Swap Nexo to Avalanche (AVAX)

At the end of June, the NEXO to AVAX price chart stayed stable at around 0.034. Both of the assets were going through the bears' attacks and were down compared to their usual price. On July 7-8 though AVAX attempted to break the resistance level and its price went up causing the NEXO to AVAX conversion rate to drop a little bit to 0.033. But then as the AVAX price dropped the NEXO/AVAX trading pair returned to the same level just for a day. 

In the middle of July, the crypto market started to recover from the downtrends, and both tokens were gaining value with AVAX outperforming the NEXO token, it caused the NEXO to AVAX conversion rate to go down to 0.029 and stabilize around the same level till the beginning of August. On August 3 the Avalanche token started to surge again and even though NEXO was going up as well, it couldn’t keep up with AVAX so the trading pair price went down to 0.027 on August 27. 

From that time the situation changed significantly as the price of AVAX started to decline at a fast pace. Unlike it, the NEXO token was much more stable, and while many projects were establishing downtrends, it managed to stay quite stable. For almost a month till September 4, the price of NEXO in AVAX was growing. On September 3 it hit 0.057, and at that time NEXO coin was dropping its value, so the NEXO to AVAX conversion rate went declining too. By September 12 to buy NEXO users paid 0.045 AVAX. From that time the Avalanche was in a downtrend, while the NEXO price chart behaved stable. The NEXO to AVAX conversion rate at the time of writing on September 23 was at the level of 0.52.