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NEM (XEM)

NEM (XEM) up-to-date price information, find exchanges where to buy XEM, and discover similar coins to XEM based on volume or price.
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NEM

Data last updated about 1 hour ago
XEM All Time Low/High: €0.00007471 (+65006%) / €1.55 (-97%)
Current price
EUR Price
€ 0.0486407
24h
Negative percentage
-6.61%
Week
Negative percentage
-16.71%
14 days
Negative percentage
-16.71%
Month
Negative percentage
-44.32%
Year
Negative percentage
-69.28%
NEM coin logo
Disclaimer: All xem price data is sourced from a third-party site. While we try to always offer correct and up-to-date xem price data, it can sometimes be wrong. Cryptolorium assumes no responsibility or liability for any errors or omissions in the content of this site. So we suggest you pay attention to any abnormalities yourself and take all xem price as well as xem price change information brought out above with a grain of salt. And as always, keep in mind that trading cryptos contains risks which may result in partial or full loss of your investment.

How popular is XEM cryptocurrency?

NEM ranks 111th among all cryptocurrencies. It has a market cap of €437584347. The total trading volume within the last 24 hours was €20369800.

Where can you buy XEM crypto?

You can currently buy XEM in these exchanges: AEX, AscendEX (BitMax), Atomars, BHEX, Bibox, Binance, BiONE, BitBNS, Bitcoin.com Exchange, Bithumb, BitMart, Bitrue, Bittrex, BKEX, BTC Trade UA, CoinEx, Coinsbit, CoinTiger, CREX24, Dex-Trade, Digifinex, DragonEx, EXMO, Exrates, Gate.io, GokuMarket, Graviex, HitBTC, Huobi Global, Huobi Indonesia, Huobi Japan, Huobi Korea, Indodax, Kucoin, Kuna Exchange, LATOKEN, Liquid, OKEx, P2PB2B, Poloniex, ProBit, Upbit, Upbit Indonesia , VCC Exchange, Vindax, WazirX, XT.COM, YoBit, Zaif, ZB, ZBG. The currencies you can use to buy XEM are BCH, BTC, DOGE, ETH, EUR, IDR, INR, JPY, KRW, QC, RUR, SXC, UAH, USD, USDT, WAVES, XRP.

How much potential does XEM have?

It's hard to say how much potential NEM has, but based on its circulating supply (8,999,999,999), it can theoretically grow at least 1220x before it would become more popular than Bitcoin. This means that based on XEM maximum potential it could reach €59.3368 before it would have to overtake Bitcoin. But then again, this is not a XEM price prediction of any sort, but just logical calculation.

Learn more about altcoins maximum potential prices.

How well has NEM performed compared to top 300 cryptos?

So how well has NEM performed lately? How much has XEM price increased or decreased? And let's compare the price changes with the top 300 crypto average change.
  • During the last 24h NEM has performed worse than the Top ranking cryptos (XEM -6.61% vs 0.44% for top 300 average).
  • During the last 7 days NEM has performed worse than the Top ranking cryptos (XEM -16.71% vs -3.72% for top 300 average).
  • During the last month NEM has performed worse than the Top ranking cryptos (XEM -44.32% vs -37.16% for top 300 average).
  • During the last year NEM has performed worse than the Top ranking cryptos (XEM -69.28% vs 44.94% for top 300 average).

Where can I find more information about NEM?

You can find more information about XEM from NEM subreddit, NEM facebook page, NEM twitter page, NEM forum, NEM official homepage, and we always recommend you to do further research about NEM yourself as well.

When was XEM launched?

According to our information XEM coin was launched 31st March 2015.

What is NEM?

NEM is a highly versatile crypto solution which seeks to adhere to a host of mainstream industry requirements. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features ...an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.

Essentially, NEM is designed as a financial blockchain solution and can be used for payment, clearing and settlement in a private environment which is highly controlled. This means that NEM meets several of the regulatory requirements and guidelines in the financial industry. This allows it to be used to settle (change of ownership) any asset via the blockchain. Mijin which is a private chain of NEM has gained popularity and companies such as Hitachi have already embraced it.

Why NEM?
Many banks around the world have come to accept the importance of blockchain technology. In fact, a good number of banks in the U.S, India and Japan have already started using the technology. Because banks generally employ the smart contract concept, NEM’s platform which is asset-friendly can be used to settle any asset. In settling assets, speed, security, and reliability are very important to a mainstream institution which is what this crypto offers. NEM addresses these issues by repackaging its blockchain into a private chain and presenting it as Mijin.

NEM crypto is also applicable in the technology world. Unlike Bitcoin and Dogecoin which use mining to increase the number of coins, XEM uses something called ‘harvesting’. In this process, blocks are generated and a person is rewarded for work contributed using transaction fees. Every block has a certain number of transactions which attract an unknown amount of fees. This keeps the participants incentivized to continue harvesting. For a blockchain user to be allowed to harvest, one must go through a forging mechanism process called Proof-of-Importance (POI).

POI is the algorithm used in NEM to time stamp transactions. A NEM user's importance is determined by how many coins they have and the number of transactions made to and from their wallet. POI uses the NCDawareRank network centrality measure, the topology of the transaction graph, as well as a number of other relevant signals to achieve consensus. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In proof-of-stake systems a person needs to have large numbers of coins to form a block, but in NEM transactions volume and trust become factors. This was designed to encourage users of NEM to not simply hold XEM but instead actively carry out transactions.

To be eligible for entering the importance calculation, an account must have at least 10,000 vested XEM. All accounts owning more than 10,000 vested XEM have a non-zero importance score. With a supply of 8,999,999,999 XEM, the theoretical maximum number of accounts with non-zero importance is 899,999. In practice, the number of actual accounts with non-zero importance is not expected to approach the theoretical max due to inequalities in held XEM and also the temporal costs associated with vesting. If NEM becomes very popular, a threshold of 10,000 vested XEM could be undesirable. If necessary, this number could be updated in the future via a hard fork, which is the same procedure for adjusting transaction fees and other parameters related to harvesting.

This data has been sourced from third party.

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Cryptocurrency: NEMSymbol: XEMBinance: Buy XEM now
Market Cap: 437584347 Rank: 111Volume: 20369800
Exchanges
Upbit
HitBTC
Bitcoin.com Exchange
Binance
VCC Exchange
Huobi Global
OKEx
Zaif
Huobi Indonesia
Bithumb
BKEX
XT.COM
Gate.io
Bittrex
ZBG
Bitrue
Poloniex
ZB
AEX
BHEX
You can buy XEM forBCH, BTC, DOGE, ETH, EUR, IDR, INR, JPY, KRW, QC, RUR, SXC, UAH, USD, USDT, WAVES, XRP
Crypto launched2015-03-31

NEM (XEM) live price chart

24h
7days
14 days
30 days
200 days
1 year

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How big was NEM coin volume within the last 24h?
NEM (XEM) last recorded volume was € 20369800.
How much has NEM coin price changed during the last week?
XEM price has changed during the last 7 days -16.71 %.
How much has NEM price changed during the 30 days?
XEM price has changed during the last 30 days -44.32 %.
How much has NEM price changed during one year?
XEM price has changed during the last year -69.28 %.
Is XEM coin close to its All Time High price?
XEM all time high price (ath) is €1.55. Its current price is €0.0486407. This means that the difference between NEM (XEM) All Time High price and XEM current price is -97%.
What is the maximum price NEM (XEM) can reach?
XEM has a current circulating supply of 8,999,999,999. Based on our calculation XEM could reach up to €59.3368 before it would have to overtake Bitcoin. So in theory the potential for growth is 1220x its current value (€0.0486407). However, keep in mind that this is just a logical maximum potential price calculation for NEM and in no way is it a prediction of any kind.
Does NEM crypto have limited supply?
We don't have XEM's maximum supply information at this point. But based on its total supply (8,999,999,999) and circulating supply (8,999,999,999), and the small difference between them, there is a chance that NEM has only a limited supply.
Where can you trade NEM?
NEM is currently listed on at least these crypto exchanges: Upbit, HitBTC, Bitcoin.com Exchange, Binance, VCC Exchange, Huobi Global, OKEx, Zaif, Huobi Indonesia, Bithumb, BKEX, XT.COM, Gate.io, Bittrex, ZBG, Bitrue, Poloniex, ZB, AEX, BHEX and possibly some others.