Bitcoin Halving

NEM

XEM
Price
$0.234638
24 Hour % Change
-2.05%
Market Cap
$2.11B
Volume (24h)
$168.36M
Linear
Log
to
1h12h1d1w1m3m1y
Key metrics
24 Hour Low
$0.220974
24 Hour High
$0.257319
Net change
$-0.004866
24 Hour Open
$0.237367
All time high
$1.87
Total Supply
9.00B
Returns (24H)
-2.05%
Returns (YTD)
1.67%
Volatility (30d)
1.35
Transaction Count (24h)
2,504
Average Transaction Fee (24h)
$0.134741
Value Transacted (24h)
$15.62M

About NEM

Category
Software Platform
Value proposition
Global computer

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.

Blockchain 101
Disclaimer

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Foundations - Consensus: Distributed