NEM is part of the biggest exchange trading competition.
NEM (XEM) has established itself as a renowned crypto asset in the market over the years. NEM has made quite a growth, soaring up to 180% this year, so far. With crypto enthusiasm all around, digital currencies have stated their dominance in the market.
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Since the start of 2021, NEM has been focusing to take part in the FIN/SUM (finsum.jp) event in March 2021. Moreover, XEM is will also host blockchain-themed workshops and will sponsor a blockchain-related start-up pitch.
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What’s Next?
NEM is one of the most active cryptos in the market and has been involved in various events. With the launch of Symbol, a platform that offers the best blockchain, approximately $10,000 worth of XEM would be given away to Symbol users. The campaign will run from 10:00:00 on March 4, 2021, to 10:00:00 on March 11, 2021 (UTC).
Recently, NEM announced that the global payment solution provider for cryptocurrency, Moonpay has integrated XEM/USD into its global payment solution. Moonpay platform is simple, painless, and powerful to integrate. It is a fiat on-ramp that allows mobile and web developers’ users to purchase digital currencies via credit card.
In a tweet, NEM mentioned:
“We are delighted to share that Moonpay has integrated $XEM into their global payment solution.”
This collaboration will boost the strength of the NEM ecosystem and allow crypto wallets, apps, and websites with a complete on-and-off-ramp solution.
Earlier this year, NEM partnered with Nikkei Sangyo Kokokusha, part of the Nikkei Group. This deal will help NEM to expand its ecosystem across Japan and work with Nikkei Sangyo Kokokusha to build the NEM brand and support the launch of Symbol.
The crypto users will get to know about NEM and how it plays a key role in driving mainstream enterprise adoption of blockchain around the world. The partnership will focus on building awareness regarding the NEM ecosystem.
In that premise, NEM has also collaborated with Good Cryptoto offer a smooth and rememberable experience for XEM traders. Moreover, this partnership will help the portfolio management for XEM users—making things easier.
Under the deal, Good Crypto will cover Symbol, too, and the new token will be added to portfolio managers at the time of launch.
The company has been anticipating the launch of Symbol for some months now. They want to make this mainnet launch go big in the market.
Apart from this, NEM has been working on the re-launch of the virtual incubator program “Ignite.” The first cohort of the program is set to begin on 22 March 2021. Furthermore, earlier in January, NEM reported that it has two new investmentsDeFi, Stakehound; a platform that brings together staking (namely, staked XEM/XYM), and Propine; a digital securities services firm.
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Conclusion
NEM (XEM) is planning bigger things for this year and with the growth of the crypto market, it is expected to make big gains, risks aside. As we write this, NEM was trading at $0.8077 up by 10.32% and 4.26% against BTC.