How come no one talks about NEM here?
because it's a shitcoin with no use case
I love NEM, I have about 1.5 bitcoin in it. Vesting my coins as we speak and soon going to harvest. Only a matter of time before it hits $1
>>2465079
>no use case
What?
>>2465057
The tech is really good, it's just kind of a boring coin I guess. There's never any hype or shilling about it, no marketing.
>>2465057
market caps too high for anons, nothing can increase once in the billions
>>2465057
If you believe the market to volume transactions ratio, it's way overvalued
ok lets pump this coin cmon boiz
>>2465262
>Market to volume transaction ratio
How do I calculater?
They are at a FinTech conference in China right now, look at their twitter account.
NEM will gain in value, just not instantly with p&d coins that some biz ppl want.
>>2465433
Take market cap, divide by daily tx volume in USD
Now compare to other Cryptos doing the same thing.
The higher the value, the more overvalued the crypto, or the more undervalued the others are
>>2465561
Thanks
>>2465561
XEM Isn't available for margin trading, which increases volume considerably. Also people vested in havesting and maintaining supernodes creates lower volatility.
>>2465561
Wouldn't a higher value more so indicate a higher volatility than just it being overvalued? A bunch of coins that go up 50%+ have high market cap to volume ratios. Good tip regardless though.
>>2465879
Oh I see what you're getting at thanks for the source btw