NEM Logo

NEM

XEM

Rank #222

$0.04390

-10.67%
24H Low$0.04361
$0.0507424H High
24H Volume
$10.78 M
All-Time High(ATH)
$1.87
All-Time Low(ATL)
$0.00008482
Market Cap
$397.42 M
Fully Diluted Valuation
$397.42 M
Market Cap/FDV
100%
Circulating Supply
9 B XEM
Total Supply
9 B XEM
Max Supply
Market Sentiment
Positive
* Data from 3rd parties

NEM (XEM) Price Trends

Time period
Change amount
% Change
1H
$+0.0001712
+0.39%
24H
$-0.004684
-10.67%
7D
$-0.008956
-20.4%
30D
$+0.008591
+19.57%
1Y
$+0.003196
+7.28%

Credibility Indicators

61.16

Reliability Score

Rank #1

# 3900

Percentile

TOP 30%

Team Members

Erik Van Himbergen

Erik Van Himbergen

Jeff McDonald

Jeff McDonald

Ewan

Ewan

Lon Wong

Lon Wong

Investors

Ledger.vc

Ledger.vc

Inception Fund

Inception Fund

Live NEM (XEM) Price Update

NEM price today is $0.04390 with a 24-hour trading volume of $10.78 M, and as such NEM has a market cap of $397.42 M, giving it a market dominance of 0.014%. The NEM price moved -10.67% in the last 24 hours.

NEM reached its highest price on 2018-01-07 when it was trading at its all-time high of $1.87, while its lowest price was recorded on 2015-09-05 when it was trading at its all-time low of $0.00008482. The current lowest price since the last cycle high was $0.00008482, and the highest price since the last cycle low was $1.87. The social sentiment of NEM is currently Positive.

The current circulating supply of NEM is $9 B XEM. In terms of market cap, NEM is currently ranked 222.

About NEM (XEM)

The NEM blockchain project, founded in 2015, is a digital asset management platform that can be created according to demand, including financial technology system, logistics tracking system, first token issuance, notarization, decentralized authentication, etc. Since the system is an open, decentralized and self-supporting NEM public blockchain, not only anyone can use the NEM blockchain completely independently, but also developers can build on the NEM. Xem is the native token of NEM network, which can make instant payment and transfer anywhere in the world. Xem can also be used to pay transfer fees, create tokens, encrypt information or other features.

FAQs

1. What determines the price movement of NEM?

There are two schools of thought in determining the price of NEM.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of NEM, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of NEM from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of NEM on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for NEM as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for NEM and the cryptocurrency market as a whole.

NEM Tokenomics

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Allocations

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No record

Vesting Schedule

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XEM 0

NEM Analysis

Date
Market Cap
Volume
Open
Close
2024-03-19
$413.01 M
135921.99 XEM
$0.04589
N/A
2024-03-18
$440.82 M
491868.77 XEM
$0.04898
$0.04589
2024-03-17
$421.74 M
166310.5 XEM
$0.04686
$0.04898
2024-03-16
$484.65 M
39196.29 XEM
$0.05385
$0.04686
2024-03-15
$543.87 M
29306.76 XEM
$0.06043
$0.05385
2024-03-14
$532.53 M
36850.96 XEM
$0.05917
$0.06043
2024-03-13
$509.9 M
27.85 M XEM
$0.05666
$0.05917
2024-03-12
$515.24 M
71.94 M XEM
$0.05725
$0.05666