NEM
XEMPrice
$0.197336
24 Hour % Change
-8.02%
Market Cap
$1.78B
Volume (24h)
$107.20M
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.190887
24 Hour High
$0.214775
Net change
$-0.017152
24 Hour Open
$0.213797
All time high
$1.87
Total Supply
9.00B
Returns (24H)
-8.02%
Returns (YTD)
-4.71%
Volatility (30d)
0.79
Transaction Count (24h)
1,661
Average Transaction Fee (24h)
$0.074977
Value Transacted (24h)
$11.65M
About NEM
Category
Software Platform
Value proposition
Global computer
NEM stands for New Economy Movement and powers the Smart Asset System. It’s written in Java and was launched in 2015 – the platform’s currency is called XEM. XEM are harvested through Pol – once you own 10,000 XEM and deposit them in the official NEM Nano wallet they begin ‘harvesting’ and therefore grow in number through interest. Smart Assets allow unique data to be created representing any asset meaning that these assets can be traded using XEM. Multiple ledgers can also exist on one blockchain. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.
Disclaimer
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Foundations - Consensus: Distributed
The bitcoin market lacks momentum Friday but Uniswap's value locked is on a roller-coaster ride.
Bitcoin price trended upward before losing some steam while ether is moving off centralized exchanges.
Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time.
Bitcoin price took another dive while DeFi is still looking mighty attractive to investors.
Bitcoin’s price is dipping while ether’s share of the crypto market is at a level not seen since 2018.
