NEM 1-Day Trading Volume Hits $2.57 Million (XEM)

NEM (XEM) traded up 0.1% against the US dollar during the 24-hour period ending at 7:00 AM E.T. on September 19th. NEM has a total market capitalization of $232.90 million and approximately $2.57 million worth of NEM was traded on exchanges in the last day. One NEM coin can now be bought for $0.0259 or 0.00000095 BTC on major cryptocurrency exchanges. Over the last week, NEM has traded 6.7% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 6.3% against the dollar and now trades at $0.28 or 0.00001027 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 0.6% against the dollar and now trades at $0.0010 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 0.8% lower against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0086 or 0.00000032 BTC.
• Belrium (BEL) traded 0.9% higher against the dollar and now trades at $2.60 or 0.00009601 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.

NEM Profile

XEM uses the hashing algorithm. Its launch date was March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. The official website for NEM is nem.io. 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. The official message board for NEM is discord.gg/eedjkbmvvb.

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.”

Buying and Selling NEM

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

XEM/USD price chart by TradingView