XEM

NEM price 
XEM

$0.01395  

1.89% (1d)

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NEM statistics
Market cap
 

1.89%

$125,510,653
#301
Volume (24h)
 

67.51%

$6,651,215
#397
Volume/Market cap (24h)
 
5.30%
Circulating supply
 
8,999,999,999 XEM
100.00%
Total supply
 
8,999,999,999 XEM
Max. supply
 
8,999,999,999 XEM
Fully diluted market cap
 
$125,510,653
XEM to USD converter
XEM
USD
Price performance
24h 
Low
$0.01337
High
$0.01425
All-time high
Jan 04, 2018 (7 years ago)
$2.09
-99.33%
All-time low
Sep 15, 2015 (9 years ago)
$0.0000793
+17485.96%
See historical data
Popularity
In watchlists176,452x
323rd / 10.0K
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NEM news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About NEM

What is NEM?

NEM is a blockchain platform that was launched in March of 2015. It was one of the pioneers of the cryptocurrency 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 to the space is the proof-of-importance 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.

NEM has a global community. It sees the most utility as an alternative form of payment for businesses and vendors, and has a variety of social media apps built on top of it in Japan, such as nemgraph, a community-driven owned and operated alternative to Instagram.

In December 2021, NEM was hard forked by a pseudonymous team of cryptocurrency experts and enthusiasts alike. Titled Harlock, this hard fork signaled the community’s intent to take NEM from a shadow of its former self into the world’s leading payments platform for on-chain and off-chain media content.