- NEM stands for New Economy Movement. According to the team, NEM aims to "service enterprise blockchain markets and extreme versatility in servicing diverse markets".
- XEM is the native currency of the NEM public blockchain, which was launched in 2018.
- It is used to pay for transactions on the NEM public blockchain. It is used to incentivize the network of public nodes to process and record transactions for participants.
- According to the team, its core characteristics are zero-inflation (the amount of XEM tokens in the ecosystem is fixed), scalability (owing to a high TPS ~ 4,000 TPS), ecosystem support (through the harvesting of XEM tokens), and power-efficiency (with negligible electricity and hardware costs relative to PoW blockchain).
Ranking 55/62 XEM Price $0.2025 Price Change 24h $0.00713 24h Low / 24h High $0.193 / $0.2146 24 Hour Trading Vol $134,062,720.28 Market Cap $1,836,010,381.12 Max Supply 8,999,999,999 Circulating Supply 8,999,999,999 XEM Price History 7d Low / 7d High$0.1366 / $0.2386 30d Low / 30d High$0.1366 / $0.4302 90d Low / 90d High$0.1366 / $0.8652 52 Week Low / 52 Week High$0.04021 / $0.8652 All Time High $2.09 Website https://nem.io/ About XEM Technical Analysis XEM/USDT