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NEM Price Prediction
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Table of Contents
NEM Fundamental Analysis
Project name
NEM
Stock Symbol
XEM
Current Price
0.03830826999999999
Current Supply
8999999999
Launch Date
2015
Official Website
NEM's strength is taking advantage of its Blockchain platform to generate solutions in multiple areas. Firstly, it is achieved by offering companies a data storage service and being able to serve as an accounting book hosted in a secure and invulnerable network. Secondly, NEM functions within the government. If a government decides to use XEM to exercise its public policy measures it will immediately make a profit in terms of transparency and therefore fight corruption and fraud. Finally, NEM offers services to the academic sector for data storage, both administrative like titles and evaluations, and scientific, for example, in research. NEM's most revolutionary application is the Smart Asset Register or Mosaic. The platform through the Mosaics allows you to create your own token, cryptocurrency, or even an ICO.
NEM Live Price Chart
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NEM Technical Analysis
Despite the fact that 100% accurate technical analysis for NEM cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated XEM buy-and-sell rating for selected timeframe. The summary for XEM/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
NEM Price Prediction
Below we have collected the most reliable price projections for NEM (XEM) from popular forecast platforms.
NEM Price Prediction for 2023
As of the beginning of 2023, NEM price predictions are mostly pessimistic, predicting a decline to $0.034861 (WalletInvestor) and even lower, down to $0 (according to TradingBeast) by the end of 2023.
Potential ROI:
-50%
Sell
NEM Price Prediction for 2024
In their NEM price predictions for 2024, PricePrediction.net’s forecasts the coin’s price to go above $0.056696 by December. Forecasting NEM's future, WalletInvestor expects further growth, too, saying the NEM price will reach ~$0.072786 by that time. On the contrary, TradingBeast keeps predicting NEM price decline, quoting prices around ~$0 in 2024.
Potential ROI:
13%
Buy
NEM Price Prediction for 2025
The experts are unanimous in their NEM price forecasts for 2025 — everybody expects NEM’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $0.029114. According to TradingBeast’s research, NEM’s price can drop down to $0. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2025 NEM’s price will be about $0.015323.
Potential ROI:
-61%
Sell
NEM Price Prediction for 2026
Both WalletInvestor and TradingBeast doubt that the NEM market will grow in 2026, predicting the price drop to $0.033711 and $0 by the end of the year respectively. Other NEM price forecasts support the idea: PricePrediction.net forecasts NEM to fall down to $0.029114 by December 2026.
Potential ROI:
-45%
Sell
NEM Price Prediction for 2030
Speaking of long-term NEM price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that NEM price will grow further and eventually reach $0.043288 by the end of the decade. WalletInvestor’s price prediction for NEM echoes with the projection of an uptrend to $0.045204. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $0.
Potential ROI:
-23%
Sell
Summary
As it can be clear from the analysis cited above, NEM (XEM) projections are rather contradictory. There is no universal consensus either about positive or negative future XEM price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the NEM projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
