In recent weeks, FinNexus has seen a 100% price increase thanks to the latest trend.
FinNexus, the cross-chain DeFi options platform for tapping other markets, is currently trending due to a doubling in price last week.
The project increased from $0,00106038 to its current price of $0,00929596.
FinNexus currently has a market capitalization of around $ 35 million.
The project aims to simplify options trading for DeFi users who want to gain exposure to other asset classes from a single pool of collateral.
Where to buy FinNexus and benefit from price changes
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Why might a purchase of FNX be interesting sin?
The reason for the dramatic price increase in FinNexus is unknown.
The project was recently hacked and has since rebranded as Phoenix Finance.
Therefore, the reasons for the price increase are unclear, since it seems that the developers have moved on to the next project. However, there still seems to be good profit opportunities for the project, because the price remains volatile, as has been shown in the last week and this despite the announcement that the project has been effectively abandoned.
