NEM (XEM) Price Down 4.9% Over Last Week

NEM (XEM) traded down 0.6% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on March 6th. In the last seven days, NEM has traded down 4.9% against the U.S. dollar. One NEM coin can currently be purchased for $0.0196 or 0.00000022 BTC on popular cryptocurrency exchanges. NEM has a market capitalization of $176.73 million and $21.71 million worth of NEM was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded 0.1% lower against the dollar and now trades at $0.82 or 0.00000915 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $89,272.80 or 0.99784055 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.3% against the dollar and now trades at $88,796.99 or 0.99252214 BTC.

About NEM

NEM (CRYPTO:XEM) uses the hashing algorithm. Its launch date was March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. NEM’s official message board is discord.gg/eedjkbmvvb. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. The official website for NEM 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 buy alternative cryptocurrencies such as NEM directly using U.S. dollars. Investors seeking to trade NEM should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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