Category Archives: 07 – NEM (XEM)

Last night, NEM’s price was hovering at a steady 11 cents per coin. That price has been steady for the past month. However, last night some major volume appeared on exchanges sending the price to a high of 26 cents during the time of writing. This meteoric price rise places NEM’s market cap at $2.3 billion, ranking it number 4 right behind Ethereum.

It is also surprising that NEM has surpassed Litecoin by Market Cap which goes to show the trend among cryptocurrency investors is shifting towards more compliant altcoins. It will take some time to see if NEM’s recent price rise is yet another pump and dump or if investors really are seeing the potential of such currencies.

Bitcoin isn’t the only cryptocurrency exhibiting major price swings as of late. New Economy Movement (XEM) – a peer-to-peer cryptocurrency written in Java – has seen a meteoric price rise which double

Source: New Economy Movement Doubles in Price Within 24 Hours, Becomes 4th Currency by Market Cap – The Merkle

The New Economic Movement created a cryptocurrency. Now they want to create an economic revolution.

Source: This Cryptocurrency Doesn’t Want to Beat Bitcoin, It Wants to Beat the Economy – Motherboard