What is NEM (XEM)
What is NEM (XEM)
Start learning about what is NEM through guides, tokenomics, trading information, and more.
NEM (XEM) Basic Introduction
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.
NEM (XEM) Profile
NEM (XEM) Tokenomics
Tokenomics describes the economic model of NEM (XEM), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
NEM TokenomicsPro Tip: Understanding XEM's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
NEM (XEM) Price Prediction
Building on tokenomics and past performance, price predictions for XEM aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of XEM? Check it out now!
NEM Price PredictionDisclaimer
The information on this page regarding NEM (XEM) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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