NEM is a peer-to-peer cryptocurrency platform. It is written in Java and JavaScript and uses 100% original code. NEM introduces the model for wide distribution and adds new functional features to the blockchain technology using the Proof-of-Importance algorithm. NEM also offers an integrated peer-to-peer encrypted messaging system, multi-signature accounts, and the Eigentrust++ reputation system.
The NEM open alpha test began on June 25, 2014, followed by a long and comprehensive beta test on October 20, 2014, and the final version of NEM was released on May 31, 2015.Â
In 2016, NEM jumped in price and became one of the largest cryptocurrencies by market capitalization. While the blockchain industry was fighting the DAO, several Japanese banks agreed with NEM to create a payment infrastructure on the blockchain. What to expect from Nem cryptocurrency? Find out the Nem (XEM) forecast for 2022-2030 with Changelly!
NEM (XEM) Overview
Our real-time XEM to USD price update shows the current Nem price as $0.016267 USD.
Our most recent Nem price forecast indicates that its value will increase by 1.3% and reach $0.016479 by September 08, 2024.
Our technical indicators signal about the Bearish Bullish 16% market sentiment on Nem, while the Fear & Greed Index is displaying a score of 22 (Extreme Fear).
Over the last 30 days, Nem has had 12/30 (40%) green days and 9.86% price volatility.
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Nem (XEM) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
On the four-hour chart, NEM is bearish. The 50-day moving average is falling, suggesting a weakening short-term trend. Meanwhile, the 200-day moving average has been falling since 03/09/2024, indicating a weak longer-term trend.
In the daily chart, NEM is bullish. The 50-day moving average, currently above the price, is rising, which might resist future price movements. The 200-day moving average has been falling since 08/08/2024, showing long-term weakness.
On the weekly timeframe, NEM appears bearish. The 50-day moving average is above the price and falling, potentially acting as resistance. The 200-day moving average, falling since 18/02/2024, supports a declining trend.
Nem (XEM) Price Prediction For Today, Tomorrow and Next 30 Days
NEM Prediction Table
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NEM Historical
According to the latest data gathered, the current price of NEM is $0.04, and XEM is presently ranked No. 189 in the entire crypto ecosystem. The circulation supply of NEM is $356,571,003.93, with a market cap of 8,999,999,999 XEM.
In the past 24 hours, the crypto has increased by $0.00009 in its current value.
For the last 7 days, XEM has been in a good upward trend, thus increasing by 11.25%. NEM has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of XEM has increased by 3.08%, adding a colossal average amount of $0.0012 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
NEM Price Prediction 2024
According to the technical analysis of NEM prices expected in 2024, the minimum cost of NEM will be $0.0161. The maximum level that the XEM price can reach is $0.0207. The average trading price is expected around $0.0253.
XEM Price Forecast for September 2024
Having analyzed NEM prices, cryptocurrency experts expect that the XEM rate might reach a maximum of $0.0168 in September 2024. It might, however, drop to $0.0161. For September 2024, the forecasted average of NEM is nearly $0.0165.
October 2024: NEM Price Forecast
In the middle of autumn 2024, the NEM cost will be traded at the average level of $0.0184. Crypto analysts expect that in October 2024, the XEM price might fluctuate between $0.0161 and $0.0206.
XEM Price Forecast for November 2024
Market experts expect that in November 2024, the NEM value will not drop below a minimum of $0.0194. The maximum peak expected this month is $0.0210. The estimated average trading value will be at the level of $0.0202.
December 2024: NEM Price Forecast
Cryptocurrency experts have carefully analyzed the range of XEM prices throughout 2024. For December 2024, their forecast is the following: the maximum trading value of NEM will be around $0.0253, with a possibility of dropping to a minimum of $0.0197. In December 2024, the average cost will be $0.0225.
NEM Price Prediction 2025
After the analysis of the prices of NEM in previous years, it is assumed that in 2025, the minimum price of NEM will be around $0.0161. The maximum expected XEM price may be around $0.0350. On average, the trading price might be $0.0539 in 2025.
NEM Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of NEM, in 2026, XEM is expected to have the following minimum and maximum prices: about $0.0344 and $0.0426, respectively. The average expected trading cost is $0.0356.
NEM Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of NEM and their fluctuations during the previous years. It is assumed that in 2027, the minimum XEM price might drop to $0.0509, while its maximum can reach $0.0604. On average, the trading cost will be around $0.0523.
NEM Price Prediction 2028
Based on the analysis of the costs of NEM by crypto experts, the following maximum and minimum XEM prices are expected in 2028: $0.0888 and $0.0754. On average, it will be traded at $0.0775.
NEM Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of NEM. Based on their predictions, the estimated average XEM price will be around $0.1159. It might drop to a minimum of $0.1128, but it still might reach $0.1310 throughout 2029.
NEM Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of NEM. It is estimated that XEM will be traded between $0.1642 and $0.1953 in 2030. Its average cost is expected at around $0.1700 during the year.
NEM Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the NEM’s price. The year 2031 will be determined by the maximum XEM price of $0.2931. However, its rate might drop to around $0.2426. So, the expected average trading price is $0.2494.
NEM Price Prediction 2032
After years of analysis of the NEM price, crypto experts are ready to provide their XEM cost estimation for 2032. It will be traded for at least $0.3606, with the possible maximum peaks at $0.4183. Therefore, on average, you can expect the XEM price to be around $0.3731 in 2032.
NEM Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the NEM’s price. The year 2033 will be determined by the maximum XEM price of $0.6387. However, its rate might drop to around $0.5393. So, the expected average trading price is $0.5580.
NEM Price Prediction 2040
Cryptocurrency analysts are ready to announce their estimations of the NEM’s price. The year 2040 will be determined by the maximum XEM price of $11.38. However, its rate might drop to around $8.97. So, the expected average trading price is $9.74.
NEM Price Prediction 2050
Cryptocurrency analysts are ready to announce their estimations of the NEM’s price. The year 2050 will be determined by the maximum XEM price of $14.09. However, its rate might drop to around $12.24. So, the expected average trading price is $12.86.
NEM Price Analysis
According to the latest data gathered, the current price of NEM is $0.04, and XEM is presently ranked No. 189 in the entire crypto ecosystem. The circulation supply of NEM is $356,571,003.93, with a market cap of 8,999,999,999 XEM.
In the past 24 hours, the crypto has increased by $0.00009 in its current value.
For the last 7 days, XEM has been in a good upward trend, thus increasing by 11.25%. NEM has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of XEM has increased by 3.08%, adding a colossal average amount of $0.0012 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Nem Fundamental Value
NEM digital money was actively developed in 2016. The distinctive features on which development priority is placed are the following factors:
Internationality. This cryptocurrency has received recognition and distribution in Japan. However, the further plans of the developers include access to Asian and world markets;implemented functionality and technologies actively support decentralization and anonymity;fair distribution of mined coins and financial independence of users.
The NEM algorithm is written from scratch and is based on open source. The cryptocurrency belongs to the second generation of digital money and uses Javascript as a programming language. The algorithm uses the original protocol, which ensures fairness in the distribution of commission coins.
The original innovation of NEM developers is two technologies:
Proof of Importance (PoI) protocol – proof of node importanceEigentrust provides the reputation and importance of the node.
Both technologies work in close interconnection with each other. Eigentrust forms a reputation system that identifies the most valuable and reliable nodes and eliminates dubious and malicious ones. This technology supports the stability and security of the NEM blockchain.
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FAQ
NEM price nowÂ
As of now, NEM (XEM) price is $0.04 with NEM market capitalization of $352,174,513.03.
Is NEM a good investment?
The forecast for NEM price is quite positive. It is expected that XEM price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can NEM rise?Â
It seems that the average price of NEM might reach {AveragePrice2023} in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $0.15418458. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will NEM be worth 2023?
XEM minimum and maximum prices might hit {MinimumPrice2023} and {MaximumPrice2023} accordingly.
How much will NEM be worth 2025?
NEM network is developing rapidly. XEM price forecast for 2025 is rather positive. The XEM average price is expected to reach minimum and maximum prices of $0.07479252 and $0.08889111 respectively.
How much will NEM be worth 2030?
XEM is provided with suitable environment to reach new heights in terms of price. XEM price prediction is quite positive. Business analysts predict that XEM might reach the maximum price of $0.54904509 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $0.48205179
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.