$XEM Token of the Day
Historical Price / Market Cap
Apr 01, 2015 📊 $0.0004584 / $1,414,224
Jan 01, 2016 📊 $0.0006505 / $4,418,379
Jan 01, 2017 📊 $0.006032 / $47,135,160
Jan 01, 2018 📊 $2.0919 / $7,018,712,999
Jan 01, 2019 📊 $0.06746 / $363,002,865
Jan 19, 2020 📊 $0.04674 / $405,175,326
Jan 01, 2021 📊 $0.2873 / $2,106,813,043
Jan 01, 2022 📊 $0.1404 / $922,113,597
Jan 01, 2023 📊 $0.04065 / $332,035,710
Jan 01, 2024 📊 $0.04024 / $362,078,391
Jan 20, 2024 📊 $0.04435 / $399,136,663
Total Supply: 8,999,999,999 $XEM
Circ. Supply: 8,999,999,999 $XEM
Max Supply: 8,999,999,999 XEM
XEM is he native currency of NEM. NEM is a blockchain platform that was launched in March of 2015. It was one of the pioneers of the cryptocurrency industry, and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution to the space is the proof-of-importance consensus mechanism, which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java.
*source: coinmarketcap