NEM Tops One Day Volume of $45.92 Million (XEM)

NEM (XEM) traded 6% higher against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on July 28th. NEM has a total market cap of $166.37 million and approximately $45.92 million worth of NEM was traded on exchanges in the last day. One NEM coin can now be bought for about $0.0185 or 0.00000027 BTC on popular exchanges. Over the last week, NEM has traded up 14.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 0% lower against the dollar and now trades at $0.18 or 0.00000271 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% higher against the dollar and now trades at $0.0134 or 0.00000020 BTC.

NEM Coin Profile

NEM (CRYPTO: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. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here. The official message board for NEM is discord.gg/eedjkbmvvb. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here.

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.”

NEM Coin Trading

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

XEM/USD price chart by TradingView