NEM (XEM) Price Down 29.1% Over Last 7 Days

NEM (XEM) traded down 13.6% against the US dollar during the 1 day period ending at 9:00 AM Eastern on December 20th. In the last week, NEM has traded down 29.1% against the US dollar. NEM has a total market capitalization of $204.77 million and approximately $41.27 million worth of NEM was traded on exchanges in the last day. One NEM coin can now be bought for approximately $0.0228 or 0.00000024 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded 6.8% lower against the dollar and now trades at $95,058.25 or 1.00047174 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 6.9% against the dollar and now trades at $94,454.99 or 0.99412249 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

NEM Coin Profile

NEM uses the hashing algorithm. Its genesis date was March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. The official website for NEM is nem.io. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. NEM’s official message board is discord.gg/eedjkbmvvb. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here.

According to CryptoCompare, “NEM is a blockchain platform that was launched in 2015 and aimed to improve on the imperfections of other chains at the time. It was one of the first non-turing complete chains to offer user-defined tokens, namespaces, multisignature accounts, and a P2P reputation system. It introduced the proof-of-importance consensus mechanism to reward on-chain activity and deter wealth concentration. NEM’s client, NIS, is written in Java. In 2021, NEM was hard forked by a team aiming to turn it into the world’s leading payments platform for on-chain and off-chain media content.”

NEM Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to acquire NEM should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NEM using one of the exchanges listed above.

Receive News & Updates for NEM Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for NEM and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.