Crypto Market News

NEM (XEM) Showcases Double Digit Gains as Crypto Market Leader [XRP, Stellar, Ethereum] Slow Down

The beginning of the week for the virtual asset market is performing slower with few exceptions as sellers are tanking bulls from continuing the previous seven days gain. As Ethereum World News team covered pieces related to the price changes throughout the crypto-verse while predicting the outcome, various coins had tremendous experienced tremendous gains.

One of them being Ripple’s XRP which doubled its value against the US Dollar in a matter of days. Leading coins including Ethereum [ETH] and Bitcoin [BTC] followed XRP’s bull run, however at the end of the week returned to their previous standings. The pair XRP/USD on Sep 25th was changing hands at $0.4300 while now it is balancing out at $0.5600.

Read Also: Ripple’s xRapid Goes Live With 3 Financial Institutions, XRP Adoption Incoming

NEM – XEM/USD Today’s Winner

The 17th largest coin by market capitalization NEM has reached the $0.1100 mark by increasing its value against the USD by 11.20% in the last 24-hours. The mentioned level has not been seen by its HODLers since the rigorous sell-off that took place beginning of September. So similar to other tokens which have already set quite some well recovery steps, it could be looking very positive for XEM/USD forward.

NEM XEM Trading

Source: coinmarketcap – Monthly performance

– End of August, NetCents, a next generation online payment processing platform for consumers and merchants, has announced the addition of the following five digital assets to its Merchants Gateway. One of them being NEM. This addition is as a result of upcoming Partner and Merchant requests at the firm.

  • Verge (XVG)
  • Tron (TRX)
  • ZenCash (ZEN)
  • Bitcoin Cash (BCH)
  • NEM (XEM)

“By adding these new coins to the Merchant Gateway, we are giving our merchants and partners greater flexibility and control in how they accept cryptocurrency payments from their customers. Our goal is to facilitate cryptocurrency as a daily transactional currency. By giving our merchants access to the coins that they would like to accept, we hope to foster greater adoption of cryptocurrency as a payment method” – Clayton Moore CEO

– After launching the Largest Blockchain Center In Asia, NEM (XEM) which on blockchain technology that delivers industry-leading transaction rates for internal ledgers, has in the same month announced it is launched two blockchain hubs in Australia And New Zealand with a whooping sum of $100 Million AUD.

The post NEM (XEM) Showcases Double Digit Gains as Crypto Market Leader [XRP, Stellar, Ethereum] Slow Down appeared first on Ethereum World News.