NEM (XEM) Tops 24-Hour Trading Volume of $3.09 Million

NEM (XEM) traded 1.3% lower against the U.S. dollar during the 1-day period ending at 10:00 AM ET on October 28th. Over the last week, NEM has traded 9.1% lower against the U.S. dollar. NEM has a market cap of $144.61 million and approximately $3.09 million worth of NEM was traded on exchanges in the last day. One NEM coin can now be bought for approximately $0.0161 or 0.00000023 BTC on exchanges.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.1% against the dollar and now trades at $68,786.35 or 0.99857253 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% higher against the dollar and now trades at $68,696.53 or 0.99726870 BTC.

NEM Coin Profile

NEM 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. The official message board for NEM is discord.gg/eedjkbmvvb. NEM’s official Twitter account is @nemofficial and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as NEM directly using U.S. dollars. Investors seeking to trade NEM should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NEM using one of the exchanges listed above.

XEM/USD price chart by TradingView