NEM Price Hits $0.0203 (XEM)

NEM (XEM) traded 6.4% higher against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on February 26th. Over the last week, NEM has traded down 10.9% against the U.S. dollar. NEM has a market capitalization of $182.64 million and approximately $36.97 million worth of NEM was traded on exchanges in the last day. One NEM coin can now be bought for about $0.0203 or 0.00000023 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded 1.5% lower against the dollar and now trades at $0.88 or 0.00001012 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.9% against the dollar and now trades at $87,176.82 or 1.00039463 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.1% against the dollar and now trades at $87,066.05 or 0.99912343 BTC.

About NEM

XEM uses the hashing algorithm. It was first traded on March 28th, 2015. NEM’s total supply is 8,999,999,999 coins. NEM’s official website 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. The official message board for NEM is discord.gg/eedjkbmvvb.

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.”

Buying and Selling NEM

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

XEM/USD price chart by TradingView