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NEM positions don’t just introduce themselves as another altcoin but instead a more innovative alternative to traditional asset management platforms. It provides higher transparency for users to access their assets at a lower cost. This technology has then branded as a — Smart Asset blockchain.
As NEM continues to see growing interests due to its versatility, it was once the world’s 16th largest cryptocurrency by market capitalization. However, NEM took a significant hit that nearly broke with plans to lay off and pivot. But, what went down?
Ultimately, this begs the question: What exactly is NEM, and how much XEM price movement can attribute to the legitimacy of market movement or is it just an internal struggle? So, what gives NEM?