|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||-6.65%||Market Cap||$350 222 363|
|Available supply||8 999 999 999 XEM|
|Volume 24h||$7 752 340|
|Updated||Sunday, March 26, 2023 5:00:03PM 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, $|
|Mar 17||0.037759||0.037451||0.039866||358 796 277|
|Mar 18||0.040070||0.040070||0.041880||364 160 758|
|Mar 19||0.040186||0.039985||0.041756||371 994 609|
|Mar 20||0.041340||0.038576||0.041405||351 122 009|
|Mar 21||0.038647||0.037643||0.039703||357 330 425|
|Mar 22||0.039852||0.037903||0.040520||342 569 960|
|Mar 23||0.038255||0.038096||0.039920||355 893 089|
|Mar 24||0.039728||0.038313||0.040378||346 499 946|
|Mar 25||0.038889||0.038155||0.039072||344 781 997|
|Mar 26||0.038344||0.038344||0.039300||350 222 363|
* 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||70.8%||61||$27 769.57||0.34%||-1.21%||$536 754 799 967|
|2||ETH||Ethereum predictions||78%||45||$1 760.08||0.25%||-3.71%||$215 388 158 297|
|3||USDT||Tether predictions||94%||1||$1.000733||-0.01%||-0.23%||$79 080 219 026|
|4||BNB||Binance Coin predictions||70.4%||55||$326.69||0.81%||-4.05%||$51 580 669 015|
|5||USDC||USD Coin predictions||90.8%||2||$0.999682||-0.01%||-0.03%||$33 902 351 134|
|6||XRP||XRP predictions||79.2%||31||$0.446466||-3.10%||12.47%||$22 747 856 843|
|7||HEX||HEX predictions||61.6%||82||$0.083065||-7.66%||-5.41%||$14 404 450 316|
|8||ADA||Cardano predictions||75.6%||39||$0.354052||-1.61%||0.76%||$12 296 599 101|
|9||STETH||Lido stETH predictions||96%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|10||MATIC||Polygon predictions||73.2%||45||$1.091200||-0.69%||-10.47%||$9 908 609 587|
|11||DOGE||Dogecoin predictions||78%||42||$0.074319||-1.03%||-2.69%||$9 860 013 376|
|12||BUSD||Binance USD predictions||92.8%||1||$0.999782||-0.03%||-0.07%||$8 022 603 277|
|13||SOL||Solana predictions||72.8%||46||$20.76||0.18%||-7.29%||$7 971 638 329|
|14||DOT||Polkadot predictions||79.6%||39||$6.01||-0.11%||-8.80%||$7 035 460 173|
|15||LTC||Litecoin predictions||74%||57||$92.76||0.43%||7.61%||$6 731 324 739|
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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