NEM (XEM) Achieves Market Cap of $136.61 Million

NEM (XEM) traded up 4% against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on July 3rd. NEM has a total market cap of $136.61 million and approximately $13.25 million worth of NEM was traded on exchanges in the last 24 hours. In the last week, NEM has traded up 5.7% against the U.S. dollar. One NEM coin can currently be bought for approximately $0.0152 or 0.00000025 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 4.8% lower against the dollar and now trades at $0.20 or 0.00000327 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded 0.4% higher against the dollar and now trades at $0.0120 or 0.00000020 BTC.

NEM Profile

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

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 currently possible to purchase alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to acquire NEM should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase NEM using one of the exchanges listed above.

XEM/USD price chart by TradingView