NEM (XEM) 1-Day Volume Tops $14.20 Million

NEM (XEM) traded 4.2% higher against the dollar during the 24 hour period ending at 7:00 AM E.T. on December 9th. One NEM coin can currently be purchased for about $0.0335 or 0.00000194 BTC on major exchanges. NEM has a total market cap of $301.10 million and approximately $14.20 million worth of NEM was traded on exchanges in the last 24 hours. In the last week, NEM has traded 1.7% higher against the dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 5% lower against the dollar and now trades at $0.35 or 0.00002013 BTC.
• Aidi Finance (BSC) (AIDI) traded up 1.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 4% higher against the dollar and now trades at $0.0489 or 0.00000283 BTC.
• CareCoin (CARES) traded up 4% against the dollar and now trades at $0.0606 or 0.00000352 BTC.
• OmniaVerse (OMNIA) traded 5.2% lower against the dollar and now trades at $0.0009 or 0.00000005 BTC.
• Terra (LUNA) traded up 1.2% against the dollar and now trades at $1.65 or 0.00009568 BTC.
• 2G Carbon Coin (2GCC) traded up 4.4% against the dollar and now trades at $965.55 or 0.05602010 BTC.
• Kitty Inu (KITTY) traded up 4% against the dollar and now trades at $88.16 or 0.00511486 BTC.
• Lunar (LNR) traded down 3% against the dollar and now trades at $0.0436 or 0.00000253 BTC.
• Hokkaidu Inu (HOKK) traded 22.8% higher against the dollar and now trades at $0.0004 or 0.00000003 BTC.

NEM 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. 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 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.

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 currently 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NEM using one of the exchanges listed above.