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Market

Market stats

Market cap

$391.9M

Volume (24h)

$17.5M

Circulating supply

9.0B XEM

All time high

$2.09

Price change (1h)

-1.8%

Price change (24h)

-13.67%

Price change (7d)

-22.37%

About NEM

XEM is a cryptocurrency that powers the New Economy Movement blockchain. To verify transactions, NEM uses a unique consensus algorithm called Proof of Importance.

NEM, or New Economy Movement, is a blockchain platform that was introduced in March 2015. It was one of the early pioneers in the cryptocurrency industry, striving to address and improve upon the imperfections found in other blockchain systems of the time. NEM introduced several innovative features such as user-defined tokens (known as mosaics), namespaces, multisignature accounts, and a peer-to-peer reputation system based on EigenTrust++. Perhaps its most notable contribution to the blockchain space is the proof-of-importance consensus mechanism, which strives to reward on-chain activity and discourage the concentration of wealth often associated with proof-of-stake systems.

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NEM is on the decline this week.

The price of NEM has decreased by 1.80% in the last hour and decreased by 13.67% in the past 24 hours. NEM’s price has also fallen by 22.37% in the past week. The current price is $0.0435 per XEM with a 24-hour trading volume of $17.48M. Currently, NEM is valued at 97.92% below its all time high of $2.09. This all-time high was the highest price paid for NEM since its launch.

The current circulating supply of NEM is 8,999,999,999 XEM which means that NEM has as total market cap of 8,999,999,999.

FAQ

What is the current price of NEM?

We update our NEM to USD currency in real-time. Get the live price of NEM on Coinbase.

What is the market cap of NEM?

The current market cap of NEM is $391.87M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of NEM?

The all-time high of NEM is $2.09. This all-time high is highest price paid for NEM since it was launched.

What is the 24 hour trading volume of NEM?

Over the last 24 hours, the trading volume of NEM is $17.48M.

What other assets are similar to NEM?

Assets that have a similar market cap to NEM include Loopring, MAGIC, Qtum, and many others. To see a full list, see our comparable market cap assets.

How many NEM are there?

The current circulating supply of NEM is 9 billion.

Can I buy NEM on Coinbase?

No, NEM is not currently available on Coinbase, but you can sign up to get the latest news on NEM and be notified when it gets added to our exchange.

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