NEM price today is $0.111025 USD with a 24-hour trading volume of $19,158,775 USD. NEM is down 2.39% in the last 24 hours. The current CoinMarketCap ranking is #23, with a market cap of $999,221,290 USD. It has a circulating supply of 8,999,999,999 XEM coins and the max. supply is not available. You can find the top exchanges to trade NEM listed on our crypto exchanges page.
NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015. The NEM mainnet supports multiple ledgers and has a NEM Smart Asset system, where nodes on the NEM blockchain process API calls. Its native currency is XEM, is 'harvested' using its POI (Proof-of-Importance) algorithm. The 'importance' of NEM users is determined by the number of coins they have and the number of transactions associated with their wallet. NEM also has an encrypted P2P messaging system, multisignature accounts, and an Eigentrust++ reputation system.
|NEM Price||$0.111025 USD|
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