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NEM (XEM) price, chart, coin profile and news

Find the latest NEM (XEM) price, coin profile, news and history to get you started with NEM trading and investing.

+ $0.01 ( + 13.89%)

What is NEM?

New Economy Movement (NEM) is a blockchain platform that powers the Smart Asset System. This system is intended to be a customisable blockchain solution that can be used to provide services like payments, messaging, token creation, secure records and more. A global network of nodes running the NEM core software is used to confirm transactions and secure the network, with the network used as an API Gateway server.

NEM uses a proof-of-importance algorithm to achieve consensus. Each node has its own importance score, which is a measure of how much you’ve invested into the NEM system and determines how often you can harvest the network’s utility token, XEM. In this way, active participation in the NEM network is encouraged and incentivised.

NEM (XEM) is the 196th largest cryptocurrency in the world by market cap, valued at $382,600,378. The current price of NEM is $0.0652819635, which is 5.079% higher than yesterday. Prices have ranged between $0.065373993 and $0.0584552718 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of February 29, 2024 01:02 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

NEM (XEM) price

Use our graph to track the performance of (XEM) over time.

How we keep this NEM guide up-to-date

  • XEM price data is regularly updated through data feeds so you always have the latest information.

NEM at a glance

Information last updated February 29, 2024 01:02 UTC.
Coin symbol XEM
Coin Marketcap AUD$382,600,378
Total XEM supply 8,999,999,999
Circulating XEM 8,999,999,999
Current price AUD$0.0652819635
All time high AUD$4.3758
All time high date January 07, 2018
Notable team members Erik Van Himbergen, Jeff McDonald, Leon Yeoh, Lon Wong
Partnerships FIX Network, Pundi X
Industry Blockchain platform
Token uses Transaction fees, digital currency, utility token
Network NEM

NEM price performance over time

Historical prices compared with the price of $0.0652819635.

1 hour -0.14%
24 hours 5.08%
7 days 13.86%
14 days 14.94%
30 days 16.15%
60 days 9.79%
200 days 44.16%
1 year -18.38%

Disclaimer: Cryptocurrencies, including NEM, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of XEM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the NEM or any other cryptocurrency discussed.

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