A little bit about NEM
Crypto currency NEM is not just another coin, which has some differences from Bitcoin, it is an absolutely exclusive branch of the development of block culture. The developers of NEM fretted over the creation of its platform, and produced a very interesting product that has all chances for existence. The NEM platform is a mixture of Ethereum, Bitcoin and Ripple, unless of course it's correct to say so. First, the NEM network boasts its own speed, which is 10 times faster than the Bitcoin network speed. Secondly, on the platform NEM, developers can develop their projects, and subsequently conduct ICO, to attract investment. Thirdly, the NEM team is aimed at integration into the banking system and cooperation with banks.
Prospects for NEM crypto currency
Undoubtedly, the NEM crypto currency is a "real" project that is in demand among users of different levels of status and income. As proof of this, says its capitalization, which after a large market collapse is $ 5 billion, and the maximum value was 18 billion.
The prospects for further growth of the NEM crypto currency are indicated by the developers' plans, which are now working on the creation of their stock exchange. Own trading platform will make safer and easier ways of buying and selling XEM coins, and also increase the reliability of the crypto currency. In addition, the prospects for XEM are indicated by its focus on the banking sector, which immediately increases the level of government confidence in this project. If the developers manage to conclude contracts with several operating financial institutions, we can see a sharp price momentum towards the "sky."
XEM forecast 2018
A little bit higher, we tried to describe the advantages and features of the XEM crypto currency, but that's not all. More detailed description of this project, you can see here.
In the past, we already saw the cost of one NEM coin near the $ 2 mark, after which a slow decline in value began, but it was caused by a general correction of the market. The price of $ 1.92 was due to the fourth wave of Elliott. From the fifth wave, and the coming general news background on the crypto currency market, we expect an increase in value to 4-6 dollars by the end of 2018.
Repeated testing of the already achieved level of $ 1.92 may occur much earlier, and there are all the prerequisites that this will happen in late March or early April 2018.