NEM (XEM) Price Reaches $0.0384

NEM (XEM) traded 0.7% higher against the US dollar during the 1-day period ending at 17:00 PM ET on January 25th. One NEM coin can now be bought for approximately $0.0384 or 0.00000164 BTC on popular exchanges. Over the last week, NEM has traded up 12.7% against the US dollar. NEM has a total market capitalization of $345.71 million and approximately $22.11 million worth of NEM was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded up 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.5% against the dollar and now trades at $0.0613 or 0.00000260 BTC.
  • CareCoin (CARES) traded up 3.5% against the dollar and now trades at $0.0761 or 0.00000323 BTC.
  • OmniaVerse (OMNIA) traded up 11.5% against the dollar and now trades at $0.0022 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 3.5% higher against the dollar and now trades at $94.16 or 0.00399440 BTC.
  • Lunar (LNR) traded down 3.9% against the dollar and now trades at $0.0280 or 0.00000119 BTC.
  • Hokkaidu Inu (HOKK) traded 4.3% higher against the dollar and now trades at $0.0006 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.5% against the dollar and now trades at $6,609.34 or 0.28037725 BTC.
  • 2G Carbon Coin (2GCC) traded 0.1% lower against the dollar and now trades at $135.45 or 0.00574597 BTC.
  • Lego Coin (LEGO) traded 2% lower against the dollar and now trades at $0.0406 or 0.00000173 BTC.

NEM Profile

NEM uses the hashing algorithm. It launched on March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. NEM’s official message board is discord.gg/eedjkbmvvb. The official website for NEM is nem.io. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here.

According to CryptoCompare, “NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.Proof-of-importance (PoI) is a consensus mechanism developed by NEM that is used to determine which network participants (nodes) are eligible to add a block to the blockchain, a process NEM calls ‘harvesting’.LinkedIn”

Buying and Selling NEM

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

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