Since it first started trading in 2015, the price of XEM, the native cryptocurrency of the NEM network, increased by 5,729%.
In this article, we are going to examine NEM price predictions for 2023, 2024, 2025, and 2030 and try to determine whether NEM can reach $ 10.00.
NEM price prediction key takeaways
NEM price prediction 2023
According to our NEM price prediction for 2023, XEM is expected to trade between $ 0.023742 and $ 0.028457, with an average price of $ 0.025058. At the end of the year, XEM is expected to trade at $ 0.028457.
NEM price prediction 2024
NEM is forecasted to reach a high of $ 0.037470 next year, with an average XEM price of $ 0.025682. On the low end, NEM is expected to bottom out at $ 0.021628 in 2024. By the end of the year, we could see NEM change hands at $ 0.023863.
NEM price prediction 2025
In 2025, NEM could see a peak price of $ 0.024583 and a low of $ 0.021313. The average NEM price prediction for 2025 is $ 0.022480. By year’s end, XEM is expected to trade at $ 0.021417.
NEM price prediction 2030
On a longer time scale, our NEM price forecast for 2030 projects XEM to reach a maximum price of $ 0.008632. Conversely, XEM could trade as low as $ 0.002599 during the year, whereas the average NEM price is predicted to move around $ 0.004108. By the end of 2030, NEM is predicted to trade at $ 0.002709.
NEM (XEM) overview
| Cryptocurrency | NEM |
|---|---|
| Ticker | XEM |
| Market Cap | $ 217.78M |
| 24H Trading Volume | $ 10.16M |
| Circulating Supply | 9.00B |
| Total Supply | 9.00B |
| 7-Day Price Change | -0.59% |
| 1-Month Price Change | -19.15% |
| 1-Year Change | -47.55% |
| NEM ROI | 5,729% |
| All-Time High | $ 2.09 |
| All-Time Low | $ 0.000079 |
With a circulating supply of 9.00B XEM, the NEM cryptocurrency project commands a market cap of $ 217.78M, good for the 125th spot in the crypto market.
In the last 24 hours, $ 10.16M worth of XEM changed hands across 39 crypto exchanges, with Binance accounting for the largest share of XEM trading volume.
NEM price history
The price of NEM has been trending in the negative direction in the past 24 hours, decreasing by -2.37% to $ 0.024198. In the past week, NEM’s price lost -0.59%.
In addition, NEM lost -19.15% in the past month, having traded in the green zone in 12 of the last 30 days.
On a longer time horizon, Cardano saw negative price activity in the last 3 months, underscored by the -19.15% move to the bottom. Meanwhile, the price of XEM decreased by -47.55% in the past year. Overall, NEM is trading up 5,729% since it first started trading in 2015.
NEM technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding NEM is currently bearish, with high volatility score of 6.98% (volatility is a measure of an asset’s price fluctuations).
NEM is changing hands above the 200-day simple moving average (SMA), a common bearish signal. Also, the price of XEM is currently above the 50-day SMA, which is widely regarded as a bearish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 40 (Fear). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 42.59, indicating that XEM is changing hands in undervalued zone. Overall, there are 2 technical analysis indicators that indicate bullish market activity, and 28 that forecast bearish activity for NEM.
NEM price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 0.023742 | $ 0.025058 | $ 0.028457 |
| 2024 | $ 0.021628 | $ 0.025682 | $ 0.037470 |
| 2025 | $ 0.021313 | $ 0.022480 | $ 0.024583 |
| 2026 | $ 0.019907 | $ 0.020280 | $ 0.021392 |
| 2027 | $ 0.019499 | $ 0.020048 | $ 0.023092 |
| 2028 | $ 0.009711 | $ 0.026406 | $ 0.075165 |
| 2029 | $ 0.008407 | $ 0.013183 | $ 0.021920 |
| 2030 | $ 0.002599 | $ 0.004108 | $ 0.008632 |
According to our long-term NEM prediction, the cryptocurrency is expected to reach a high point of $ 0.075165 at some point in January 2028. On the other end of the spectrum, NEM could bottom out at $ 0.002599 in September 2030. Per the prediction, NEM will have the highest average price of $ 0.026406 in 2028.
With a brief overview of NEM price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for XEM.
NEM price prediction 2023
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.023742 | $ 0.024720 | $ 0.026075 |
| November | $ 0.024117 | $ 0.024441 | $ 0.024925 |
| December | $ 0.024344 | $ 0.026349 | $ 0.028457 |
This year, NEM is expected to trade in a price range between $ 0.023742 and $ 0.028457, with the average price of $ 0.025058 per XEM coin. The price of XEM is expected to increase by 17.6% by the end of the year.
NEM price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 0.023992 | $ 0.024903 | $ 0.026075 |
| October | $ 0.023742 | $ 0.024355 | $ 0.024925 |
| November | $ 0.024117 | $ 0.024577 | $ 0.025617 |
| December | $ 0.025197 | $ 0.028525 | $ 0.032872 |
| February | $ 0.026999 | $ 0.031988 | $ 0.037470 |
| February | $ 0.026787 | $ 0.027866 | $ 0.029541 |
| April | $ 0.025505 | $ 0.028067 | $ 0.030273 |
| May | $ 0.024285 | $ 0.026774 | $ 0.028122 |
| June | $ 0.023025 | $ 0.023526 | $ 0.024257 |
| June | $ 0.021628 | $ 0.022356 | $ 0.023151 |
| July | $ 0.021800 | $ 0.022211 | $ 0.022726 |
| August | $ 0.022315 | $ 0.023105 | $ 0.023721 |
In 2024, NEM is forecasted to trade in a price channel between $ 0.021628 and $ 0.037470. On average, XEM is expected to change hands at $ 0.025682 during the year. The most bullish month per XEM could be January, when the currency could trade 54.85% higher than today.
NEM price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.023246 | $ 0.023772 | $ 0.024205 |
| November | $ 0.022386 | $ 0.023377 | $ 0.024583 |
| November | $ 0.022200 | $ 0.022969 | $ 0.023483 |
| December | $ 0.022677 | $ 0.023351 | $ 0.024164 |
| February | $ 0.022639 | $ 0.023415 | $ 0.023952 |
| March | $ 0.022086 | $ 0.022450 | $ 0.023307 |
| April | $ 0.021913 | $ 0.022178 | $ 0.022433 |
| May | $ 0.021389 | $ 0.021708 | $ 0.021953 |
| May | $ 0.021550 | $ 0.021726 | $ 0.021932 |
| June | $ 0.021313 | $ 0.021490 | $ 0.021693 |
| July | $ 0.021353 | $ 0.021684 | $ 0.022051 |
| September | $ 0.021417 | $ 0.021610 | $ 0.022034 |
Generally speaking, NEM price prediction for 2025 is bearish. The XEM cryptocurrency is forecasted to hit a high point of $ 0.024583 in October and reach a low of $ 0.021313 in June. Overall, NEM is expected to trade at an average price of $ 0.022480 in 2025.
NEM price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.004147 | $ 0.007094 | $ 0.008632 |
| October | $ 0.004381 | $ 0.004878 | $ 0.005589 |
| November | $ 0.003520 | $ 0.003951 | $ 0.004693 |
| December | $ 0.003492 | $ 0.003776 | $ 0.004305 |
| January | $ 0.004101 | $ 0.004600 | $ 0.004877 |
| March | $ 0.004118 | $ 0.004555 | $ 0.005092 |
| April | $ 0.003728 | $ 0.004056 | $ 0.004373 |
| April | $ 0.003705 | $ 0.003780 | $ 0.003854 |
| May | $ 0.003428 | $ 0.003584 | $ 0.003746 |
| July | $ 0.002856 | $ 0.003249 | $ 0.003826 |
| July | $ 0.002942 | $ 0.003036 | $ 0.003116 |
| September | $ 0.002599 | $ 0.002797 | $ 0.003121 |
In the long term, NEM could reach a price of $ 0.008632 in September. That’s a rather optimistic scenario, as XEM could trade as low as $ 0.002599 in September. Overall, XEM’s price is projected to hover at around $ 0.004108 in 2030, about -83.02% below the current price of $ 0.024198.
NEM price prediction FAQs
According to InvestMage’s prediction, NEM could gain as much as 210.63% by 2028, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see NEM either surpass or not reach the price targets outlined in this article.
NEM would need to gain 41,326.25% to reach $ 10.00.
In 2023, NEM is predicted to trade in a price range between $ 0.028457 and $ 0.023742, with the average price being $ 0.025058. The average price is about 3.56% higher than NEM’s current price.
NEM is projected to trade in a price range between $ 0.037470 and $ 0.021628, with the average price of $ 0.025682 throughout the year. The price of NEM is expected to increase by 6.13% in 2024 (compared to NEM’s current price).
NEM is forecasted to change hands in a price channel bound by $ 0.024583 on the high end and $ 0.021313 on the low end. NEM is expected to have an average price of $ 0.025682 in 2025, which is about -7.1% lower than NEM’s current price of $ 0.024198.
The NEM price algorithm predicts that XEM will move between $ 0.008632 and $ 0.002599 in 2030, with the average price being $ 0.004108, about -83.02% lower compared to XEM’s current price.
According to the InvestMage predictions, NEM is expected to go up in value by 6.13% by next year. In 2024, the XEM cryptocurrency could trade down -7.1% compared to today. By 2030, NEM’s price is expected to decrease by -83.02%, and reach $ 0.004108.
The price of NEM is algorithmically predicted using historical market price data for XEM and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
