NexQloud Lists Its NXQ Token on BitMart, Targeting the $1 Trillion Cloud Computing Sector

NexQloud, a decentralized cloud computing startup, has now officially listed its NXQ token on BitMart. The listing, which happened on February 21, 2025, at 8:00 AM UTC, means NXQ can be traded against USDT.

Decentralized cloud computing startup NexQloud has now listed its NXQ token on BitMart.

The listing, which happened on February 21, 2025, at 8:00 AM UTC, means NXQ can be traded against USDT.

This step ramps up NXQ’s liquidity and accessibility, making it easy for investors to get involved in NexQloud’s decentralized cloud network.

Moreover, NexQloud's BitMart listing strengthens its presence in the $1 trillion cloud computing sector, which is typically dominated by centralized corporations.

As the industry is poised to expand to $1.2 trillion by 2030, NexQloud's decentralized cloud network, powered by its Layer 1 blockchain, aims to create more powerful and cost-effective cloud services.

Mauro Terrinoni, the CEO of NexQloud, highlighted that the BitMart listing is not just a move for the company but also a gateway for global investors to participate in the decentralized cloud revolution.

In Terrinoni’s words, NXQ is more than just a token; it acts as a bridge connecting the crypto world with the real economy.

NXQ follows a deflationary economic model, similar to Bitcoin, with a circulating supply of just over 1 million tokens. The token has a fixed daily emission of 3,600 NXQ, with a halving cycle every four years.

This model helps keep supply limited and ensures long-term value by decreasing the rewards per server as more NanoServers join the network.

Importantly, NXQ is one of the few genuine Layer-1 blockchain tokens, offering a decentralized computing network that provides up to eight times the processing power for the same cost compared to traditional cloud providers.

This status makes NXQ a valuable asset for decentralized applications, giving it a competitive edge in the DeFi and Web3 sectors.

Despite its listing on BitMart, NXQ has recorded a decline of 6.07% in price, trading at $132.56 at the time of writing.

Also, the market capitalization is currently at $2.77 billion, while the trading volume has gone down by 1.38%, totaling approximately $842.98 million over the last day.

The circulating supply is reportedly 21 million NXQ tokens (mirroring BTC), with no information yet on the maximum supply. Even with recent market fluctuations, the token’s overall stability suggests ongoing investor interest.

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