coinXEM #196

NEM

0.05258134864USD+0.75%+0.75%As of: Mar 28, 23:09 UTC

Key Statistics

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NEM Converter

XEM
=
USD

About NEM

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.
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Price Performance

1D
0.75%
7D
9.15%
30D
32.35%
YTD
N/A
N/A
1Y
37.72%
Key Statistics
24H Range
Low$0.05180724822High$0.05336140259
24h Volume
6.1M
Market Cap
472.1M
Circulating Supply
9B
Total Supply
9B
Rank
196
Market Cap Dominance
0.02%
Max Supply
N/A
Fully diluted market cap
6.7K
Hashing Algorithm
Proof of Importance
Block Time in Minutes
1
Volume/Market Cap
0.01
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