Analysts fear that the NEXO price may come under pressure if US regulatory action begins to intensify. Doubts about the potential bankruptcy of crypto lender Nexo are growing in the market. In this environment, the local altcoin risks losing half of its value by the end of 2022. Altcoin on the brink of bankruptcy? For those who don’t know: Eight U.S. states have filed against Nexo on Sept. 26 about the risks of the company’s financial products.
For the rest of the article Attention: This Altcoin May Collapse 50 Percent With Regulatory Pressure!