I first got into XEM not long after it's launch back in 2018. These were still in some respects the glory days of Crypto. Even though the bear market was kicking in there was still an air of excitement in the space.
There was also still plenty of money sloshing around in the cryptosphere. Although the doomsayers were predicting a long and brutal crypto winter, many believed we were just seeing a short correction phase after the explosive highs of the previous year.
Boy, how wrong were we.
Anyway, XEM was looking like a smoking hot contender at the end of 2017 going into 2018 almost touching 2 dollars in price.
Then the Japanese crypto exchange, Coincheck suffered a hack in which over 500 million XEM coins were stolen, the price took a hit and the bear market did the rest.
Little more than a year later and the price was 3 cents.
Like many coins it looked as if the bear might be the end for XEM.
A chart we are no doubt all quite familiar with as the whole market suffered almost the same fate.
But things seem to be turning around.
Look here.
With a number of clever partnerships and promotions ongoing including the rewarding of XEM cashback if used as payment on Travala, the future is looking very bright for this coin.
https://twitter.com/NEMofficial/status/1336695846088433664?s=20
- NEMofficial
I have added a little more to my stack. I just have a feeling.
Lots more info
can be found here - https://nem.io/