NEM

XEM Price

About NEM

NEM was a blockchain platform launched in March 2015, one of the pioneers in the industry, aiming to improve on the imperfections of other chains at the time. It was one of the first non-Turing complete chains to feature user-defined tokens, called mosaics, namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Notably, NEM introduced the PoI consensus mechanism, which rewarded on-chain activity and deterred the concentration of wealth commonly associated with proof-of-stake. The NEM client, NIS, is written in Java. Today, NEM remains a highly-traded cryptocurrency, with current development focused on its merge with another blockchain platform, Symbol.

Where can you buy NEM?

XEM tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade NEM is Gate, where the most active trading pair XEM/USDT has a trading volume of $4,741.84 in the last 24 hours. Other popular options include Poloniex and Zaif.

What is the daily trading volume of NEM (XEM)?

The trading volume of NEM (XEM) is $247,571.02 in the last 24 hours, representing a -12.30% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for NEM (XEM)?

NEM (XEM) reached an all-time high of $1.87 and an all-time low of $0.00008482. It’s now trading -100.00% below that peak and 512.70% above its lowest price.

What is the market cap of NEM (XEM)?

Market capitalization of NEM (XEM) is $4,677,533 and is ranked #1737 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of XEM tokens (9 Billion tokens are tradable on the market today).

What is the fully diluted valuation of NEM (XEM)?

The fully diluted valuation (FDV) of NEM (XEM) is $4,677,533. This is a statistical representation of the maximum market cap, assuming the maximum number of 9 Billion XEM tokens are in circulation today. Depending on how the emission schedule of XEM tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of NEM compare against its peers?

With a price decline of -17.40% in the last 7 days, NEM (XEM) is underperforming the global cryptocurrency market which is down -3.70%, while underperforming when compared to similar Payment Solutions cryptocurrencies which are down -4.80%.