NEM Price Prediction

NEM stands for New Economy Movement. The NEM blockchain provides a wide range of tools for creating your own assets and managing their properties. The developers of this ecosystem have created their own POI (Proof-of-Importance) algorithm. Thus, the one who makes a more real contribution to the economy and works more actively than others has an advantage.

XEM is a cryptocurrency that is the base unit of value in the system. Users can pay the fees required to carry out any transactions using this coin.

XEM Statistics

Now let's take a look at the XEM coin statistics provided by CoinMarketCap:

NEM Roadmap

Let's look at what does the CTO of NEM Software talked about the new roadmap and let's highlight the most important points:

1. New block explorers
   
   They are the key feature that helps data scientists and users to extract the value from the protocol and the currency they create. Also, it is an analytical tool, with the help of which the users will be able to see the current network health and historical network health.
2. Mosaics extension
   
   It means that mosaic feature will support the native on-chain encoding and decoding of images and audio files initially because NFT creation is connected with visual and audio bases.

Crypto community about XEM

Some crypto enthusiasts are predicting a possible new altcoin season and an increase in the price of XEM in the future.

But there are also those who have concerns about the current fall in the price of the coin.

XEM Price Prediction

1. According to TradingBeasts, the XEM 2022 price prediction will be as follows:

1. In turn, the DigitalCoinPrice service provides the following XEM price forecast 2022:

XEM Price Prediction 2025

As of 12/05/2022:

TradingBeasts experts suggest that the minimum price will be $0.09, while the maximum could reach $0.14 in 2025. WalletInvestor predicts a maximum price for the XEM coin of $0.68. DigitalCoinPrice makes a not-so-optimistic forecast - $0.09 maximum in 2025.

XEM Price Prediction 2030

As of 12/05/2022:

According to DigitalCoinPrice predictions, the XEM price could rise to $0.2 by 2030.

XEM Historical Price Analysis

As of 13/05/2022:

All-time high - $2.09 (Jan 04, 2018)

After listing on the exchanges, the XEM cryptocurrency was worth $0.0004. During 2015-2016, the price of the coin fluctuated slightly and ranged from $0.0002 to $0.010. In 2017, the price of XEM began to gradually rise, and already in 2018 it reached an all-time high as the community was very interested in the news about the development and implementation of the Catapult update. Then the XEM price was corrected to $0.2. Between June 2018 and November 2020, the price fluctuated slightly from $0.1 to $0.09. The only informational occasion that pushed XEM up was the news about the upcoming global hackathon. Thus, in March 2021, the price of XEM increased to $0.8. Gradually, the price began to decline and until 2022 it fluctuated from $0.2 to $0.04 per coin.

The NEM cryptocurrency is gaining more fans because its creators tried very hard to make the competitive system. For the most part, the NEM developers have succeeded. The goal of the project team is to conquer the sector of finance. It confidently goes to achieve this goal. Let's stay tuned for new and exciting NEM updates together!

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.