NEM Review: Rising XEM prices pending launch details Catapult

The NEM (XEM) cryptocurrency retreated to 21st position in the global cryptocurrency rating, despite a strong growth impulse. NEM added almost 7% in the last 24 hours and more than 10% in seven days; at the time of writing, cryptocurrency is trading at $ 0.053. The market capitalization of NEM is more than $ 479 million, while the average daily trading volume remains at $ 15 million.

Earlier this month, the NEM founders published an update on the project’s developments. Now the community is waiting for more information on launching Catapult.

Catapult is a blockchain engine that can be used in both public and private networks. It is assumed that it will become the main engine of NEM.

The company said in its blog that at the end of the month it will provide data on the launch plan Catapult.

Currently, initial XEM / USD support is being created by the DMA100 at $ 0.0523. After the breakdown, the sale may continue to $ 0.05 and $ 0.0457 (DMA50).

On the other hand, the next important barrier is the psychological level of $ 0.06, followed by a gain of $ 0.07 on the DMA200.

And what do you think about NEM (XEM) cryptocurrency?