NEM / BitcoinLong
BUY/HOLD Recommendation for New Economy Coin XEM
Updated
The New Economy Coin has a long history relative to other altcoins and has recently shown exponential gains in price. It is my recommendation to buy or hold this interesting alt. The coin features are unique such as NEM's multisig solution (details can be found on the coin's website at nem.io/ ). Encrypted messaging is also an interesting feature. Of course this can be done with a multitude of platforms, XEM has the regular features with some 'Easter Eggs' to boot.
Japan has recently legislated BTC is able to be accepted at retail outlets throughout the country, and it is logical to think other alts will follow.
XEM is also the 4th most popular alt at this time in Japan, arguably a leader in the cryptocurrency space.
XEM has a unusually high circulation with a total supply of 8,999,999,999 XEM non-mineable coins. The total circulation is the same, accounting for the relatively low price to BTC ratio. The penultimate supply of coins will stay at 8,999,999,999.
It is my recommendation to hold or buy XEM for a targeted gain of .00021000 BTC.
This recommendation should not be considered investment advice, and is targeted to experienced and interested parties. You are responsible for your own decisions. Please consult a financial professional before investing. Any investment carries a degree of risk, and while the cryptocurrency market is becoming more widely accepted there are many risks involved.
Japan has recently legislated BTC is able to be accepted at retail outlets throughout the country, and it is logical to think other alts will follow.
XEM is also the 4th most popular alt at this time in Japan, arguably a leader in the cryptocurrency space.
XEM has a unusually high circulation with a total supply of 8,999,999,999 XEM non-mineable coins. The total circulation is the same, accounting for the relatively low price to BTC ratio. The penultimate supply of coins will stay at 8,999,999,999.
It is my recommendation to hold or buy XEM for a targeted gain of .00021000 BTC.
This recommendation should not be considered investment advice, and is targeted to experienced and interested parties. You are responsible for your own decisions. Please consult a financial professional before investing. Any investment carries a degree of risk, and while the cryptocurrency market is becoming more widely accepted there are many risks involved.
Note
TheMerkle.com has come out with an interesting article regarding XEM regarding the 'Proof of Importance'.. worth the quick read... themerkle.com/what-is-proof-of-importance/?utm_medium=push&utm_source=onesignal&utm_campaign=traffic boost&utm_content=extended %traffic%boostNote
Mentioned in Quoraquora.com/Which-cryptocurrency-has-the-best-tech/answer/Brian-Schuster-5?srid=T8Os
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