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NEM

CryptoCrypto
Symbol: XEM
XEM

Price

Fundamentals

Rank

 
#374

Market Cap

 
$161.49M

Circulating Supply

 
8,999,999,999.00

Frequently asked questions

What is the rank of NEM by market capitalization?

NEM holds the #374 position among cryptocurrencies based on market capitalization. This ranking reflects the relative size and significance of NEM compared to other digital assets in the crypto market.

What is the market capitalization of NEM?

The market capitalization of NEM is $161.49M. Market cap is calculated by multiplying the current price per coin by the number of coins in circulation.

How many NEM are there?

The circulating supply of NEM is 8,999,999,999.00. This figure represents the number of coins that are currently available and actively traded in the market.

Pricing

1D span
$0.0177$0.0189
52W span
$0.0148$0.0626

Information

NEM was a blockchain platform launched in March of 2015. At the time it was one of the pioneers of the industry and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution, however, was the PoI consensus mechanism which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java. Today, NEM remains a highly-traded cryptocurrency. Current development is centered around NEM's merge with another blockchain platform: Symbol.

Identifier

Symbol

XEM

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