NEM Price Hits $0.0327 on Exchanges (XEM)

NEM (XEM) traded down 6% against the dollar during the twenty-four hour period ending at 22:00 PM E.T. on November 24th. NEM has a total market cap of $294.33 million and $12.69 million worth of NEM was traded on exchanges in the last 24 hours. Over the last week, NEM has traded up 2.2% against the dollar. One NEM coin can now be bought for about $0.0327 or 0.00000198 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded 12.4% lower against the dollar and now trades at $0.37 or 0.00002242 BTC.
  • Aidi Finance (BSC) (AIDI) traded 7.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 0.6% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • Terra (LUNA) traded 4.3% lower against the dollar and now trades at $1.52 or 0.00009223 BTC.
  • 2G Carbon Coin (2GCC) traded up 3% against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded up 3.1% against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.

NEM Coin Profile

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

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