intermediate
NEM is a peer-to-peer cryptocurrency platform. It is written in Java and JavaScript and uses 100% original code. NEM introduces the model for wide distribution and adds new functional features to the blockchain technology using the Proof-of-Importance algorithm. NEM also offers an integrated peer-to-peer encrypted messaging system, multi-signature accounts, and the Eigentrust++ reputation system.
The NEM open alpha test began on June 25, 2014, followed by a long and comprehensive beta test on October 20, 2014, and the final version of NEM was released on May 31, 2015.
In 2016, NEM jumped in price and became one of the largest cryptocurrencies by market capitalization. While the blockchain industry was fighting the DAO, several Japanese banks agreed with NEM to create a payment infrastructure on the blockchain. What to expect from Nem cryptocurrency? Find out the Nem (XEM) forecast for 2022-2030 with Changelly!
NEM (XEM) Overview
Our real-time XEM to USD price update shows the current Nem price as $0.032788 USD.
Our most recent Nem price forecast indicates that its value will increase by -7.89% and reach $0.030202 by May 19, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 90%, with a Fear & Greed Index score of 50 (Neutral).
Over the last 30 days, Nem has had 13/30 (43%) green days and 6.91% price volatility.
Nem (XEM) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Nem (XEM) Price Prediction For Today, Tomorrow and Next 30 Days
NEM Prediction Table
NEM Historical
According to the latest data gathered, the current price of NEM is $$0.03, and XEM is presently ranked No. 108 in the entire crypto ecosystem. The circulation supply of NEM is $299,322,497.54, with a market cap of 8,999,999,999 XEM.
In the past 24 hours, the crypto has increased by $0.00029 in its current value.
For the last 7 days, XEM has been in a good upward trend, thus increasing by 0.35%. NEM has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of XEM has increased by 20.73%, adding a colossal average amount of $0.01 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
NEM Price Prediction 2023
According to the technical analysis of NEM prices expected in 2023, the minimum cost of NEM will be $0.0253904607. The maximum level that the XEM price can reach is $0.0316278369. The average trading price is expected around $0.0378652131.
XEM Price Forecast for May 2023
Based on the price fluctuations of NEM at the beginning of 2023, crypto experts expect the average XEM rate of $0.0306184379 in May 2023. Its minimum and maximum prices can be expected at $0.0281511846 and at $0.0330856911, respectively.
June 2023: NEM Price Forecast
Cryptocurrency experts are ready to announce their forecast for the XEM price in June 2023. The minimum trading cost might be $0.0253904607, while the maximum might reach $0.0372555541 during this month. On average, it is expected that the value of NEM might be around $0.0313230074.
XEM Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of NEM in 2023 and in previous years, so the average XEM rate they predict might be around $0.0376111885 in July 2023. It can drop to $0.0373571639 as a minimum. The maximum value might be $0.0378652131.
August 2023: NEM Price Forecast
In the middle of the year 2023, the XEM price will be traded at $0.0374817648 on average. August 2023 might also witness an increase in the NEM value to $0.0376220508. It is assumed that the price will not drop lower than $0.0373414788 in August 2023.
XEM Price Forecast for September 2023
Crypto experts have analyzed NEM prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.0371965166. The lowest and peak XEM rates might be $0.0370609069 and $0.0373321264.
October 2023: NEM Price Forecast
Crypto analysts expect that at the end of summer 2023, the XEM price will be around $0.0369112685. In October 2023, the NEM cost may drop to a minimum of $0.0367709825. The expected peak value might be $0.0370515545 in October 2023.
XEM Price Forecast for November 2023
Having analyzed NEM prices, cryptocurrency experts expect that the XEM rate might reach a maximum of $0.0367616301 in November 2023. It might, however, drop to $0.0364904106. For November 2023, the forecasted average of NEM is nearly $0.0366260204.
December 2023: NEM Price Forecast
In the middle of autumn 2023, the NEM cost will be traded at the average level of $0.0363407722. Crypto analysts expect that in December 2023, the XEM price might fluctuate between $0.0362004863 and $0.0364810582.
XEM Price Forecast for January 2024
Market experts expect that in January 2024, the NEM value will not drop below a minimum of $0.0359105619. The maximum peak expected this month is $0.0361911339. The estimated average trading value will be at the level of $0.0360508479.
February 2024: NEM Price Forecast
Cryptocurrency experts have carefully analyzed the range of XEM prices throughout 2023. For February 2024, their forecast is the following: the maximum trading value of NEM will be around $0.0359012095, with a possibility of dropping to a minimum of $0.0356393424. In February 2024, the average cost will be $0.0357702759.
NEM Price Prediction 2024
After the analysis of the prices of NEM in previous years, it is assumed that in 2024, the minimum price of NEM will be around $0.0589941. The maximum expected XEM price may be around $0.0709929. On average, the trading price might be $0.0609939 in 2024.
NEM Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of NEM, in 2025, XEM is expected to have the following minimum and maximum prices: about $0.0869913 and $0.09999, respectively. The average expected trading cost is $0.089991.
NEM Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of NEM and their fluctuations during the previous years. It is assumed that in 2026, the minimum XEM price might drop to $0.119988, while its maximum can reach $0.149985. On average, the trading cost will be around $0.129987.
NEM Price Prediction 2027
Based on the analysis of the costs of NEM by crypto experts, the following maximum and minimum XEM prices are expected in 2027: $0.219978 and $0.179982. On average, it will be traded at $0.189981.
NEM Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of NEM. Based on their predictions, the estimated average XEM price will be around $0.269973. It might drop to a minimum of $0.259974, but it still might reach $0.319968 throughout 2028.
NEM Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of NEM. It is estimated that XEM will be traded between $0.389961 and $0.459954 in 2029. Its average cost is expected at around $0.39996 during the year.
NEM Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the NEM’s price. The year 2030 will be determined by the maximum XEM price of $0.679932. However, its rate might drop to around $0.559944. So, the expected average trading price is $0.579942.
NEM Price Prediction 2031
After years of analysis of the NEM price, crypto experts are ready to provide their XEM cost estimation for 2031. It will be traded for at least $0.79992, with the possible maximum peaks at $0.989901. Therefore, on average, you can expect the XEM price to be around $0.819918 in 2031.
NEM Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the NEM’s price. The year 2032 will be determined by the maximum XEM price of $1.38. However, its rate might drop to around $1.16. So, the expected average trading price is $1.21.
NEM Price Analysis
According to the latest data gathered, the current price of NEM is $$0.03, and XEM is presently ranked No. 108 in the entire crypto ecosystem. The circulation supply of NEM is $299,322,497.54, with a market cap of 8,999,999,999 XEM.
In the past 24 hours, the crypto has increased by $0.00029 in its current value.
For the last 7 days, XEM has been in a good upward trend, thus increasing by 0.35%. NEM has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of XEM has increased by 20.73%, adding a colossal average amount of $0.01 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Nem Fundamental Value
NEM digital money was actively developed in 2016. The distinctive features on which development priority is placed are the following factors:
Internationality. This cryptocurrency has received recognition and distribution in Japan. However, the further plans of the developers include access to Asian and world markets;implemented functionality and technologies actively support decentralization and anonymity;fair distribution of mined coins and financial independence of users.
The NEM algorithm is written from scratch and is based on open source. The cryptocurrency belongs to the second generation of digital money and uses Javascript as a programming language. The algorithm uses the original protocol, which ensures fairness in the distribution of commission coins.
The original innovation of NEM developers is two technologies:
Proof of Importance (PoI) protocol – proof of node importanceEigentrust provides the reputation and importance of the node.
Both technologies work in close interconnection with each other. Eigentrust forms a reputation system that identifies the most valuable and reliable nodes and eliminates dubious and malicious ones. This technology supports the stability and security of the NEM blockchain.
FAQ
NEM price now
As of now, NEM (XEM) price is $0.03 with NEM market capitalization of $299,710,910.64.
Is NEM a good investment?
Considering current bearish trend in NEM price movements, it is expected the cryptocurrency will continue meeting price decline. Please, invest wisely and don’t forget to DYOR when investing in any type of asset.
Can NEM rise?
It seems that the average price of NEM might reach $0.0419958 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $0.189981. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will NEM be worth 2023?
XEM minimum and maximum prices might hit $0.0409959 and $0.0469953 accordingly.
How much will NEM be worth 2025?
NEM network is developing rapidly. XEM price forecast for 2025 is rather positive. The XEM average price is expected to reach minimum and maximum prices of $0.0869913 and $0.09999 respectively.
How much will NEM be worth 2030?
XEM is provided with suitable environment to reach new heights in terms of price. XEM price prediction is quite positive. Business analysts predict that XEM might reach the maximum price of $0.679932 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $0.579942
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/nem-xem-price-prediction/
