NEM (XEM)

$0.019

-2.14%

Stay updated on NEM (XEM) with real-time charts and quick updates. Get a comprehensive view of the XEM market, learn how to trade cryptocurrencies, and dive into the dynamic world of digital finance. Understand the factors affecting XEM's price with extensive news coverage and insightful market analysis.

NEM (XEM) Price Real Time-Data

The live price of NEM (XEM) is $0.019 with a 24-hour trading volume of $23.02M. Its 24-hour peak value is $0.02, and its 24-hour low is $0.019. The current circulating supply is 9B XEM, out of a maximum of 9B XEM, leading to a fully diluted market capitalization of $178.06M. NEM (XEM) to USD price is updated in real-time.

What is NEM (XEM)?

NEM (New Economy Movement) is a blockchain platform launched in March 2015. It was designed to improve on existing blockchain technologies, introducing features like user-defined tokens (mosaics), namespaces, multisignature accounts, and a unique proof-of-importance consensus mechanism.

Learn more about NEM (XEM)

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FAQ

Who are the founders of NEM (XEM)?

NEM was co-founded by Lon Wong and Jeff McDonald. Both played significant roles in the development and promotion of the platform, which aimed to enhance blockchain infrastructure for enterprises.

How many NEM (XEM) are there?

NEM has a total supply of 9 billion XEM tokens, all of which are currently in circulation.

What are the potential use cases for NEM (XEM)?

NEM can be used for a variety of applications, including notarizing assets with timestamps, managing digital assets, facilitating payments for businesses and vendors, and building decentralized applications (dApps).

What is the history of NEM (XEM)?

Launched in March 2015, NEM aimed to offer improved blockchain solutions. In December 2021, a hard fork named Harlock was introduced by a pseudonymous team to transition NEM into a leading platform for on-chain and off-chain media content.

How Is the NEM (XEM) Network Secured?

NEM uses the proof-of-importance consensus mechanism, which rewards users based on their on-chain activity and contributions. It also employs the EigenTrust++ reputation system to manage peer reliability and maintain network security.

What can you do with your NEM (XEM)?

With NEM, you can engage in transactions, manage digital assets, build and use dApps, and participate in the NEM ecosystem’s various applications, such as notarization and namespace creation.

Where to buy NEM (XEM)?

NEM (XEM) can be bought on major cryptocurrency exchanges like Binance, Kraken, and Kucoin. It is actively traded in various pairs, including XEM/BTC.

What is the price of NEM (XEM) in USD and BRL?

The current price of NEM (XEM) is approximately $0.0148 USD. In Brazilian Real (BRL), the price is around R$0.074. For real-time updates, you can check cryptocurrency exchange platforms.