NEM’s cryptocurrency XEM on position two of the list of “2016 top 20 cryptocurrencies”

Umar Jundi Alfaroq
Jan 24, 2017 · 2 min read

This post is based on the recent submission’s “2016 top cryptocurrencies” at BitHub.pl, a polish cryptocurrency and bitcoin online news portal on 20 January 2017.

NEM scores second in the top 20 cryptocurrencies by capitalization gained in value for investors, leaving behind some other notable projects such as ETH and Bitcoin, which took the 3rd and 10th place respectively. With more than 2000% increase in price from 1 Jan 2016 to 1 Jan 2017, NEM is considered one of the most profitable cryptocurrency / blockchain project for investors.

“The least profitable were Waves and Lisk with more than 90 percent loss. Digixdao and steem lost more than 70 percent of previous year’s worth.”

Read more about NEM and it’s cryptocurrency token at www.nem.io. XEM, the native cryptocurrency of the NEM platform is traded at:

NEM’s NanoWallet allows the purchase of XEM directly inside the wallet, using the practical Changelly Plugin. Check it out!


About NEM

NEM is an innovative blockchain technology project — a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and the Eigentrust++ node reputation system.

NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM’s public blockchain launched on March 31, 2015 and is now running without interruptions for almost two years.

Today, NEM is undergoing development of an upgraded core technology called “Catapult”. Catapult will power the mijin private chain technology in the first phase and become implemented into the NEM public chain subsequently.

NEM - Distributed Ledger Technology (Blockchain)

NEM is a secure and scalable 2.0 blockchain platform

Umar Jundi Alfaroq

Written by

Community Communications & Marketing for NEM Association Malaysia

NEM - Distributed Ledger Technology (Blockchain)

NEM is a secure and scalable 2.0 blockchain platform

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade