NEM Fundamental Analysis
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.
Curr. Supply/Total Supply
NEM Live Price Chart
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.
#1. WalletInvestor XEM Price Prediction for 2021 and 2025
According to WalletInvestor, NEM price will grow from $0.4065061 to $0.540 in one year. That makes XEM a awesome investment. The long-term earning potential is 32.84%. Predicted price for the end of 2026 is $1.337.
#2. TradingBeasts XEM Price Prediction for 2021-2022
Answering the question about if NEM is a good investment, TradingBeasts say resounding yes. In the 2021 perspective, this coin price is predicted to reach $0.5420791 with a growth to $0.5948235 by the end of 2022.
#3. DigitalCoin XEM Price Forecast for 2021-2025
In DigitalCoin analysis, the price of NEM cryptocurrency will rise in the next 5 years starting from $0.383 as of today’s price to $1.173. It will go up to $0.636 by 2022 and continue its growth in 2023-2024. Based on the forecast, NEM is profitable long-term investment.
#4. LongForecast XEM Price prediction for 2021-2022
In 2021, the average price will go up to $0.411. In 2022, NEM’s price will raise significantly to an average of $0.515.
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).
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.
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