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NEM (XEM)
What's NEM price? How much potential does it have? How to buy NEM? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how XEM compares to Bitcoin based on its performance!(Price data last updated about 8 hours ago)
NEM
Data last updated about 8 hours ago XEM All Time Low/High: €0.00007471 (+47602%) / €1.55 (-98%) | |||||||||||||||||||||||||||||||||
Current price  24h  Week  14 days Month Year  Disclaimer: While Cryptolorium always tries to offer correct and up-to-date 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 information brought out on this page with a grain of salt. And as always, keep in mind that trading cryptos involves risks which may result in partial or full loss of your investment. Compare XEM and BTC performance
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How popular is NEM cryptocurrency?NEM ranks 118th among all cryptocurrencies. It has a market cap of €321147359. The total trading volume within the last 24 hours was €8148680.How much potential does it have?How much can NEM grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (8,999,999,999), it can theoretically grow at least 1272x before it would become more popular than Bitcoin. This means that based on XEM maximum potential it could reach €45.3356 before it would have to overtake Bitcoin.How to buy NEM?The easiest way to buy XEM is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 52 NEM exchanges available.
Where can you buy it?XEM should be listed in these exchanges: Additionally you can also find XEM from AEX, AscendEX (BitMax), Bibox, BiONE, BitBNS, Bitget, BitMart, Bitrue, Bitvavo, BKEX, BTC Trade UA, (Spot), CoinEx, Coinsbit, CoinTiger, CREX24, Dex-Trade, Digifinex, Emirex, EXMO, FMFW.io, GokuMarket, Huobi Japan, Indodax, LATOKEN, Liquid, Nominex, OKX, P2B, Pionex, Poloniex, ProBit Global, STEX, TokoCrypto, Upbit, Upbit Indonesia , Vindax, WazirX, WhiteBIT, XT.COM, YoBit, Zaif, ZB, ZBG, Zipmex.Where can I find more information about NEM?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.When was XEM created?According to our information XEM was created 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. | |||||||||||||||||||||||||||||||||
| Market Cap: €321147359 | Rank: #118 | Volume: €8148680 | |||||||||||||||||||||||||||||||
| Crypto launched | 2015-03-31 | ||||||||||||||||||||||||||||||||
NEM (XEM) live price chart | |||||||||||||||||||||||||||||||||
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How big was NEM coin volume within the last 24h?
NEM (XEM) last recorded volume was € 8148680.
How much has NEM price changed during one year?
XEM price has changed during the last year -59.77 %.
Is XEM coin close to its All Time High price?
XEM all time high price (ath) is €1.55. Its current price is €0.0356383. This means that the difference between NEM (XEM) All Time High price and XEM current price is -98%.
What is the maximum price NEM (XEM) could VERY theoretically reach?
XEM has a current circulating supply of 8,999,999,999. Based on our calculation XEM could reach up to €45.3356 before it would have to overtake Bitcoin. So in theory the potential for growth is 1272x its current value (€0.0356383). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for NEM and in no way is it a prediction of any kind, far from it.
Where can you buy NEM?
NEM is currently listed on at least these crypto exchanges: Upbit, XT.COM, Binance, Bibox, BitMart, Bitvavo, Bitget, BKEX, AscendEX (BitMax), P2B, WhiteBIT, Zaif, Bitrue, Hotbit, Bybit, OKX, DigiFinex, KuCoin, Huobi, Gate.io, CoinEx, Emirex, Dex-Trade, EXMO, LATOKEN, Indodax, Bittrex, ProBit Global, Nominex, TokoCrypto, Pionex, BiONE, Poloniex and possibly some others.