NEM (XEM) soars 6.11% on December 14-15

December 15, 2017 - By Marguerite Chambers

NEM (XEM) had a good 24 hours as the cryptocurrency jumped $0.0317000000000001 or 6.11% trading at $0.5502. According to Global Crypto Analysts, NEM (XEM) eyes $0.61 target on the road to $0.91. XEM last traded at HitBTC exchange. It had high of $0.62 and low of $0.50 for December 14-15. The open was $0.52.
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About 805,522 XEM worth $447,407 traded hands.

NEM (XEM) is up 172.24% in the last 30 days from $0.20 per coin. Its up 82.85% in the last 100 days since when traded at $0.30 and the annual trend is up. 200 days ago XEM traded at $0.21. XEM has 9.00B coins mined giving it $4.95B market cap. NEM maximum coins available are 9.00 billion. XEM uses algorithm and PoI proof type. It was started on 31/03/2015.

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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