Earlier today, NEM has announced that it will launch a mobile wallet mini program for China's most popular messaging app Wechat later this month. On Friday, the price of this NEM has reached a peak level, from which cryptocurrency has reached 10th rank in the market cap ranking.
NEM Price Surges on WeChat Wallet News
This NEM micro app would be the first cryptocurrency wallet developed specifically for Wechat, although CCN was unable to independently verify this claim. This is an informal news source project inside the NEM.
Much of this is concentrated in BTC business pairs. Its 24-hour exchanges have only acted on EXEM trades worth 56 million dollars. This NEM is notorious for its thin business volume relative to its market cap and does not change during Friday's rally.
source - https://www.cryptocoinsnews.com/nem-price-leaps-time-high-investors-proceed-caution/