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Top places to buy NEM, the token of a unique PoI blockchain

March 25, 2022 By Daniela Kirova

NEM is currently trading for $0.11 with a 24-hour trading volume of $33.3 million. The 84th biggest coin by market cap has added 2.19% to its value today.

The ecosystem recently released a new version of the NEM Nano Wallet, with which the Trezor integration has been fixed and upgraded. They have also done a little bit of refactoring.

When Valkyrie Investments launched protocol treasury management, which they announced yesterday, they signed NEM as the first client.

If you are attracted to unique features and want to learn how and where to buy NEM, this guide is for you.  

Top places to buy NEM now

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What is NEM?

NEM stands for New Economy Movement. It is a platform ecosystem using cryptography and blockchain to provide solutions for individuals and businesses. Its native cryptocurrency is XEM.

NEM has several unique features, of which the way its NIS1 blockchain is secured is probably the most important. This blockchain uses neither PoS nor PoW, which are far more widespread. Its algorithm is called proof-of-importance (PoI).

This algorithm makes sure transactions on the network are recorded and processed in a transparent and timely way.

Should I buy NEM today?

NEM can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.

NEM price prediction

Wallet Investor finds NEM is a great investment. They expect it to reach $0.36 in March 2027. A 5-year investment will generate revenue of +223%. A $100 investment might go up to $323 in five years if their prediction proves accurate.

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