Prediction of Nem Coin Future Value by Analyzing it’s Price Chart
Nem (New Economy Movement) is more than just encrypting electronic money. More importantly, it is a comprehensive peer-to-peer platform that provides for services such as payment, information exchange, asset management and naming. As NEM evolves, more valuable service models will be introduced.
Nem Coin Future Value forecast: NEM prices have shown signs of rapid growth but are unstable
We can see from the nem coin price chart that nem price in 2018 is not very good. After hitting an all-time high of $1.7 at the end of last year, from the beginning of 2018, it began to fall all the way. Currently, NEM prices have fallen to $0.19. In the world of cryptocurrencies, the volatility of nem price is still the highest.
However, on the other hand, in the past month, the nem price was generally positive. It has grown by 15.9% in 24 hours. But so far, it is still not stable.
Another trend worth noting is that the nem price has risen due to the strong growth of NEM/BTC. However, this does not mean that NEM price will continue to increase rely on Bitcoin growth indefinitely, but this is a trend worthy of attention. As most people who invest in altcoin , they will increase their BTC holdings first.
It is unclear how is the nem coin future value. It now appears that the price increase of NEM will end sooner or later. Even so, the actual decline may not be as steep, it depends on how the price of bitcoin will evolve over the next few days. Of course, if we see it in a long-term perspective, not a short-term profit, NEM is still a currency worth investing.