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NEM (XEM), which was released in March 2015, is a cryptocurrency. It utilizes blockchain technology and was written in Java. In a variety of key areas, NEM varies from Bitcoin. It has incredibly quick block times of 1 minute, for instance, and has been planned to have as large a delivery model as possible. The algorithm used to validate blockchain transactions and issue new coins is based on proof of significance (POI). NEM has been used on a blockchain called Mijin in Japan by a number of financial companies. Since NEM was developed as a community-based crypto, to prevent it from being too centralized, its creators wanted to get it into the hands of as many individuals as possible. NEM sees itself as a blockchain of smart assets whose API enables any programming language to be used to build apps on it. On a number of major crypto-currency exchanges, the coin can be purchased.
NEM (XEM) coin's current price is 0.7912USD. The last 24-hour trading volume of NEM is $817.49M. XEM price has increased by 4.40% in the last 24 hours. It has a circulating supply of 9.00B coins, and the total market cap of NEM is $7.12B. Users can use Binance, Bitfinex, or other cryptocurrency exchanges to purchase NEM with USD utilizing their bank account and credit cards. Use the Aurox Terminal to purchase NEM across multiple exchanges, track and view NEM price charts, as well as utilize our proprietary signals and indicators to help you predict the market.
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