NEM Market Capitalization Achieves $11.24 Million (XEM)

NEM (XEM) traded down 12.4% against the dollar during the 24 hour period ending at 11:00 AM E.T. on November 5th. During the last seven days, NEM has traded 4.4% lower against the dollar. One NEM coin can currently be bought for about $0.0012 or 0.00000001 BTC on cryptocurrency exchanges. NEM has a market capitalization of $11.24 million and $2.20 million worth of NEM was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 down 0.5% against the dollar and now trades at $102,674.82 or 0.99502000 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $101,766.85 or 0.99730202 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About NEM

NEM (CRYPTO:XEM) uses the hashing algorithm. It was first traded on 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 peer-to-peer crypto platform. 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.NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.Proof-of-importance (PoI) is a consensus mechanism developed by NEM that is used to determine which network participants (nodes) are eligible to add a block to the blockchain, a process NEM calls ‘harvesting’.LinkedIn”

NEM Coin Trading

It is usually not currently 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NEM using one of the exchanges listed above.

XEM/USD price chart by TradingView