NEM Price today
NEM, also known as XEM, has a price today of 0,27$ and a market capitalization of 2.408.399.872$, which is 0,66% of the total. NEM has a total of 8.999.999.488 coins in circulation.
In the last 24 hours, the price of NEM has decreased -0,0099$, which is -3,57% of its valuation.
What is NEM?
A Smart Asset cryptocurrency has shaken the world right after being live on the market. NEM is the first cryptocurrency to allow this wonderful system. It was created to expand the business adding more seamless security to every transaction.
NEM focuses on providing this added security for businesses with a tracking system that would help the user to track their transaction all the way.
This system makes the NEM network somewhat immune to third-party interference. Also, the API is adaptable to most of the programming languages. So, NEM can be used in any type of application.
It was first live on the market in 2015 and programmed from scratch. Other currencies copied the existing code of Bitcoin and then improvised from that. But NEM didn't walk on the same path.
NEM allows the use of customized blockchain for handling any kind of data assets. Some of their uses contain stock records, voting, product logs, crowdfunding, payments, reward points etc. Many industries have already started to integrate this system with theirs.
According to investors, NEM will be the dawn of new era for every industry through their secured means.
- The transaction fee is extremely low. It’s only 0.01% of the whole sum.
- It’s really fast. Takes about 6 seconds to initiate and 20 seconds for the whole transaction.
- The system supports multiple transactions at a time up to hundred transactions.
- It uses POI to give NEM coins to the users.
- The mining process takes up only a minimal amount of power, unlike other cryptocurrencies.
NCC or NEM Community Client is connected to the two infrastructures and provides the wallet for the user.Visit website open_in_new
|Price in BTC||0.00003479 BTC|
|Current Supply||8.999.999.488 XEM|
|Total Supply||2.147.483.648 XEM|
|24h Volume (coin)||2.054.871 XEM|
|24h Volume (currency)||$556.118|
|Last updated||2018-05-24 06:45:13 +01:00 BST|
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