![]() ![]() The next source I used to find NEM price coin predictions is called “ Trading Beasts”. The “one-year forecast” it does provide is that NEM is likely to crash towards the end of 2022. It does have a lot of graphs though, but they aren’t explained at all. It doesn’t bother to explain what NEM is, or to use its timeline for development to justify its prices. Wallet Investor gives a “one-year forecast” from exactly the day that the page is visited. This is a classic example of a website that gives no reasoning to its content whatsoever, so it's hard to know how they came up with this estimate. The first source we have is from a website called “ Wallet Investor”. ![]() However, most of them nothing more than just a number, a few graphs and the words “NEM price prediction” a lot of the time. I’ve collected information from several different sources. Now, let's look at a few NEM price predictions. Best performing cryptocurrency in the top 10 cryptocurrencies list. ![]() Top 10 cryptocurrencies: learn about the most popular cryptocurrencies today. Even though it’s down from its all-time high point, it is hugely up from the price that it launched at.Ĭryptocurrencies Top 10 Cryptocurrencies 2022: What’s The Most Popular Cryptocurrency? That said, in a very basic sense, you can argue that NEM has been a good investment. If I sold all my NEM coins today at 31c, I would only be able to cash out around $182,352. Well, the following months up to this point would have been awful watching my money decrease. If I used $1,200,000 to invest in NEM right at the high point ($2.04). Of course, this could have worked the other way too. I would have cashed out a grand total of around $1,200,000. If I was the luckiest person ever and called the exact top of NEM’s rise, I would have sold when each coin was worth $2.04. My investment would have bought me around 588,235 NEM coins. Suppose I was lucky enough to buy $100 worth of NEM coin back in January of 2016. If you managed to buy it in its sleeping giant period and sell right at the top, of course, NEM was an incredible investment. During the spring of 2017, many crypto projects took off and experienced huge growth in their market caps, NEM did the same.ĭuring the epic bull run of all cryptos at the end of 2017 and the beginning of 2018, NEM even got above the $2 mark. For most of this period, a single NEM coin cost less than a fifth of a cent. NEM was a sleeping giant for a long time, trading below 1c from the day it was launched in 2015, right up until March 2017. Now, I can get on to the focus of this article – is NEM a good investment? Source: coinmarketcap Has NEM Been a Good Investment So Far? It’s not just a means of payment, in fact, its properties as a currency are probably rather low on the NEM team’s list of priorities.Īs well as having implications for global finance, the NEM team believe that it can revolutionize the following areas among others: crowdfunding, loans, legal records, health records, game data, royalties, smart contracts, supply chains, accounting, ownership records, and allow for the launch of ICOs. Like many cryptocurrency projects, NEM is a project with some rather large goals. This will be released in an upgrade at some point in 2018 known as “Catapult”. It is built using Java programming language and is currently also being developed in the C++ language. ![]() Like Ethereum, Waves, and NEO, NEM is both a cryptocurrency and a platform for building applications on top of. ![]()
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