Latest NEM (XEM) News Update

Deep Dive

1. Ghost Chain Status (11 August 2025)

Overview:
Binance delisted XEM in June 2024, citing weak liquidity and development, a decision highlighted in recent analyses of “ghost chains.” These are blockchains with minimal usage, developer activity, or community engagement. XEM’s daily transactions and ecosystem activity remain critically low, aligning with this classification.

What this means:
This is bearish for XEM because ghost chain labels erode investor confidence and deter new projects from building on the network. Reduced exchange support further limits liquidity, creating a cycle of declining relevance. (CoinMarketCap)

2. EXMO Delisting (20 July 2025)

Overview:
EXMO removed XEM from its platform on 20 July 2025, following similar moves by Dex-Trade (June 2024) and others. The exchange cited low liquidity and trading volume as key reasons, urging users to withdraw holdings pre-delisting.

What this means:
This reflects diminishing market demand and institutional confidence in XEM. Repeated delistings reduce accessibility, pressuring existing holders and amplifying sell-side risks during exit scrambles. (EXMO)

3. Price Surge Fades (23 July 2025)

Overview:
XEM spiked 70.9% in a week ending 23 July 2025, briefly reaching $0.00124. However, gains reversed swiftly, with the token down 17% over the past week and 54% over 60 days as of 14 October 2025.

What this means:
The rally lacked fundamental drivers, likely driven by speculative altcoin rotations. With turnover at 0.222 (low liquidity), such volatility highlights XEM’s susceptibility to pump-and-dump cycles rather than sustained growth. (CoinMarketCap)

Conclusion

XEM faces existential risks from ghost chain stigma and evaporating exchange support, overshadowing transient price jumps. While its Proof-of-Importance consensus once differentiated it, stagnant development and liquidity erosion raise a critical question: Can NEM reignite network participation before becoming crypto’s next cautionary tale?

Deep Dive

1. @EXMO: Delisting XEM due to liquidity crunch bearish

“EXMO will delist XEM on 20 July 2025 after terminating deposits on 13 July. Low liquidity and anonymous token concerns drove this decision.”
– EXMO (1.2M followers · 18K impressions · 2025-07-20 00:00 UTC)
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What this means: This is bearish for XEM because losing exchange support reduces accessibility and signals dwindling demand, compounding its -54.88% 60-day price decline.

2. @CoinMarketCap: XEM labeled a “ghost chain” bearish

“Binance delisted XEM in June 2024 alongside WAVES and OMG due to stagnant development and low usage—classic ghost chain traits.”
– CoinMarketCap (12.8M followers · 210K impressions · 2025-08-11 10:15 UTC)
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What this means: This is bearish for XEM because the ghost chain label erodes investor confidence, reflected in its -93.11% yearly price drop and $11.17M market cap.

3. @CoinCasino: Niche gambling utility mixed

“XEM isn’t directly accepted at casinos, but users convert it to BTC/ETH for platforms like BC.Game and BitStarz, leveraging its fast transactions.”
– CoinMarketCap (12.8M followers · 45K impressions · 2025-06-18 00:00 UTC)
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What this means: This is neutral for XEM because while it highlights transactional utility, reliance on conversions to mainstream cryptos limits organic demand growth.

Conclusion

The consensus on XEM is bearish, driven by exchange exits and inactivity concerns, though niche gambling use offers minor counterbalance. Watch the circulating supply (8.99B XEM, 100% unlocked)—any token burns or staking mechanisms could signal revival efforts amid its -48% 30-day slump.

Deep Dive

1. No Confirmed Roadmap Items (2025)

Overview: The last public roadmap discussions occurred in 2019, focusing on the Catapult upgrade and business development frameworks. No official updates have been released since, and community forums show no recent technical or strategic plans.

What this means: This is bearish for XEM because the absence of a clear roadmap reduces investor confidence and limits utility-driven demand. Projects without visible development often struggle to retain market relevance.

2. Exchange Delistings Signal Risks

Overview: Dex-Trade and EXMO delisted XEM in 2024–2025, citing low liquidity and trading volume (EXMO). Binance also removed XEM in June 2024, classifying it alongside inactive “ghost chains.”

What this means: This is bearish for XEM because delistings reduce accessibility, liquidity, and institutional trust. Declining exchange support often correlates with diminished retail interest.

3. Ghost Chain Concerns

Overview: Analysts label NEM a “ghost chain” due to minimal on-chain activity, developer commits, and ecosystem growth (CoinMarketCap). The network’s Proof-of-Importance (PoI) mechanism hasn’t driven meaningful adoption.

What this means: This is bearish for XEM because stagnant networks struggle to attract developers or users, creating a negative feedback loop. Without revitalization efforts, XEM risks further irrelevance.

Conclusion

NEM’s lack of a published roadmap, combined with exchange exits and inactivity, suggests the project is in decline. While past innovations like Catapult were ambitious, recent years show no progress to counter bearish sentiment. Investors should monitor developer activity and partnership announcements for signs of revival—though current data offers little optimism. How might regulatory shifts or community-led initiatives alter this trajectory?

Deep Dive

1. Testnet & Mosaic Updates (April 2025)

Overview: The last major codebase update introduced features for testnet optimization and mosaic supply tracking.
The April 2025 GitHub release (NemProject/nem) added a new NEM testnet, endpoints to query historical mosaic supplies, and fixes for block beneficiary tracking. For example, the /local/mosaic/definition/supply endpoint allows users to check expired mosaics, improving transparency for asset management.

What this means: This is neutral for XEM because while the updates refined niche technical functions, they lacked user-facing improvements or ecosystem expansion.

2. Low Development Activity (2024–2025)

Overview: Multiple reports classify NEM as a “ghost chain” due to stagnant GitHub activity and minimal commits.
Analyses from CoinMarketCap and Cointelegraph highlight dwindling developer engagement since 2024, with no significant code changes post-April 2025.

What this means: This is bearish for XEM as inactive development erodes trust in the project’s long-term viability, compounding liquidity and adoption challenges.

Conclusion

NEM’s codebase has seen only minor technical tweaks since April 2025, with development momentum near-zero amid exchange delistings and community disengagement. While the blockchain remains operational, the absence of upgrades or ecosystem growth suggests stagnation. How might renewed developer interest or partnerships alter this trajectory?