Price Analysis

NEM Price Analysis: NEM Heads Upwards With A Motto Of Not Looking Back

eToro
  • NEM announces technology update of the month raising market enthusiasm
  • NEM Coin bounces back to cross the $0.088 mark and continues the upward movement

NEM coin is one of the best bets of the current cryptocurrencies market and the coin is proving its worth time and again by bouncing back upwards after only a few days of downtrends. There is immense potential in this coin as believed by the current investors and as also communicated by the NEM foundation in its latest technology updates of the month. The current market data leads to a higher investment opportunity.

NEM Coin Price Statistics:

As on June 8, 2019, at 06:19:43 UTC, the value of NEM coin is noted at $0.085 and it is moving upwards. XEM had started the week with a value of 0.093 and maintained a see-saw trend by dropping as low as $0.078 and rising as high as $0.088. This shows a downtrend of over 5% in the last 5 days, but the current trend shows a revival back towards the upward curve.

NEM Price Chart - 8 June

  • The price of XEM coin is currently at $0.085 and 0.00001084 BTC
  • The 24 h volume is recorded as $33,416,608
  • The market cap of the coin is now $776,437,611
  • The circulating supply has reached 8,999,999,999 XEM
  • The ROI of the coin is recorded at >9000%

XEM is a high performing currency, and the value of the coin is again headed upwards to cross the $0.1 mark once again.

NEM Price Prediction:

XEM coin is rising upwards, and this time it seems the motto is to not looking down at all. The price of the coin may rise up to $0.9 by the end of the year and may reach $10 in the next two years.

Conclusion:

As the prices are low, this is the best time to invest in this currency of the future as it will pay huge dividends in the coming years.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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