Of course US dollar is weakened by all the inflation, but that's only a small influence on price action. If it was the primary influence, then prices of gas, eggs, milk, everything would be up by same %.
The about page on nem website is nearly empty, and other pages just fluff & eye candy. I'm actually not even sure where a person would go to get up to speed on what NEM is, how it got started, and where it's going.
I guess I can kinda see how the website was changed to separate Symbol and NEM, but now there is at least 3 websites. Nem.io, nemplatform.com, and symbolplatform.com - And each site has particular information
The true volume on exchanges is super low. Getting in under 500 sats is amazing. When Symbol starts making noise and attracting newcomers, things will get crazy. But, unless there's something amazing behind the scenes I don't know about, everything is hinging on Symbol main net going live.Until then, I'm not charting on $XEM. Just use volume & basic indicators.
BitFlyer just announced a couple of hours ago that they have listed Xem today. Biggest exchange by volume in Japan.And there is a competition for anyone that buys a certain amount of xem (or xlm) on 6th of Aug to celebrateCoverage is in Japanese for obvious reasons but google translate worksThat seems bullish for [email protected] @dsquared2https://blog-jp.bitflyer.com/n/n59e9ad3d4ee0
Fantastic news. Wonder if they will add to Bitflyer US site at some point? NEM seems to have a lot of traction problems there.If you didn’t know...Coinbase tracks NEM on their site because it’s in the top 30. They are quick to say that that that does not mean it will be added for trading though.