NEM (XEM) Price Down 38.3% Over Last Week

NEM (XEM) traded 7.4% lower against the dollar during the 1 day period ending at 15:00 PM E.T. on June 4th. One NEM coin can now be bought for approximately $0.0233 or 0.00000033 BTC on major cryptocurrency exchanges. NEM has a total market capitalization of $209.94 million and $47.39 million worth of NEM was traded on exchanges in the last 24 hours. During the last seven days, NEM has traded 38.3% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded down 2.7% against the dollar and now trades at $0.26 or 0.00000364 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.2% higher against the dollar and now trades at $0.0101 or 0.00000014 BTC.

About NEM

XEM uses the hashing algorithm. Its genesis date was March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. The official website for NEM is nem.io. The official message board for NEM is discord.gg/eedjkbmvvb. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here.

According to CryptoCompare, “NEM is a blockchain platform that was launched in 2015 and aimed to improve on the imperfections of other chains at the time. It was one of the first non-turing complete chains to offer user-defined tokens, namespaces, multisignature accounts, and a P2P reputation system. It introduced the proof-of-importance consensus mechanism to reward on-chain activity and deter wealth concentration. NEM’s client, NIS, is written in Java. In 2021, NEM was hard forked by a team aiming to turn it into the world’s leading payments platform for on-chain and off-chain media content.”

NEM Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to acquire NEM should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NEM using one of the exchanges listed above.

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