Published on May 18th, 2017 | by bitcoin0
NEM Passes Litecoin Thanks to 55% Growth on Thursday
New Economic Movement (NEM)’s XEM token is leading the latest altcoin charge with an astonishing 2000 percent growth since March.
As of press time on Thursday, NEM, which has traded most of its three-year life at between $0.0001 and $0.001, is now worth just over $0.17.
Its 24-hour gains are close to 55 percent.
Data from CoinMarketCap confirms the astronomical growth, most of which has occurred in 2017, with a chart more vertical than even high flyers Ethereum and Dash.
NEM’s growth is an exaggerated version of the growth pattern of many altcoins this year.