NEM (XEM) | Buy NEM Now |
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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. |
CVIX | 8 |
Current price | $0.025470 |
Change 24h | -1.97% |
Change 7d | -0.88% | Market Cap | $229 230 649 |
Available supply | 8 999 999 999 XEM |
Volume 24h | $3 771 491 |
Updated | Tuesday, September 26, 2023 1:00:04AM UTC |
Nature | Coin |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $0.025241 | -0.90% |
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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.
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.
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, $ |
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Sep 17 | 0.026041 | 0.025103 | 0.026041 | 226 134 870 |
Sep 18 | 0.025198 | 0.024992 | 0.026047 | 232 008 726 |
Sep 19 | 0.025699 | 0.025598 | 0.025999 | 232 751 969 |
Sep 20 | 0.025887 | 0.025494 | 0.025946 | 233 133 086 |
Sep 21 | 0.025951 | 0.025119 | 0.025968 | 226 225 297 |
Sep 22 | 0.025112 | 0.025036 | 0.025682 | 231 140 716 |
Sep 23 | 0.025702 | 0.025702 | 0.026356 | 237 204 873 |
Sep 24 | 0.026274 | 0.025799 | 0.026310 | 236 787 686 |
Sep 25 | 0.026120 | 0.025215 | 0.026120 | 228 281 897 |
Sep 26 | 0.025438 | 0.025438 | 0.025470 | 229 230 649 |
* 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 | ![]() |
Bitcoin predictions | 94.4% | 4 | $26 275.38 | 0.21% | -1.57% | $512 264 229 303 | ||
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Ethereum predictions | 93.6% | 6 | $1 587.57 | 0.57% | -2.66% | $190 876 036 699 | ||
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Tether predictions | 93.6% | 1 | $0.999885 | -0.02% | -0.07% | $83 198 315 990 | ||
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Binance Coin predictions | 93.6% | 4 | $210.08 | 0.83% | -2.71% | $32 320 352 678 | ||
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XRP predictions | 89.2% | 8 | $0.502599 | 0.41% | -0.08% | $26 761 004 233 | ||
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USD Coin predictions | 91.6% | 1 | $1.000132 | 0% | -0.03% | $25 663 543 950 | ||
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Lido stETH predictions | 95.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
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Cardano predictions | 90.4% | 7 | $0.246432 | 1.19% | -2.10% | $8 655 293 025 | ||
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Dogecoin predictions | 89.6% | 6 | $0.060907 | 0.18% | -1.83% | $8 597 490 194 | ||
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Wrapped TRON predictions | 86.4% | 17 | $0.083230 | -0.20% | 0.26% | $8 462 475 836 | ||
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Solana predictions | 85.2% | 23 | $19.34 | -0.10% | -1.80% | $7 981 923 575 | ||
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TRON predictions | 88% | 20 | $0.084366 | 0.89% | 0.58% | $7 518 294 306 | ||
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Toncoin predictions | 60% | 80 | $2.15 | -1.96% | -10.71% | $7 370 150 744 | ||
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Dai predictions | 93.2% | 1 | $0.999781 | -0.07% | 0.01% | $5 346 718 270 | ||
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Polkadot predictions | 82.4% | 23 | $4.07 | 1.80% | -0.55% | $5 255 365 325 |
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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