We all hear about the most popular cryptocurrencies all the time. It is not unusual, for example, to hear about Bitcoin on a regular basis. However, we do not always hear about some of the other exciting cryptocurrencies that are making just as much of an impact on the landscape of the economy in general. These are currencies that play a vital role in the way that things go as well but they often receive a short shift in the media.
One of those currencies is NEM. While it may not be priced as high as some other cryptocurrencies, this does not mean that NEM does not have value. As a matter of fact, it may be an even better value for those others for the simple fact that it remains largely undiscovered up to this point.
General NEM Predictions
- NEM is an underrated cryptocurrency largely due to its lower price
- The incredibly low price that it has today makes for a potential gold mine of value going forward
- Explosive growth as once seen by Bitcoin may be available with this kind of cryptocurrency into the future
- Holding on for a number of years rather than a number of months may be the biggest way to benefit.
NEM Price Predictions For 2018
Regarding 2018, there are so many variables that could come into play with a prediction like this. What does seem pretty transparently obvious is that in about one year’s time it seems likely that this currency is going to go higher.
Look for NEM to climb higher within a twelve month period. At least some of that growth should come while still in the year 2018. If you wait around until January of 2019 or later, you may have already waited too long for it to really matter. The NEM price prediction suggests that these increases in value could come sooner rather than later.
The only other way to look at what could happen in 2018 is to imagine that NEM fades away entirely. The price is already just about a quarter per unit, so it seems like there are not a lot of downsides that could be left to bake into this currency. The only way that it could fall more would be if it goes away entirely.
NEM Price Predictions For 2020
The year 2020 may see a lot more interest in NEM as it could very well climb much higher than where it stands today. Typical estimates might be around seven to ten dollars per unit. That may not sound like a huge amount of money, but when you think about it, this does mean that it would have gone up many times its current value.
It is not likely that a person will find this kind of value when they are looking at other markets such as in stocks or bonds. They can only find these incredible returns when they go straight to cryptocurrencies. This NEM price prediction should excite you.
As a secondary NEM price prediction for the year 2020, it seems very likely that NEM will have a bumpy road to get to where it is ultimately going. This is because few expect that people are going to just latch on to this currency without question. That has never been how it has worked with any of the others, and most do not expect that this will be the case with this currency either.
Finally, we could potentially be talking about other currencies entirely in 2020 as there is an off chance that NEM goes away altogether. Its low per unit price right now has some worried that there simply isn’t enough interest in this cryptocurrency to make it stick around.
NEM Price Predictions For 2025
We must stress once again that the year 2025 is a very long time away in the world of cryptocurrencies. Bear in mind that these currencies trade all the time around the clock. Any NEM price prediction made this far out could be way off. It is not uncommon for them to see moment to moment moves that are of incredible interest to those who trade in these types of things. To ask someone where they believe cryptocurrency prices will be in the year 2025 might as well be asking them to predict where the universe will be in one-thousand years. It is so hard to say. Still, we will try to make some concrete predictions here and now.
Optimistically we can say that by 2025 the currency may be hovering around forty dollars per unit. That is a one-hundred and sixtyfold increase from where it is today. It is not outside of the realm of possibilities for that year as a NEM price prediction.
The conservative trader might stick with the predictions for 2020 as their target for the year 2025. If you wanted to say that it would trade around just seven to ten dollars per unit, you are still giving it a premium of many times what it is worth today.
Finally, you could be in the pessimistic group that believes that this currency very well could be eliminated from the map entirely by the year 2025.
NEM Volatility Review
Always remember that cryptocurrencies are volatile by their very nature and NEM price predictions are just best guesses. It is what makes them so exciting to trade on the one hand and yet also makes them difficult to predict on the other. If you are serious about getting into cryptocurrencies of any kind you should at least be aware that they are not always going to behave in the way that you think they will. Always embrace the idea that you need to only invest an amount of money that you think you can afford to lose.
As with many cryptocurrencies, the future of NEM is uncertain. That being said, it is an exciting time to be someone who is at the forefront of so many cryptocurrency possibilities. If you fail to invest today, you might be kicking yourself in the future for not having had the guts to do so. Just be aware that there is risk involved.
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