NEM (XEM) Price Down 1.2% Over Last 7 Days

NEM (XEM) traded up 3.9% against the US dollar during the twenty-four hour period ending at 12:00 PM E.T. on September 23rd. NEM has a market cap of $364.32 million and approximately $9.87 million worth of NEM was traded on exchanges in the last 24 hours. In the last week, NEM has traded 1.2% lower against the US dollar. One NEM coin can currently be purchased for approximately $0.0405 or 0.00000216 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0492 or 0.00000262 BTC.
  • CareCoin (CARES) traded down 99.8% against the dollar and now trades at $0.0610 or 0.00000325 BTC.
  • OmniaVerse (OMNIA) traded 5.2% higher against the dollar and now trades at $0.0044 or 0.00000023 BTC.
  • Euro Coin (EUROC) traded 0% lower against the dollar and now trades at $0.83 or 0.00004426 BTC.
  • Jeff in Space (JEFF) traded flat against the dollar and now trades at $2.07 or 0.00011034 BTC.
  • Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0149 or 0.00000080 BTC.
  • AXIA Coin (AXC) traded up 0% against the dollar and now trades at $13.43 or 0.00070385 BTC.
  • MVP Coin (MVP) traded 28.6% lower against the dollar and now trades at $2,053.00 or 0.10760105 BTC.
  • Tarality (TARAL) traded 11.3% lower against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • The Web3 Project (WEB3) traded 213.7% higher against the dollar and now trades at $517.71 or 0.02213862 BTC.

About NEM

NEM (XEM) uses the hashing algorithm. Its launch date was March 31st, 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 Twitter account is @NEMofficial and its Facebook page is accessible here. NEM’s official message board is forum.nem.io.

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 trade NEM should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NEM using one of the aforementioned exchanges.

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