|NEM (XEM)||Buy NEM Now|
|NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015. The NEM mainnet supports multiple ledgers and has a NEM Smart Asset system.|
|Change 7d||1.09%||Market Cap||$293 199 291|
|Available supply||8 999 999 999 XEM|
|Volume 24h||$7 304 814|
|Updated||Sunday, November 27, 2022 5:00:02PM UTC|
General XEM facts, technical details and NEM Cryptocurrency information
NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015. The NEM mainnet supports multiple ledgers and has a NEM Smart Asset system, where nodes on the NEM blockchain process API calls. Its native currency is XEM, is 'harvested' using its POI (Proof-of-Importance) algorithm. The 'importance' of NEM users is determined by the number of coins they have and the number of transactions associated with their wallet. NEM also has an encrypted P2P messaging system, multisignature accounts, and an Eigentrust++ reputation system.
NEMs blockchain platform was designed and coded from the ground up for scale and speed. NEM"s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. And its revolutionary consensus mechanism and the Supernode program ensure that NEM"s open, public blockchain can grow without ever compromising throughput or stability.
Such kind of protocol means that a XEM user’s value is determined through how many coins he controls and the amount of transactions he makes. The creators also offered an integrated system for the exchange of encrypted data, the use of a multi-signature and the Eigentrust ++ system. This recipe has been successful so far and helped the cryptocurrency win its way into TOP 10 currency rating.
The NEM Smart Asset System allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more. Mosaics then are the basic building blocks of Smart Assets that you can use to represent lots of simple things: it could be a coin, a signature, a status update or more – you decide.
To create truly Smart Assets however, NEM allows you to create Addresses that act as containers for Mosaics that can be connected with Multisig rules. An address can simply represent a user, such as an account holder. But it can also represent an individual unique asset such as a document, or a song, or a package. You can then update that asset through configurable Transactions. See our “example use cases” below to see how Smart Assets can be used to create a wide variety of blockchain solutions, quickly and reliably.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 18||0.031683||0.031598||0.032030||285 349 619|
|Nov 19||0.031759||0.031652||0.033142||296 825 310|
|Nov 20||0.032939||0.030927||0.033502||279 077 254|
|Nov 21||0.030873||0.030035||0.039024||291 857 435|
|Nov 22||0.032463||0.030788||0.032463||286 421 041|
|Nov 23||0.032033||0.032033||0.033004||293 734 603|
|Nov 24||0.032801||0.032801||0.034775||306 274 797|
|Nov 25||0.034161||0.032268||0.034161||291 760 286|
|Nov 26||0.032523||0.032499||0.033082||293 089 634|
|Nov 27||0.032639||0.032422||0.032814||293 199 291|
* Crypto Rating accepts no liability for any errors in the NEM information, XEM Prices and XEM's Market Cap. For the most up-to-date prices please visit the NEM's official website.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||56.8%||88||$16 549.96||0.25%||-0.17%||$318 061 829 359|
|2||ETH||Ethereum predictions||62%||86||$1 215.60||0.35%||3.48%||$148 757 543 739|
|3||USDT||Tether predictions||95.2%||1||$0.999560||0%||0.05%||$65 333 917 446|
|4||BNB||Binance Coin predictions||65.2%||66||$312.88||-0.23%||15.71%||$50 052 643 653|
|5||USDC||USD Coin predictions||95.6%||1||$1.000136||0.01%||0%||$44 196 929 294|
|6||BUSD||Binance USD predictions||95.2%||1||$0.999958||-0.03%||0%||$22 400 595 674|
|7||XRP||XRP predictions||64.8%||80||$0.403442||0.52%||8.40%||$20 292 627 901|
|8||DOGE||Dogecoin predictions||56.8%||93||$0.104054||14.25%||27.47%||$13 804 916 865|
|9||ADA||Cardano predictions||60%||82||$0.318011||0.36%||-0.34%||$10 950 379 673|
|10||STETH||Lido stETH predictions||94%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||MATIC||Polygon predictions||70%||65||$0.860507||0.98%||2.90%||$7 515 942 591|
|12||DOT||Polkadot predictions||67.6%||71||$5.40||0.47%||-0.74%||$6 156 363 977|
|13||DAI||Dai predictions||90.8%||1||$0.999877||0%||-0.06%||$5 725 604 712|
|14||LTC||Litecoin predictions||70.4%||64||$76.38||0.29%||23.18%||$5 476 747 462|
|15||WTRX||Wrapped TRON predictions||60%||82||$0.053686||1.57%||5.35%||$5 458 605 688|
Data from Cointelegraph Markets Pro and TradingView shows that after a month where the average 24-hour trading volume for NEM was $50 million, demand for the token surged...
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