Bitcoin
BTC$29 862.92

-4.61%

Ethereum
ETH$2 023.66

-5.68%

Tether
USDT$0.998796

-0.03%

USD Coin
USDC$1.000660

0.04%

Binance Coin
BNB$298.01

-4.49%

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XRP$0.422499

-5.56%

NEM (XEM) Price, Market Cap and Information


NEM (XEM) Buy NEM Now
NEM (XEM) 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 85
Current price $0.058735
Change 24h -12.79%
Change 7d -2.15%
Market Cap $528 617 386
Available supply 8 999 999 999 XEM
Volume 24h $25 291 381
Updated Tuesday, May 17, 2022 12:00:04AM UTC
Nature Coin
Mineable No
Discussion
WWW Website

NEM price change 24 hours

NEM Short Term Forecast

After Price Change
1 day $0.057443 -2.20%

NEM Price Predictions

NEM General Information

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.

NEM Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
May 08 0.080605 0.077437 0.080605 700 354 643
May 09 0.076089 0.060766 0.076675 555 913 905
May 10 0.060028 0.058812 0.063845 534 601 900
May 11 0.060816 0.047829 0.061045 446 935 258
May 12 0.048991 0.040007 0.050295 368 269 541
May 13 0.041667 0.041667 0.059312 518 528 133
May 14 0.057855 0.051953 0.060920 512 988 708
May 15 0.056990 0.054698 0.064428 579 852 242
May 16 0.067275 0.057319 0.067275 528 972 234
May 17 0.058735 0.058735 0.058735 528 617 386

XEM/USD Price Charts

XEM to USD price chart – 7 days
XEM to USD price chart – 30 days
XEM to USD price chart – 60 days
XEM to USD price chart – 6 months

* 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.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 66.4% 75 $29 862.92 -4.61% -1.43% $568 643 328 349 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60.8% 77 $2 023.66 -5.68% -10.04% $244 470 579 811 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.998796 -0.03% -0.12% $75 660 930 298 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000660 0.04% 0.11% $52 009 913 428 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 71 $298.01 -4.49% -0.72% $48 657 409 926 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 68.4% 70 $0.422499 -5.56% -14.29% $20 424 915 692 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 65.6% 68 $0.556880 -6.81% -9.00% $18 833 840 942 ADA 7 days price change
8 Solana (SOL) SOL Solana predictions 61.2% 80 $53.68 -8.81% -15.43% $18 096 700 330 SOL 7 days price change
9 Binance USD (BUSD) BUSD Binance USD predictions 95.6% 1 $0.999564 -0.09% -0.13% $17 990 219 912 BUSD 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 64.8% 76 $0.087841 -5.39% -16.20% $11 653 943 120 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 63.2% 77 $10.62 -9.93% -1.32% $10 492 669 466 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 64.8% 79 $32.61 -10.79% -22.54% $8 775 405 549 AVAX 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 61.6% 75 $29 851.71 -4.50% -1.83% $8 478 001 887 WBTC 7 days price change
14 TRON (TRX) TRX TRON predictions 72.4% 61 $0.069116 -4.48% -5.81% $6 757 528 478 TRX 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 64% 78 $0.000012 -7.95% -16.96% $6 586 200 152 SHIB 7 days price change

News, Promo

XEM
NEM, Augur and District0x price push higher while Bitcoin trades below $32K

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...

19 Jul 2021

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