It is believed that NEM coin is the Japanese development because it is actively used in this country. However, the development was not done by the Japanese, but by Americans together with Europeans, and the base itself is located in Singapore. The name of the currency sounds like XEM.
The uniqueness of the project lies in the implementation of the "smart assets" system. This is a unique development that makes XEM flexible and comfortable.
Where can NEM be used?
In the credit sphere and accounting. After all, the system implemented in it simplifies many areas many times, while guaranteeing absolute security.
Moreover, NEM has built-in information storage, which allows it to become a tool for conducting voting, an archive, and the like. In fact, this system has an unlimited number of options and can be tailored to any task.
This approach of developers has made the XEM CREATIVE and exciting for users. Today, the currency successfully integrates into the Japanese economy and by popularity is second only to bitcoin.
Throughout 2017, NEM (XEM) was stable, which once again highlighted its uniqueness. When the other altcoins drew sharp ups and rapid falls on the charts, XEM continued its lateral movement. But this does not mean a lack of capacity; it was a deliberate accumulation of energy. And already at the very end of the year, predictable and reasonable growth began, the price reached $0.72.
Experts of the crypto-society were able to identify several factors that point to the excellent prospects of NEM coin in the coming year:
- continuous development of the currency, its adaptation to the requirements and needs of the modern user;
- introduction of innovative technologies;
- a high level of trust among users. This is facilitated by both a proper development strategy for developers and the right marketing solutions.
Japan is one of the most progressive countries in the world, and the XEM contributes to the growing interest of the crypto-public society to this coin.
Most users believe that the investments in NEM coin are the most profitable for today and begin to buy up the cryptocurrency actively. According to the forecast, there will soon be another increase in the cost associated with the rise in profits.
Experts, however, are more restrained in their forecasts. The price of a coin with the established level of capitalization increased by 65% in a short period. Apparently, the increase in value will continue in 2018. The fluctuations are very pronounced. Therefore the classical analysis scheme for constructing an informed forecast cannot be applied here.
Analysts are advised to wait until the correction is completed, the results of which can be used to determine the real prospects for XEM in the future.
If specific forecasts for the NEM cryptocurrency are challenging to make, then the overall looks very bright - the price growth will continue exactly. And you can see this immediately after the correction is completed.
Information Source: NEM