NEM
XEMPrice
$0.215984
24 Hour % Change
-0.25%
Market Cap
$1.94B
Volume (24h)
$72.10M
USD
Key metrics
24 Hour Low
$0.208787
24 Hour High
$0.222575
Net change
$-0.000552
24 Hour Open
$0.216592
All time high
$1.87
Total Supply
9.00B
Returns (24H)
-0.25%
Returns (YTD)
-3.34%
Volatility (30d)
1.33
Transaction Count (24h)
3,021
Average Transaction Fee (24h)
$0.083685
Value Transacted (24h)
$15.48M
About NEM
Category
Value proposition
NEM stands for New Economy Movement and powers the Smart Asset System. It’s written in Java and was launched in 2015 – the platform’s currency is called XEM. XEM are harvested through Pol – once you own 10,000 XEM and deposit them in the official NEM Nano wallet they begin ‘harvesting’ and therefore grow in number through interest. Smart Assets allow unique data to be created representing any asset meaning that these assets can be traded using XEM. Multiple ledgers can also exist on one blockchain.
Disclaimer
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Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
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