NEM (XEM) Live Price Chart & History

Live XEM / USD Price Chart

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5

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Price USD 7.0%
$1.137700
Price BTC
0.00008960
Volatility (7d)
2.10 %
Volatility (30d)
2.73 %
Market Cap USD
$10,239.3M
Market Share
Since launching at $0.000400457 on 01/04/2015 NEM has achieved a price of $1.1377, falling -24.71% in the last week alone.

NEM Price Analysis: Predictions and Forecasts

Why buy NEM? What is it used for?

A blockchain notarization and timestamping service with transferable, updatable, branded, and conjointly owned notarizations.. ​Many timestamping services exist in one form or another in the blockchain sphere, but most of these are simple first generation systems for hashing a document to get its fingerprint and then timestamping that fingerprint in the blockchain with a transaction. These are one-off fixed transactions that have their reason to be culminating in being included in a block so that later they may be audited. These 1.0 timestamps are not updatable, cannot be transferred from one owner to another, and cannot have additional value and assets attached to the timestamp. Apostille, as the first 2.0 blockchain notarization service, solves these problems and offers a new set of features and business opportunities.The Apostille system’s key innovation is taking data which represents an underlying person, place, or thing and giving that data its own private key derived deterministically from its contents. This is used to create an account that represents the state of that object. These are dynamic accounts that can be used to prove authenticity, show ownership, and record updates, as well as be branded, transferable and conjointly owned.
NEM was launched in 01/04/2015. It uses the Proof of Importance method of consensus, and is based on the N/A algorithm. NEM's goals include Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, free to hold. NEM aims to set itself apart from other cryptocurrencies due to NEM doesn't have a concept of a “smart contract”. They expect applications to hold the functions necessary to manage the token logic, and only have the ledger managed by NEM.

Trading NEM : The Best Platforms to trade XEM

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Our Guide To Trading NEM (XEM)

NEM Trading Guide: How To Trade XEM


NEM is one of the growing cryptocurrencies that is using the peer-to-peer based blockchain technology. The platform was launched in March of 2015 and has since grown to one of the most popular cryptocurrencies in the world with a market cap of more than 1.8 billion dollars. Why NEM Vs. Bitcoin? As of now, there are currently...


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Will the price NEM fall continue to rise?

It's impossible to predict for sure if NEM is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days NEM has fallen by -24.71%
  • In the past month it has gained 12.726424067355%
  • In total it has appreciated by $1.137299543 since its inception, a change of 284,100.42%

Can NEM reach, replace, pass or overtake bitcoin?

At present NEM is trading at 0.00008960 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 1,116,071.4%. If we assume NEM continued to as it has in the last month - with a price change of 12.73% it would take 6.5994003777828 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of XEM is going to take off and increase in price to a higher level we've done the math for you.
In order for NEM to reach $5.00 it needs to increase in price by a factor of 4.39x. Given its present growth rate of 12.73% per month, it could take just 6.8 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%99.9%
1 month2.9%97%
3 months13.7%86.2%
6 months21.9%78%
1 year29.3%70.6%
2 years35%64.9%
3 years37.6%62.3%
4 years39.3%60.6%
5 years40.4%59.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $10.00 it needs to increase in price by a factor of 8.79x. Given its present growth rate of 12.73% per month, it could take just 10.0 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0.2%99.7%
3 months5.4%94.5%
6 months12.8%87.1%
1 year21.2%78.7%
2 years28.6%71.3%
3 years32.2%67.7%
4 years34.5%65.4%
5 years36%63.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $15.00 it needs to increase in price by a factor of 13.18x. Given its present growth rate of 12.73% per month, it could take just 11.9 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%99.9%
3 months2.8%97.1%
6 months8.9%91%
1 year17.2%82.7%
2 years25.1%74.8%
3 years29.2%70.7%
4 years31.8%68.1%
5 years33.6%66.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $25.00 it needs to increase in price by a factor of 21.97x. Given its present growth rate of 12.73% per month, it could take just 1.2 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%99.9%
3 months1.1%98.8%
6 months5.3%94.6%
1 year12.8%87.1%
2 years21.1%78.8%
3 years25.6%74.3%
4 years28.5%71.4%
5 years30.6%69.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $50.00 it needs to increase in price by a factor of 43.95x. Given its present growth rate of 12.73% per month, it could take just 1.5 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
3 months0.2%99.7%
6 months2.4%97.5%
1 year8.2%91.7%
2 years16.3%83.6%
3 years21.1%78.8%
4 years24.3%75.6%
5 years26.7%73.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $100.00 it needs to increase in price by a factor of 87.90x. Given its present growth rate of 12.73% per month, it could take just 1.7 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.9%99%
1 year5%94.9%
2 years12.2%87.7%
3 years17.1%82.8%
4 years20.5%79.4%
5 years23.1%76.8%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $200.00 it needs to increase in price by a factor of 175.79x. Given its present growth rate of 12.73% per month, it could take just 2.0 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.3%99.6%
1 year2.9%97%
2 years9%90.9%
3 years13.6%86.3%
4 years17.1%82.8%
5 years19.8%80.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $300.00 it needs to increase in price by a factor of 263.69x. Given its present growth rate of 12.73% per month, it could take just 2.1 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.1%99.8%
1 year2%97.9%
2 years7.4%92.5%
3 years11.8%88.1%
4 years15.3%84.6%
5 years18%81.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for NEM to reach $400.00 it needs to increase in price by a factor of 351.59x. Given its present growth rate of 12.73% per month, it could take just 2.3 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.1%99.8%
1 year1.5%98.4%
2 years6.4%93.5%
3 years10.7%89.2%
4 years14.1%85.8%
5 years16.8%83.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is NEM a good investment? Is it safe to put my money into XEM?

No, it is not a 'good investment' to buy NEM, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading NEM as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of XEM - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

NEM Development + Team

There are 3 developers coding the source behind NEM There are no sales or marketing staff on the team which could impede the coin's growth.

NEM doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team for NEM is lead by Lon Wong,

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

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