| NEM | NEM website |
|---|---|
| Symbol | XEM |
| Nature | Coin |
| Brief | NEM (XEM) is a peer-to-peer crypto-exchange platform written on the basis of Javascript and Java and using a unique source code. NEM went public in early 2015, when company NemProject 2 revealed the NEM (XEM) coin. |
| Discussion | https://forum.nem.io/ |
| Last updated: | Tuesday, November 19, 2019 4:58:01AM UTC |
| Current price, USD: | 0.040 |
| Current price, BTC: | 0.0000048 |
| Market capitalization, USD: | 358 603 756 |
| Available supply: | 8 999 999 999 XEM |
| Volume 24 hours, USD: | 34 116 190 |
| Mineable | No |
General XEM facts, technical details and general information about NEM crypto currency
NEM (XEM) is a peer-to-peer crypto-exchange platform written on the basis of Javascript and Java and using a unique source code. NEM went public in early 2015, when company NemProject 2 revealed the NEM (XEM) coin with the aim to bring the security and speed of transactions to a whole new level. The developers improved the functionality of blockchain technology by supplementing it with the Proof-of-Importance algorithm.
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.
We list daily NEM historical data for the past 10 days
| Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
|---|---|---|---|---|
| Nov 10 | 0.040 | 0.04 | 0.041 | 364 803 936 |
| Nov 11 | 0.041 | 0.039 | 0.041 | 355 773 249 |
| Nov 12 | 0.040 | 0.04 | 0.04 | 362 923 579 |
| Nov 13 | 0.040 | 0.04 | 0.043 | 364 295 478 |
| Nov 14 | 0.041 | 0.04 | 0.041 | 361 794 371 |
| Nov 15 | 0.040 | 0.04 | 0.041 | 360 526 261 |
| Nov 16 | 0.040 | 0.04 | 0.044 | 392 014 618 |
| Nov 17 | 0.043 | 0.042 | 0.043 | 374 335 688 |
| Nov 18 | 0.042 | 0.04 | 0.043 | 361 037 171 |
| Nov 19 | 0.041 | 0.04 | 0.041 | 358 603 756 |
| XEM price change 24 hours | -3.74% |
|---|---|
| XEM price change 7 days | 0.12% |
XEM is among the cryptocurrencies that suffered the biggest blow during the notorious crypto winter of 2018. The near-bankruptcy situation, which led to NEM Foundation firing most of its staff, had almost run the organization into the ground. But to their credit, the coin didn't take a very deep nosedive and managed to establish a foothold in Top 20. In spite of that, XEM remains extremely profitable for the initial investors, who have committed to the project way back when the token was worth $0,0015.
XEM is at the point of boom or bust. It needs to surprise everyone with a real rush of investors or it will be eternally forgotten. XEM never had anything to offer to the blockchain community, and it still doesn’t. Until they can find some way to dig themselves out of their own grave, any smart trader isn’t going to touch it. This could work as a short term trade, but even that is dicey since XEM already went bankrupt not too long ago. There are those that think just because a coin went down significantly in value that it will miraculously jump back up in price, and so far, it doesn’t look like that’s the case with XEM.
XEM not only went bankrupt, but it's so far down in value that it can't go down any further at this point. Although XEM basically doesn;t have any users on its platform or any real partnerships, it's basically a perfect buy. If you aren't buying XEM here then I really don't know what to say other than I'm sorry that you didn't listen. The charts are lining up perfectly and nearly ever signal group is calling XEM as the next big pump.
It's so funny, NEM basically was bankrupt and fired all their workers and now they secure funding at the coin pump 10%? I mean this is why crypto isn't going anywhere right now. The people are too gullible thinking any of this will keep this inefficient blockchain afloat. What has NEM even accomplished in the last two years? They've been incognito for the last year with neary zero releases and no announced milestones. The community needs to get a wake up call and dump these types of projects and stick with projects that are going to last.
It seems that NEM, a top 20 coin market cap coin, is nearly broke according to the NEM foundation. Considering there's been zero developmental updates, this news finally makes sense. I'm surprised the price hasn't done a nose dive. The foundation claims they'll be restructuring and doing a business pivot. We'll see if NEM survives the remainder of this bear market.
| Currency | Price, USD | 24h | |
|---|---|---|---|
| 1 | Bitcoin | 8 245.711 | -3.65% |
| 2 | Ethereum | 178.954 | -3.23% |
| 3 | XRP | 0.253 | -3.92% |
| 4 | Bitcoin Cash | 248.033 | -6.98% |
| 5 | Tether | 1.011 | 0.14% |
| 6 | Litecoin | 56.644 | -4.73% |
| 7 | EOS | 3.209 | -6.12% |
| 8 | Binance Coin | 19.088 | -5.23% |
| 9 | Bitcoin SV | 114.206 | -7.73% |
| 10 | Stellar | 0.067 | -6.54% |
| 11 | TRON | 0.017 | -8.39% |
| 12 | Cardano | 0.043 | -5.31% |
| 13 | Monero | 58.629 | -5.41% |
| 14 | Chainlink | 2.754 | -6.67% |
| 15 | Huobi Token | 3.499 | -2.97% |
We publish the most accurate NEM Forecasts and News including crypto industry experts' opinion on a daily basis
NEM (XEM) is not exactly among the oldest coins in the crypto market, but it has been around for almost half of its existence. On top of that, it spent the majority of that time...
NEM Foundation is a shining example of an organization that had come up with a great idea, but then almost drove the company into going bankrupt. This happened due to the...
