NEM Price Up 0.6% Over Last 7 Days (XEM)

NEM (XEM) traded 1.6% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on February 12th. Over the last seven days, NEM has traded 0.6% higher against the U.S. dollar. NEM has a market cap of $314.43 million and $5.96 million worth of NEM was traded on exchanges in the last 24 hours. One NEM coin can currently be bought for about $0.0349 or 0.00000072 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.33 or 0.00000682 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0% lower against the dollar and now trades at $0.0101 or 0.00000021 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.5% higher against the dollar and now trades at $0.0091 or 0.00000019 BTC.

NEM Profile

XEM uses the hashing algorithm. It launched on March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here. The official message board for NEM is discord.gg/eedjkbmvvb. NEM’s official website is nem.io. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NEM using one of the exchanges listed above.

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