The NEM price is currently $ 0.106334 with a 24-hour trading volume of $ 27.74M across 43 exchanges. The XEM price is up 0.36% in the last 24 hours. The NEM price prediction sentiment is currently bearish. NEM reached its highest price on January 4, 2018, when it was trading at its all-time high of $ 2.09. It has a circulating supply of 9.00B XEM with a total supply of 9.00B XEM. The best exchange for trading NEM is Binance.

NEM (XEM) is a cryptocurrency which was launched in March 2015. It utilizes blockchain technology and was written in Java. NEM differs from Bitcoin in a number of key areas. For example, it boasts extremely fast block times of 1 minute and has been designed to have as wide a distribution model as possible. Its algorithm which is used to confirm blockchain transactions and issue new coins is proof of importance (POI)-based. NEM has been used on a blockchain called Mijin in Japan by a number of financial companies. Because NEM was developed as a community-based crypto, its developers wanted to get it into the hands of as many people as possible to prevent it from becoming too centralized. NEM bills itself as being a smart asset blockchain whose API allows any programming language to be used to develop applications upon it. The coin can be purchased on a number of major cryptocurrency exchanges.