NEM (XEM) Trading Down 1.6% Over Last Week

NEM (XEM) traded down 4.9% against the US dollar during the 1-day period ending at 0:00 AM E.T. on January 24th. One NEM coin can currently be bought for about $0.0366 or 0.00000162 BTC on popular exchanges. In the last seven days, NEM has traded 1.6% lower against the US dollar. NEM has a total market cap of $329.13 million and approximately $15.02 million worth of NEM was traded on exchanges in the last 24 hours.

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

  • Aidi Finance (BSC) (AIDI) traded 8.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 4.3% against the dollar and now trades at $0.0590 or 0.00000261 BTC.
  • CareCoin (CARES) traded down 4.3% against the dollar and now trades at $0.0732 or 0.00000324 BTC.
  • OmniaVerse (OMNIA) traded down 2.6% against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 4.3% lower against the dollar and now trades at $90.62 or 0.00400651 BTC.
  • Lunar (LNR) traded up 5.1% against the dollar and now trades at $0.0286 or 0.00000127 BTC.
  • Hokkaidu Inu (HOKK) traded 2.8% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded 4.3% lower against the dollar and now trades at $6,361.15 or 0.28122715 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.3% against the dollar and now trades at $135.02 or 0.00596925 BTC.
  • Lego Coin (LEGO) traded 1.2% higher against the dollar and now trades at $0.0408 or 0.00000180 BTC.

NEM Coin Profile

NEM (XEM) uses the hashing algorithm. It launched on March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here. NEM’s official message board is discord.gg/eedjkbmvvb. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. NEM’s official website is 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 possible to purchase alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to acquire NEM should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase NEM using one of the aforementioned exchanges.

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