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Review on NEM by Luca Bach

Revainrating 4 out of 5

NEM suddenly shot into prominence from June 2017 onwards when the currency’s…

NEM suddenly shot into prominence from June 2017 onwards when the currency’s price received a major boost. NEM prices went from $0.2 in early December to $2.03 in early January – this is when the currency shot to prominence and suddenly caught the eye of a number of investors. However, the markets have since slowed down, but the interest in NEM continues.



Pros
  • AbacasXchange – NEM blockchain-powered, universal asset exchange to trade any asset, anywhere, anytime. Adara – Intelligent blockchain financial ecosystem. ATUM – The most advanced decentralized exchange. Bankorus – The Bankorus protocol is an open-source API built on the NEM blockchain, so it’s highly efficient and protected by the latest cryptography. Dimcoin – Trade shares on blockchain for the first time with DIMCOIN and the DIM Ecosystem
Cons
  • NEM prices have dropped down to a low of $0.34 – a three-month low, but the currency continues to fight back. NEM, with a market cap of $3.0 Billion is currently ranked #13 in the list of cryptocurrencies by market cap. So I am quite concerned about its competitiveness

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