2030s. If we assume that the cryptocurrency industry continues to grow and develop the way it does in the 2020s, then the NXRA will reach $3.8.
2040
In 2040 NXRA may reach around $29.
Nexera (NXRA) Price Analysis for the Past Several Years
Below you can see the milestones of the NXRA price in the past years. The right column provides insights on the reasons that influenced the price change.
| Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
| Feb 23, 2023 | $0.071 | NXRA had early support from a big crypto exchange Bitfinex. In March NXRA was listed on another major crypto exchange MEXC. On the first day of trading, NXRA price reached $0.071. The price was pretty volatile in the first days of NXRA trading, fluctuating between 4 and 8 cents |
| Apr 19, 2023 | $0.1 | Following the new listings and a BTC price spike in April, the NXRA price exceeded 10 cents for the first time |
| Jun 14, 2023 | $0.05 | The first half of June was pretty stagnant for the entire crypto market. Nexera was going through the correction after reaching a peak. In June 14, NXRA was traded at 5 cents |
| Jan 2, 2024 | $0.178 | For the remainder of the summer and September the price was fluctuating around the 6 cents mark. Only in October, after the rumors of soon approval of crypto ETFs in the US, the things started to take off. On January 2, 2024, NXRA peaked at $0.178, which was the record-breaking price for the token at that time |
| Feb 24, 2024 | $0.11 | By the end of January the price dropped to around 11–12 cents. On February 24 the NXRA price was 11 cents before hitting the ATH after the approval of crypto ETFs |
| Mar 26, 2024 | $0.286 | Following the crypto ETFs approval the Bitcoin price hit a historical maximum on March 14. 12 days later, NXRA reached its peak price at $0.286 |
| May 15, 2024 | $0.11 | Soon a correction followed and the NXRA price returned to a 11 cents level, before starting moving even farther below |
| Aug 7, 2024 | $0.018 | The BTC price was sliding down in May and June. After a July rally, BTC price declined even more at the beginning of August. NXRA repeated this pattern, reaching its historical minimum on August 7 at $0.018. As of October 15, the NXRA price has been struggling to break the 5 cent resistance level. The reason for this underperformance is the fact that in August a hacker managed to steal the Nexera team members’ private keys. The event resulted in a $1.5 million losses |
| Oct 13, 2024 | $0.03 | As of October 13, 2024, NXRA is trading at 3 cents. The dev team continues to develop the project hoping to recover from the crisis. Hacking took place around the same time as listing on one of the top exchanges KuCoin, so the battle continues |
Q&A
Is Nexera (NXRA) a good investment?
We can’t give investment advice. The things are especially uncertain given the recent hack.
What will be the Nexera (NXRA) price in 10 years?
If the team manages to save the project after the hack and continue to work well, in ten years (in 2034) NXRA will hit $2.44.
Should you buy Nexera (NXRA) now?
As of October 2024, the NXRA price is very low. If you want to buy this token, you may not find the moment when the price will be lower. However, if the dev team fails to provide protection to the network, the price may drop even worse.
Conclusion
As of October 2024, Nexera is continuing its development in the harsh conditions of the post-hacking FUD. Nevertheless, the price goes through certain spikes and the community is here to keep on pushing the project forward.
Le opinioni e le valutazioni espresse nel testo sono le opinioni dell'autore dell'articolo e potrebbero non rappresentare la posizione di Cryptogeek. Non dimenticare che investire in criptovalute e fare trading in borsa è associato al rischio. Prima di prendere decisioni, assicurati di fare le tue ricerche sul mercato e sui prodotti che ti interessano.
Author and journalist. Have a bachelor's degree in History and several years of experience in different media
Qui non ci sono ancora commenti. Sarai il primo!