$XEM Token of the Day
Historical Price / Market Cap

Apr 01, 2015 ๐Ÿ“Š $0.0004584 / $1,414,224
Jan 01, 2016 ๐Ÿ“Š $0.0006505 / $4,418,379
Jan 01, 2017 ๐Ÿ“Š $0.006032 / $47,135,160
Jan 01, 2018 ๐Ÿ“Š $2.0919 / $7,018,712,999
Jan 01, 2019 ๐Ÿ“Š $0.06746 / $363,002,865
Jan 19, 2020 ๐Ÿ“Š $0.04674 / $405,175,326
Jan 01, 2021 ๐Ÿ“Š $0.2873 / $2,106,813,043
Jan 01, 2022 ๐Ÿ“Š $0.1404 / $922,113,597
Jan 01, 2023 ๐Ÿ“Š $0.04065 / $332,035,710
Jan 01, 2024 ๐Ÿ“Š $0.04024 / $362,078,391
Jan 20, 2024 ๐Ÿ“Š $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.
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*source: coinmarketcap