NEM Price Prediction

Today's Forecasts

NEM(XEM) opened trading today at ^$0.15. It achieved a Market high of ^$0.17 and a subsequent Market low of ^$0.14, Representing a change of ^$0.01 and price percentage change of 7.69% . Its current Price is ^$0.16 representing a market share of 0.31% only.

A total volumn of ^$42,628,828 worth of NEM traded hands today, achieving a Maximum Market Cap of ^$1,453,624,192 for the day.

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The Bull Case 🐃 for NEM
Many people are looking to invest in digital assets (including NEM) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for NEM as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.

With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, NEM has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.

NEM is currently trading around ^$0.16.

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Price Predictions for Today, This Week and This Month 🚀

Critical Fundamental Analysis of NEM

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.

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XEM Trading Stats for Today - 2020-09-03 06:15:06 +01:00 BST

Market share	0.31%
24h Open	$0.15
24h Low	$0.14
24h High	$0.17
Current Supply	8,999,999,488 XEM
Total Supply	2,147,483,648 XEM
Market cap	$1,453,624,192
24h Volume (coin)	263,933,024 XEM
24h Volume (currency)	$42,628,828
Last updated	2020-09-03 06:15:06 +01:00 BST

Other Price Forecasts similar to NEM(XEM) :

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Common XEM Price Prediction Questions

What is NEM’s potential future value?

XEM's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what NEM is and what it does. This is because NEM's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can XEM make you one?

What is going on with NEM's price?

In order not to be too rattled, read our Fundamental analysis above on NEM to know if it’s a good hodl.

How high will NEM go?

No one really knows for sure. We however predict XEM might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!

Why is NEM(XEM) rising today?

On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of NEM to see its expected value. You can also visit NEM's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The NEM website page will quickly provide you with that value.

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Why is NEM's price going down?

It’s difficult to tell right now as the daily XEM candle hasn’t closed. However a quick way to know the reason for any sudden disruption in NEM's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for NEM, Simple click the Social Button on this page, located immediately below the Price Charts.

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XEM Live Prices Data

ID	Market	Type	Price	Quantity	Total

NEM Daily Price History

Date	Price	Volume