Wat Is Nem Cryptocurrency

Wat is nem cryptocurrency

About NEM

NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015.

NEM Cryptocurrency Explained (2018)

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.

Wat is nem cryptocurrency

NEM also has an encrypted P2P messaging system, multisignature accounts, and an Eigentrust++ reputation system.

NEM Statistics

Market Cap

$320,678,899 USD

24 Hour Volume

$26,502,922 USD

Circulating Supply

8,999,999,999 XEM

Total Supply

8,999,999,999 XEM

All Time High

All Time Low

$0.000079 USD

(Sep 15, 2015)

52 Week High / Low

$0.114172 USD /

$0.029599 USD

90 Day High / Low

$0.044720 USD /

$0.029599 USD

30 Day High / Low

$0.037932 USD /

$0.029599 USD

7 Day High / Low

$0.037932 USD /

$0.031725 USD

24 Hour High / Low

$0.037932 USD /

$0.033840 USD

Yesterday's High / Low

$0.037932 USD /

$0.033840 USD

Yesterday's Open / Close

$0.036058 USD /

$0.037188 USD

Yesterday's Change

$0.001131 USD (3.14%)

Yesterday's Volume

$30,115,105 USD