Convert Wrapped NXM WNXM to British Pound GBP
WNXM to GBP: 1 Wrapped NXM converts to £59.82 GBP as of July 27 at 1:16 PM
About Wrapped NXM
Wrapped NXM is climbing this week. The current price of Wrapped NXM is £59.82 per WNXM. With a circulating supply of 649,901.83 WNXM, it means that Wrapped NXM has a total market cap of £39,086,114.52. The amount of Wrapped NXM traded has risen by £4,195.04 in the last 24 hours, which is a 1.38% increase. Additionally, in the last day, £302,917.55 worth of WNXM has been traded.
The exchange rate of Wrapped NXM is increasing. The current value of 1 WNXM is £59.82 GBP. In other words, to buy 5 Wrapped NXM, it would cost you £299.09 GBP. Inversely, £1.00 GBP would allow you to trade for 0.0167 WNXM while £50.00 GBP would convert to 0.84 WNXM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 34.77%. Meanwhile, in the last 24 hours, the rate has changed by 7.08%, which means that the highest exchange rate of 1 WNXM to GBP was £60.58 GBP and the lowest 24 hour value was 1 WNXM for £56.01 GBP. Last month, 1 WNXM was worth £41.37 GBP. Today, it's up 41.97%. Looking back a year, Wrapped NXM has changed by £56.47 GBP. That means that in a single year, the value of Wrapped NXM has grown by 10.88%.
Wrapped NXM Market Stats
NXM token itself is created solely for internal use within the Nexus Mutual protocol and all of its holders must go through KYC. As such, a wrapped version is created to allow more users to own the token without having to do KYC. In the meantime it also improves its liquidity outside the protocol’s bonding curve by being listed on exchanges such as Uniswap and Binance. To make use of the wNXM token, it first needs to be unwrapped into NXM by a registered member of Nexus Mutual. After it is unwrapped, wNXM becomes NXM and can be used as a normal token on the Nexus Mutual platform.