coin image

NEM XEM

108
Coin
PoI
Rp 489.942.43%
0.00000121 BTC0.63%0.0000175 ETH0.24%

Low (24h)

Rp 489.83

Rp 505.00

XEM to IDR - NEM Price in IDR

108
Coin
PoI
Market Cap
Rp 4,409,468,563,098.23
Market Dominance
0.03%
Market Cap
Rp 4,409,468,563,098.23
Market Dominance
0.03%
Fully Diluted Market Cap
Rp 4,409,468,563,058.17
YTD (%)
13.31%
Volume (24h)
Rp 103,420,326,690.51
Volume / Market Cap
0.02345
Circulating Supply
8,999,999,999 XEM 100.00%
Max Supply
8,999,999,999
Total Supply
8,999,999,999
Compare NEM with other crypto
coin image XEM

1

XEM

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IDR

XEM to IDR Price Chart


Risk Analysis

3

0

0

NEM (XEM) Markets


NEM Quarterly Returns

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XEM to IDR price today is Rp 489.94, which is Down by -2.43% over the last 24 hours. There has been an hourly Dip by -0.21%. NEM's market cap currently sits at Rp 4,409,468,563,098.23 IDR, holding up for a market cap rank at #108. The volume were at Rp 103,420,326,690.51 IDR NEM ranks no 108 in the market capitalization of NEM is at Rp 4,409,468,563,098.23 and its volume for 24 hours is Rp 103,420,326,690.51. NEM are under circulation, with total supply of 9B and the Maximum supply of 9B.

About NEM

NEM is a peer-to-peer (related to someone within a similar age group or academic field) crypto platform. It is developed 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 [set of computer instructions]. NEM also features an integrated P2P (peer-to-peer) secure and encrypted (turned into secret code) messaging system, multisignature accounts and an Eigentrust++ reputation system. NEM has gone through long open alpha testing starting June 25, 2014, followed by lengthy [long] and comprehensive [complete and thorough] beta testing starting on October 20, 2014. NEM is finally launched on May 31, 2015.

What Is NEM (XEM)?

This new programmable blockchain, called NEM (XEM), is more technologically advanced and user-friendly than its competitors. The Proof-of-Impact system makes NEM unique compared to Ethereum (ETH) and other programmable blockchain networks.

In late 2017 and early 2018, NEM experienced great success during the crypto boom but has yet to recover. It has even been questioned whether the project will continue. NEM will be explained in this guide, and if it can be revived.


 

Who are the founders of NEM (XEM)?

Jeff McDonald and Lon Wong founded NEM in 2007. Lon Wong and Takao Asayama built the Apostille solution. He co-founded LUXTAG, a blockchain startup, in the early days of blockchain technology. 

A team of over 40 individuals works at NEM. The team is established in the United States, the Philippines, and the United Kingdom. Consultants and top management personnel make up the NEM Group.


What makes NEM (XEM) unique?

The NEM platform is designed for enterprise use. As it's API-based, it allows separate programs to communicate with each other, and it's written in Java, a widely used programming language. With its smart assets system, NEM's blockchain can model real-world assets
 

A mosaic is a crypto token that users can create on NEM by creating their own crypto tokens. A namespace, such as a web domain, must first be registered. Once the namespace has been created, mosaics may be issued, just like files. As a versatile tool, mosaics can be used for various purposes, including storing value and giving users voting rights.

Despite similar functionality, the method of validating transactions in NEM differs from those in other blockchain projects. As Bitcoin (BTC) introduced proof-of-work, many blockchains use a system where miners verify transactions by spending computing power. Validators may also be selected based on the amount of cryptocurrency they've put up as collateral in a proof of stake system.

The consensus algorithm used in NEM is known as proof-of-importance. In contrast to proof of stake, the algorithm rewards token owners who generate authentic network transactions by awarding them an "importance score," thus incentivizing blockchain use and growth. Rather than giving the largest participation opportunities to those who have invested the most, the algorithm rewards token owners who own more tokens.


 

Where NEM (XEM) came from?

It was founded by a user named UtopianFuture on the BitcoinTalk forum. Community members would manage it exclusively, as UtopianFuture proposed on January 19, 2014.

Initially, the developers planned to use a similar blockchain to Nxt, but instead, they decided to create their own. March 31, 2015, marked the launch of NEM's mainnet. By that time, UtopianFuture had left NEM.

NEM is developed and marketed by an anonymous team. Several nonprofit organizations were formed to guide the development of NEM in 2017.


 

Primary features of NEM (XEM)

  • As cryptocurrencies or crowdfunding tokens, NEM Smart Assets are similar to bonds and securities but are issued as ‘mosaics.’
  • NEM uses delegates to harvest data instead of mining. In addition to connecting to a node, account holders can help produce blocks on the blockchain by holding a minimum stake of 10,000 XEM. Records and verification of transactions are conducted between accounts, with transaction fees collected in exchange.
     
  • Based on the number of tokens stacked, the number of transactions to other NEM accounts, and the magnitude and frequency of those transactions, the proof-of-importance (POI) algorithm assigns a hierarchy to harvesting accounts based on network theory.
  • A private blockchain can be created and managed on the NEM network using Mijin, which prevents unauthorized users from accessing it.
  • To preserve the reputational structure of the PoI, NEM incorporates the Eigentrust++ algorithm.


 

Pros & Cons of NEM

Pros

  • Blockchains from all over the world can be adopted through the platform.
  • Large corporations are the firm's primary focus. Exchanges of coins are increasing in volume. 
  • As the platform has a comprehensive API interface and is open for further development, developers recognized the need to remain nimble to maintain market share.


 

Cons

  • There needs to be more communication with its community due to its highly secretive team. 
  • Smart contract platforms are not unique, but they all have similar characteristics. 


     

NEM (XEM) Token Matrics

Token NameNEM
TickerXEM
24h Volume$ 15.75 million ($ 15,754,151)
Market cap$ 256.86 million ($ 256,874,453)
Fully diluted market cap$ 326.68 million ($ 326,682,776)
Circulating supply7.08 billion XEM (7,076,804,298.05 XEM)
Total supply9.00 billion XEM (8,999,999,999.00 XEM)
Max supply9.00 billion XEM (8,999,999,999.00 XEM)
Issuance blockchainNem


 

Where is the NEM (XEM) coin available?

NEM (XEM)  is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges is listed below.

  • Binance
  • KuCoin
  • Coinbase
  • Bittrex


You can check the whole list of exchanges here to buy NEM (XEM)

NEM Price Prediction

The current NEM to IDR price is Rp 489.94. In the last 24 hours, XEM to IDR price has gone up by -2.43%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future NEM price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired NEM at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

By exchanging XEM against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, NEM can be earned or received in various ways. XEM considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the XEM, including XEM to PHP, XEM to INR, XEM to NGN, XEM to THB, XEM to CAD, XEM to PKR, XEM to IDR , XEM to EUR , XEM to AUD , XEM to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 XEM is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like XEM to PEPE, XEM to LINA, XEM to ARB, XEM to SUI, XEM to XRP, XEM to BTC, XEM to OP, XEM to ETH .

How much is a one NEM worth now?

The current price of the NEM(XEM) is Rp 489.94, with a current market cap Rp 4,409,468,563,098.23.

What is the NEM max supply?

The maximum supply of the NEM(XEM) is around 9B.

What is the NEM stock symbol or ticker?

XEM is a ticker symbol of the NEM.

How many XEM coins are there in circulation?

At the movement,9B NEM tokens are already in the market out of 9B XEM.

How can I invest in NEM?

There are many options for buying crypto, and NEM can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy NEM. It's a quick, easy, and secure way to buy NEM(XEM).

Is NEM a stablecoin?

No, It is not a stablecoin.

What was the lowest price for NEM?

NEM had an all-time low of Rp 1.19.

What was the Highest price for NEM?

NEM had an all-time low of Rp 1.19.

Who is the Founder of NEM?

Lon Wong is the founder of the NEM(XEM) blockchain.

Can NEM be mined?

No, the NEM (XEM) coin cannot be mined.

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XEM to IDR Price Statistics

NEM to IDR Price Today

XEM to IDR

Rp 489.94

Percentage Change ( 24h )

2.43%

Rp 15.17
24h High / Low

Rp 505.00 /

Rp 489.83

Trading Volume 24h

Rp 103,420,326,690.51

Volume / Market Cap

0.02345

Market Dominance

0.03%

Market Rank

108

Market Cap

Rp 4,409,468,563,098.23

Fully Diluted Market Cap

Rp 4,409,468,563,058.17

All Time High

Rp 31,386.31

23321.04%
All Time Low

Rp 1.19

617832452.59%
Circulating Supply

8,999,999,999 XEM

Total Supply

8,999,999,999 XEM

Max Supply

8,999,999,999 XEM