NEM
XEM#1228| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +1.93% | -4.33% | -1.65% | -19.83% | -81.91% |
About NEM
NEM Price History
NEM (XEM) reached its all-time high of $1.87 on January 6, 2018, and trades 100.0% below that peak today. Its all-time low was $0.000085 on September 4, 2015, and the price has since risen 456% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.001197 | $0.001398 | $0.000412 | $0.000471 | -60.64% |
| 2025 | $0.002714 | $0.002751 | $0.001011 | $0.001225 | -54.86% |
Analysis
No analysis available for NEM yet.
NEM News
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NEM FAQ
What is NEM (XEM)?
NEM (XEM) is a cryptocurrency and blockchain platform launched in 2015. It is designed for enterprise use, enabling asset management, payments, and data security. NEM's native token, XEM, powers transactions and network operations. The project focuses on providing a reliable and scalable infrastructure for businesses and developers.
How does NEM's technology work?
NEM uses a unique Proof-of-Importance (PoI) consensus algorithm, which rewards users based on their transaction activity and account balance, rather than raw computing power. It also features the Smart Asset system, allowing businesses to create custom tokens, assets, and workflows on its blockchain. This design aims to be more energy-efficient and accessible than proof-of-work systems.
What is the XEM token used for?
XEM is NEM's native cryptocurrency. It is used to pay transaction fees on the NEM network, to participate in harvesting (NEM's version of staking), and to interact with Smart Assets. XEM also serves as a unit of account and transferable value within the NEM ecosystem, enabling businesses and individuals to transact on the platform.
How does NEM differ from other blockchains?
Unlike Bitcoin's proof-of-work or Ethereum's proof-of-stake, NEM employs Proof-of-Importance, which considers a user's reputation and activity. Its Smart Asset system allows for customizable business logic without writing smart contracts. NEM was also built from scratch in Java, aiming for enterprise-grade reliability and ease of integration, distinguishing it from many early cryptocurrencies.
What is the current price of NEM?
NEM is currently priced at $0.0004713, down 4.33% in the last 24 hours. It is ranked #1228 by market capitalization. Over the past 7 days, XEM is down 1.65%.
What is NEM's market cap?
NEM has a market capitalization of $4.24M. The 24-hour trading volume is $350,177.33, reflecting the total value of XEM traded across all exchanges in the last day.
How many NEM coins are in circulation?
There are currently 9.00B XEM in circulation. NEM has a maximum supply of 9.00B XEM, meaning no more than this amount will ever exist.
