NEM

XEM
Price
$0.163380
24 Hour % Change
2.88%
Market Cap
$1.47B
Volume (24h)
$99.23M
Linear
Log
to
1h12h1d1w1m3m1yall
Key metrics
24 Hour Low
$0.156476
24 Hour High
$0.167839
Net change
$0.004573
24 Hour Open
$0.159044
All time high
$1.87
Total Supply
9.00B
Returns (24H)
2.88%
Returns (YTD)
-19.66%
Volatility (30d)
1.15
Transaction Count (24h)
1,154
Average Transaction Fee (24h)
$0.044318
Value Transacted (24h)
$6.60M

About NEM

Category
Software Platform
Value proposition
Global computer

NEM stands for New Economy Movement and powers the Smart Asset System. It’s written in Java and was launched in 2015 – the platform’s currency is called XEM. XEM are harvested through Pol – once you own 10,000 XEM and deposit them in the official NEM Nano wallet they begin ‘harvesting’ and therefore grow in number through interest. Smart Assets allow unique data to be created representing any asset meaning that these assets can be traded using XEM. Multiple ledgers can also exist on one blockchain. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.


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Foundations - Consensus: Distributed