It’s true that NEM was a great disappointment for investors in 2019. XEM price went down from $0.064437 on January 1st 2019 to $0.032370 on December 31 2019. However, it is worth monitoring our NEM price prediction algorithm: NEM might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, XEM might be the coin to watch closely now.
The current NEM price is $0.038507, its circulating supply is 8 999 999 999 XEM. Our algorithm predicts that based on historical data NEM price will be at $0.043519 in 1 week and $0.058567 in 1 month. Our deep learning algorithm predicts the XEM price will be at $0.088689 in 6 months. Analysis of the cryptocurrency market shows that NEM price may reach $0.083051 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that XEM will stay around $0.074898 in 2020, $0.083051 in 2021, $0.087678 in 2022, $0.100594 in 2023 and $0.111880 in 2024.
While creating the NEM prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.088689 and lowest possible predicted price is $0.066927.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and NEM has the potential to stay within "survivors" team. Our NEM short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our NEM Price Prediction Forecast Tool to get daily, weekly, monthly and yearly NEM forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of NEM (XEM)?
The current price of NEM is $0.038507.
What is the current market capitalization of NEM (XEM)?
The current market capitalization of NEM is $346 562 426.
What will be the price of NEM (XEM) Tomorrow?
Our algorithm forecasts that the price of NEM will reach $0.039724 tomorrow.
In 1 year from now what will 1 NEM be worth?
As per the forecast and algorithmic analysis, the the price of 1 NEM will be around $0.074898.
Is it profitable to invest in NEM (XEM)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for NEM (XEM) as a short term investment. NEM can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will NEM be growing in the Future?
NEM is potentially one of the most profitable among digital coins.
How high can the Price of NEM go?
Our algorithm forecasts that the price of NEM will reach $0.111880 by 2023.
Is NEM (XEM) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy NEM now.
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.
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