Shares of Net Savings Link (OTCMKTS:NSAV) ended lower on Thursday, extending its monthly fall to 13%.
On Thursday, NSAV stock lost 10.28% at $0.0349 with more than 50.16 million shares, compared to its average volume of 64.96 million shares. The stock has moved within a range of $0.0332 – 0.0399 after opening the trade at $0.0352.
Cryptocurrency, blockchain and digital asset technology company – Net Savings Link (OTCMKTS:NSAV), announced a partnership with crowdfunding platform, Realtize, on November 18, 2021. This collaboration is for the upcoming launch of its NSAVDEX Decentralized Cryptocurrency Exchange Native Token (NSBC). The NSAVDEX Native Token will use the OKEx Chain Protocol – OKEx ranks third when it comes to 24 hour trading volume for Centralized Cryptocurrency Exchanges.
The management team of NSAV is confident this is the right time to launch the DEX Native Token. Uniswap, which is the world’s biggest Decentralized Cryptocurrency Exchange, had its Native Token (UNI) hit $140 in market capitalization only 7 hours after its launch. Currently, the market capitalization of UNI is over $15 billion.
Jerry Lee, CEO of Realtize, is highly impressed with the NSAV team. He applauds their professionalism and efficiency in developing the token, and looks forward to the completion of the project. He is thankful to Silverbear Capital that helped to facilitate the partnership.
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner, hopes that the association of with Realtize is going to be long-term. Even as the authorities are becoming stricter regarding blockchain and cryptocurrencies, NSAV is going to stay a step ahead of the curve.
NSAV stock is trading below the 20-Day and 50-Day Moving averages of $0.0435 and $0.0376 respectively. However, the stock is trading above 200-Day moving average of $0.0288. The stock is down 20% in the past week.