NEM XEM Price, Charts, Market Cap & Metrics Info - LiveCointrackers

NEM XEM Price, Charts, Market Cap & Metrics Info - LiveCointrackers

NEM (XEM) CryptoRank 26

XEM Values XEM

NEM (XEM) valuesUSD Price


NEM (XEM) 24h Vol
37.78 M

NEM (XEM) Market Cap
350.38 M

NEM (XEM) Circulating

24h Vol
4,541 BTC
1 Hr
0.15 %
24 Hr
-1.26 %
7 Day
-2.55 %
Today NEM (XEM) price in US dollars is currently $0.039 USD, and if converted to Bitcoin is 0.0000047 BTC. NEM (XEM) prices are currently changing by -1.26 % , with total coins in circulation totaling 42,114 coins . Over the past 24 hours, 37.78 M US dollars NEM (XEM) has been traded on Crypto Exchanges with 91 total market cap pairs. Get NEM (XEM) progress by adding it to your favorites and creating a free portfolio if you wish.
Full Name
Start Date
Proof Type
NEM (XEM) Block NumberBlock Number
NEM (XEM) Block TimeBlock Time
NEM (XEM) Block RewardBlock Reward
Total Mined
8,999,999,999 XEM
Max Supply
NEM (XEM) Net Hashes Net Hashes
XEM Charts

NEM (XEM) Price Charts

Start Trading on Coinbase
Coinbase (Get $10 for free)
Start trading on Coinbase and get $10 USD (or 10 USD equivalent of your domestic currency) for free within 180 days of opening your account if you buys or sells at least $100 of digital currency.

NEM (XEM) Description

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.


NEM (XEM) Technology

Consensus Mechanism: Proof-of-Importance
Genesis Date: March 31st, 2015
Block Time: 1 minute
Available/Total Supply: 8,999,999,999 XEM
Block Reward: N/A (transaction fees only + node rewards)

XEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users there. This means that XEM has real fundamental value as the currency of a functioning economy.

Harvesting is closely similar to mining in other cryptocurrencies, but it uses unique methods called Proof of Importance and Delegated Harvesting to determine who harvests the next block. Harvesting is necessary to keep the network online and to confirm transactions.

Supernode Program
Supernodes are high performance blockchain nodes which form the backbone of the NEM blockchain network. Accounts with 3,000,000 or more XEM can operate a supernode, either from a local computer or from a cloud-hosted server. Supernodes are required to be up and running 24 hours per day, processing all transactions.

Catapult is a full-featured blockchain engine that can power both private and public networks with its unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.
In its next phase, Catapult will become the core NEM engine. Public chain Catapult has been in testing for three years to thoroughly troubleshoot bugs and implement features. Its expected release is in 2019.

POI is the consensus algorithm used in NEM to determine who will calculate the next block. An account's importance is determined by how many coins it contains and the number of transactions made to and from that account. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In some proof-of-stake systems a person only needs to have large amounts of coins to form a block; however, in NEM the transaction amount as well as support of the network become a factor. This has been designed to encourage users of NEM to not simply hold NEM but instead actively carry out transactions within the NEM ecosystem.

You can read more about NEM’s tech in the Technical Reference.




NEM (XEM) Features

- NEM is built 100% from scratch (not a fork of any existing project)
- NEM is built with test-driven development.
- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorithm.
- NEM is the first crypto with delegated harvesting.
- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly.
- NEM has customizable assets called Mosaics. Editable supply, levies, description, transferability and more.
- NEM has Namespaces to help maintain reputation of Mosaics.
- NEM one minute average block times.
- NEM has advanced blockchain features: multilevel multisig (Multisig 2.0), aggregate transactionsaccount propertiescross-chain swap.
- NEM is the first with localized spam protection.
- NEM is the first with Eigentrust++ peer reputation management.
- NEM is the first editable m-of-n multisig with blockchain based alerts.
- NEM is the first every P2P network with nodes time syncing in a decentralized manner.
- NEM offers encrypted, unencrypted and hex messaging.
- NEM is easy to install with a one-click installer.
- NEM zero monetary inflation (fixed supply, all 9 billion coins released at launch).
- NEM relatively large egalitarian distribution.
- NEM will offer mobile wallets for both iOS and Android.


NEM (XEM) Analysis

Quick Stats
NEM Rank 26
NEM Price $0.039
NEM Price (BTC) ฿ 0.0000047
24h Vol$ 37,778,968
Market Cap$ 350,381,333
0.15 %
24h -1.26 %
-2.55 %
Coin Details
Start Date -
Total Mined 8,999,999,999
Previous Mined -
Net Hashes 0
Algorithm -
Proof Type PoI
White Paper -
Top Coins
1. BTC $8,319.91 -1.26 %
2. ETH $183.84 -0.27 %
3. XRP $0.29 3.79 %
4. USDT $1.00 -0.23 %
5. BCH $226.17 -0.72 %
Top Gainers
230. SHND $0.0000040 4545.77 %
1908. OCL $0.00018 744.85 %
1971. LGS $0.0015 665.41 %
1773. JC $0.0000010 610.64 %
1415. NRP $0.000013 599.44 %
Top Losers
2296. HRC $0.00025 -93.27 %
1572. CYFM $0.0000010 -92.93 %
1538. SHMN $0.048 -90.03 %
1492. IOP $0.0069 -85.63 %
1364. HPC $0.0072 -83.85 %
NEM News
France Exempts Crypto-to-Crypto Trades From Taxes

France Exempts Crypto-to-Crypto Trades From Taxes
France has significantly simplified the taxation of cryptocurrencies in the coun...

Dow Crawls Higher After Trump Awards China 400 Tariff Exemptions –

Dow Crawls Higher After Trump Awards China 400 Tariff Exemptions –
The Dow enjoyed a small recovery after Trump exempted 437 Chinese products from...

Luxembourg’s regulators warn users about BitPay’s clone

Luxembourg’s regulators warn users about BitPay’s clone
Luxembourg is emerging as the hub for the growth of cryptocurrencies in the Euro...

Get Crypto Newsletter
Read the Disclaimer: All content provided here on our website, hyperlinked sites, related applications, forums, blogs, social media accounts and other platforms ("Site") is only for your general information, which is obtained from third party sources. We make no guarantees of any kind regarding our content, including but not limited to accuracy and renewal. There is no part of the content that we provide which is financial advice, legal advice or other forms of advice intended for your particular trust in any purpose. Any use or trust in our content is solely at your own risk and wisdom. You must do your own research, review, analyze and verify our content before relying on it. Trading is a very risky activity that can cause big losses, so consult your financial advisor before making a decision.