Latest NEM (XEM) News Update

Deep Dive

1. @Binance: Delisting fallout triggers 30% plunge bearish

“XEM trading pairs removed June 17, 2024 – withdrawals open until Sept 17.” Binance cited weak liquidity and development activity, mirroring Dex-Trade’s June 2024 delisting.
– @Binance (9.2M followers · 12M impressions · 2024-06-03 10:43 UTC)
View original post
What this means: Bearish for XEM because losing top exchange support erodes accessibility and investor confidence, compounding its -92.9% annual price decline.

2. @Cointelegraph: XEM labeled “ghost chain” bearish

“Binance delisted XEM due to low trading volume, weak liquidity – classic ghost chain symptoms.” On-chain data shows <1,000 daily transactions (vs. Ethereum’s 1M+).
– @Cointelegraph (4.8M followers · 8.5M impressions · 2025-08-11 10:15 UTC)
View original post
What this means: Bearish as the label deters new investors and developers, worsening XEM’s -55.7% 90-day price slump.

3. @CoinMarketCap: Gambling niche buoys XEM utility mixed

“Top crypto casinos accept XEM via swaps – BC.Game offers 360% deposit bonuses.” NEM’s Proof-of-Importance (PoI) consensus enables fast, low-fee transactions ideal for betting.
– @CoinMarketCap (2.1M followers · 3.4M impressions · 2025-06-18 12:00 UTC)
View original post
What this means: Neutral-to-bullish for XEM if gambling adoption grows, but reliance on third-party swaps limits direct demand.

Conclusion

The consensus on XEM is bearish, weighed down by exchange exits and inactivity concerns, though its gambling corridor offers speculative utility. Watch the 30-day transaction count – sustained sub-1,000 levels could validate the ghost chain narrative, while a surge might signal niche revival.

Deep Dive

1. EXMO Delists XEM (20 July 2025)

Overview:
EXMO delisted XEM alongside six other cryptocurrencies, citing low liquidity and trading volume. Trading pairs like XEM/USD and XEM/BTC were discontinued, with withdrawals allowed until 20 July 2025. This follows similar moves by Binance and Dex-Trade in 2024.

What this means:
Delistings erode accessibility and liquidity, often reflecting dwindling market demand or exchange skepticism about a project’s viability. For XEM, repeated removals since 2024 suggest persistent ecosystem challenges. (EXMO)

2. Ghost Chain Warnings (11 August 2025)

Overview:
Analysts flagged XEM as a potential “ghost chain” due to stagnant development, low transaction volume, and Binance’s 2024 delisting. Projects like NEM risk irrelevance without sustained innovation or community engagement.

What this means:
The label amplifies investor caution, potentially accelerating capital flight. However, revivals are possible—monitoring GitHub activity and partnerships is key to gauging recovery potential. (CoinMarketCap)

3. Coincheck Hack Revisited (6 November 2025)

Overview:
The 2018 Coincheck hack, which lost $530 million in XEM due to weak wallet security, was revisited in crypto security guides. The incident spurred Japan’s regulatory overhaul but remains a stain on NEM’s history.

What this means:
While not new, the hack’s repeated mention underscores enduring reputational risks. It highlights the need for robust security narratives to rebuild trust. (CoinMarketCap)

Conclusion

NEM’s trajectory is clouded by exchange exits and inactivity concerns, though its historical role in shaping crypto security norms offers a nuanced legacy. Can renewed development or partnerships counteract its “ghost chain” stigma, or will delistings further marginalize XEM?

Deep Dive

1. No Public Roadmap Updates (Since 2019)

Overview: The most recent roadmap discussions date to 2019, when the NEM Foundation emphasized Catapult (a C++ rewrite of its blockchain) and partnerships under NDAs. No verifiable updates have surfaced since, and key projects like a dedicated XEM exchange or Japanese retail integration remain unfulfilled.

What this means: Neutral for XEM. The absence of a clear, updated roadmap suggests stalled innovation, limiting investor confidence. Without milestones, adoption and price catalysts are unlikely.

2. Delistings Signal Waning Relevance

Overview: Binance delisted XEM in June 2024, followed by Dex-Trade and EXMO, citing low liquidity and compliance issues (Binance). Turnover (volume/market cap) for XEM is 0.172, indicating thin markets.

What this means: Bearish for XEM. Exchange exits reduce accessibility, liquidity, and visibility—critical for altcoin survival. This aligns with XEM’s -93.37% annual price decline.

3. Ghost Chain Risks

Overview: NEM is increasingly labeled a “ghost chain” due to stagnant development and minimal on-chain activity. Recent articles highlight its lack of DApps, GitHub commits, and community engagement (CoinMarketCap).

What this means: Bearish for XEM. Ghost chains rarely recover, as developers and users migrate to active ecosystems. XEM’s $9.8M market cap (-58% in 90 days) reflects this erosion.

Conclusion

NEM’s roadmap has been inactive since 2019, with ecosystem decay now outweighing speculative potential. Delistings and ghost chain warnings suggest XEM risks obsolescence unless development reignites. Could renewed community efforts or partnerships reverse this trajectory, or is NEM’s decline irreversible?

Deep Dive

1. Delistings Highlight Stagnation (2024–2025)

Overview: Binance and Dex-Trade delisted XEM in 2024, citing weak development activity and liquidity. These decisions reflect broader concerns about NEM’s technical progress.

Exchanges like Binance require ongoing development to maintain listings, including codebase updates, network stability, and team responsiveness. NEM’s delistings suggest failure to meet these criteria. For example, Binance explicitly cited “limited development activity” as a key factor in its June 2024 delisting announcement.

What this means: This is bearish for XEM because exchange support is critical for liquidity and accessibility. Stagnant development erodes investor confidence and reduces utility. (Source)

2. Ghost Chain Status (August 2025)

Overview: NEM was cited as a “ghost chain” in August 2025 due to minimal developer commits and low on-chain activity.

Analysts identify ghost chains by stagnant GitHub repositories, sparse transactions, and inactive communities. NEM’s codebase showed no significant updates in 2024–2025, with its Proof-of-Importance (PoI) consensus mechanism last revised in 2023. The absence of recent optimizations or security patches signals developer disengagement.

What this means: This is neutral-to-bearish for XEM because while the network remains operational, the lack of innovation risks obsolescence. Investors may shift to projects with active development. (Source)

Conclusion

NEM’s codebase shows no meaningful updates since 2023, with delistings and “ghost chain” labels underscoring its decline. While the network remains technically functional, stagnant development poses long-term viability risks. How might renewed developer engagement or partnerships alter this trajectory?