Rank #119

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Domain Age : Registered over 9 years ago

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NEM Ratings Score

Last score update : 1 day ago

NEM Price live today

NEM (XEM) is currently trading at 0.03927418 USD and with a circulating supply of 8,999,999,999 XEM.
Its market capitalization is 354,057,606 USD.
XEM price has moved 2% in the last 24 hours, with 13,003,622 USD worth of XEM traded on various exchanges.
NEM currently ranks #119 in cryptocurrency rankings based on market capitalization.

About NEM (XEM)

NEM was a blockchain platform launched in March of 2015. At the time it was one of the pioneers of the industry and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution, however, was the PoI consensus mechanism which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java. Today, NEM remains a highly-traded cryptocurrency. Current development is centered around NEM's merge with another blockchain platform: Symbol.