💎 Buy #XEM/#BTC at #BINANCE
🆔 #20193, 16th today.
⏱ 25-Jan-2019 20:07:01 UTC
🛒 Entry: 0.00001521 – 0.00001551
💵 Current ask: 0.00001536
🎯 Target 1: 0.00001725 (12.30%)
🎯 Target 2: 0.00001790 (16.54%)
🎯 Target 3: 0.00001856 (20.83%)
🚫 Stop loss: 0.00001444 (5.99%)
💰 Volume #XEM: 7,540,392.00
💰 Volume #BTC: 116.35
⏳ SHORT/MID TERM (up to 4 weeks)
⚠️ Risk: 3/5 (Medium)
☯️ R/R ratio: 1:2.1️
Live NEM Price (USD), Market Cap and Supply Details With Last 24-Hour Movements
Currently, NEM (XEM) is trading at $0.0553 with XEM price 1.22% down today. The market cap of NEM is USD 498,133,595 with 8,999,999,999 xem circulating currently. The 24-hour price movement chart indicates that $11,114,232 worth of XEM were trading. The price peaked to $0.0558 in the last 24 hours while the lowest price was $0.0546.
NEM Price Prediction With 5-Years NEM Price Forecast
The trend showing a steady change in price from 1.90 USD from January 2018 to the current XEM price. There is a possible increase that can be predicted in XEM coin value, which is expected to increase to at least $0.448 by the end of this year, which is an expected increase of a good
709.421415%. NEM price prediction suggest that the NEM price is up for a long-term 2143.976334% in the XEM price value with a 5-year investment. This means that in the year 2023, the NEM price is forecasted to stand at $1.242 . You can keep track of NEM’s progress by adding it to your wallet portfolio.
The XEM price prediction is done on the basis of the fact that XEM has signed a lot of valuable partnerships in Australia and New Zealand after a positive mention by NASDAQ. NEM XEM also allows multiple ledgers to exist on a single blockchain, helping the users to create mosaics which represent unique assets, such as currencies using NEM Smart Assets. Another feature that adds to the XEM value is the Mijin blockchain, which runs on NEM software, as it claims to bring down the institutional costs of banking by 90% while making the systems more secure.
NEM has a successful partnership with Zaif, one of the largest cryptocurrency exchanges in Japan, which has helped them to create a completely new blockchain rather than forking from NXT cryptocurrency. CoinSwitch allows the checking and comparing of XEM rate with other cryptocurrencies for the efficient trading of NEM XEM in the most secure and simplest way possible.
|1-Year Forecast||3-Year Forecast||5-Year Forecast|
*This NEM (XEM) price prediction is based on the data collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.
About NEM (XEM)
To efficiently invest in NEM XEM cryptocurrency, one is supposed to know what is XEM. NEM was created in 2015, coded in Java and C++ by an anonymous coder, UtopianFuture on a BitCoin forum discussion. The Proof of Importance consensus algorithm is based on who has the amount of balance that a person has in XEM wallet and the number of transactions that the person has.
NEM was the victim of a loss of 523 Million XEM worth 400 Million US Dollars, which happened due to the Japanese cryptocurrency exchange Coincheck getting hacked due to its questionable security measures. Instead of creating a hard fork of the blockchain, the NEM team created automated tagging of the tainted money to track the transactions using the hacked coins.
If you are new to crypto trading, it’s always advisable to learn about, what is NEM, it’s benefits and indicative return on investment.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.