Everything You Need To Know About NEMWhat is NEM?
The first cryptocurrency after Bitcoin to have built its code from scratch, NEM is unique for many reasons. Its stability, versatile use cases and consensus system are just a few of the things that make NEM different.
NEM, short for New Economic Movement, started out to build a smarter, more technologically advanced blockchain. It is a cryptocurrency which provides an improved platform and streamlined method to maintain a secure ledger for transactions. Getting rid of mining and the necessity for powerful systems and expensive hardware, NEM made cryptocurrency transactions much simpler and more efficient. It also drastically reduced the energy requirement for transactions as well as the time required for a transaction. More on
CoinSwitch.
Value of NEM (XEM) TodayAt the time of writing, NEM (XEM) is worth $ 0.099859 after it dropped 0.34% from $ 2.09, its all-time high recorded on January 20th this year. Its market capitalization is US$788,468,189 million today according to
CoinMarketCap.
What do you think is the future NEM's price? Let us know your feedback or reply below.