XEM Price Analysis March 2022

XEM is a coin of the Symbol platform. Its current price is around $0.09413 by the time of writing, with a low of $0.08561 in 2021, and has a market cap of 847 million dollars.

What is The Symbol Platform?

The symbol is a trusted and secure enterprise blockchain that cuts business friction, increasing the flow of data & innovation to help you create, trade, protect assets more efficiently. It’s purpose-built to reimagine old processes with smarter technologies and straightforward workflows.

David Shaw founded it in 2015. It is a blockchain platform that promises to build a better cryptocurrency network. To achieve this, they deploy the POI and harvesting mechanisms. Unlike regular cryptocurrency networks like Bitcoin, which use either POW or POS, NEM prefers POI for consensus.

What is XEM?

XEM is the coin of the platform Symbol, which was around $0.09413 by the time of writing, with a low of $0.08561 in 2021. It currently ranks 84th according to CoinMarketCap, with 847 million dollars in market cap.

XEM reached a high of $0.5252, with a low of $0.08561. XEM is a cryptocurrency and blockchain that supports New Economy Movement. It is one of the oldest blockchain projects and has stood the test of time, showing that it’s still worth investing your hard-earned money in.

XEM Coin Market Analysis 

XEM has a max supply of 8,999,999,999 coins worth around $0.09413 with a market volume of 13 million dollars, whereas the market capitalization is 847 million dollars at writing. 

XEM Price Prediction

On the 1D timeframe, $XEM/USDT was trading in a downtrend, and we can see that the XEM price action is formed out of the Descending triangle pattern where the price action consolidates in the pattern zone.

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Xem March 2022 Charts
XEM March 2022 Charts
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Pratyaksh