Cryptocurrencies

Text

Symbol (XYM) Coin Historical Price Trend

XYM's price has been influenced by market trends, supply and demand, and developments within the NEM ecosystem, with significant price fluctuations occurring over its lifespan.

Dec 14, 2024 at 09:31 pm

Symbol (XYM) Coin Historical Price Trend

Overview:

Symbol (XYM) is a cryptocurrency that was launched by the NEM Foundation in March 2015. It is the native token of the NEM blockchain, which is a public, permissionless blockchain that aims to provide a secure and efficient platform for businesses and users.

The XYM coin has experienced significant price fluctuations since its launch, with its value influenced by a variety of factors, including market conditions, supply and demand, and developments within the NEM ecosystem.

Factors Influencing XYM Coin Price:

Market Conditions: The overall cryptocurrency market conditions have a significant impact on the price of XYM. When the market is bullish and cryptocurrencies are generally rising in value, XYM tends to experience positive price movements. Conversely, when the market is bearish and cryptocurrencies are declining in value, XYM may see its price跌.
Supply and Demand: The supply and demand of XYM in the market also play a role in determining its price. If there is a high demand for XYM and a limited supply, the price will likely increase. Conversely, if there is a low demand for XYM and a large supply, the price may decrease.
NEM Ecosystem Developments: Developments within the NEM ecosystem can also impact the price of XYM. Positive news and developments, such as the launch of new features or partnerships, can drive up XYM's price, while negative news or events can lead to price declines.

Historical Price Trend:

The historical price trend of XYM coin can be divided into several distinct phases:

Launch and Early Adoption (March 2015 - December 2017): XYM was launched in March 2015 at a price of around $0.001. The price remained relatively stable until late 2017, when it began to experience a gradual increase as the cryptocurrency market gained traction. By December 2017, XYM had reached an all-time high of $1.88.
Market Correction (January 2018 - December 2018): The cryptocurrency market experienced a significant correction in early 2018, and XYM's price followed suit. The coin saw a sharp decline in value, falling to a low of $0.14 in December 2018.
Steady Growth (2019 - 2020): XYM's price stabilized in 2019 and began to experience a gradual increase throughout 2020. This growth was driven by the ongoing development of the NEM ecosystem and the increasing adoption of XYM for various use cases.
Bull Run and Price Surge (2021): The cryptocurrency market experienced a major bull run in 2021, and XYM's price reached new highs. The coin surged to a peak of $1.31 in May 2021, buoyed by the overall bullish market sentiment and positive developments within the NEM ecosystem.
Market Downturn and Price Decline (2022 - Present): The cryptocurrency market entered a bearish phase in early 2022, and XYM's price declined along with the rest of the market. The coin has continued to experience price fluctuations throughout 2022 and 2023, and its current price is around $0.12.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

ANT

$3.5129

56.27%

Trade Now
HONEY

$0.0939

37.66%

Trade Now
KOMA

$0.1678

31.39%

Trade Now
LUNA

$0.1126

31.36%

Trade Now
DEXE

$13.0355

31.07%

Trade Now
VIRTUAL

$3.0054

29.71%

Trade Now

Latest Crypto News

Web3Bay: The Next Big Thing in E-commerce
2024-12-24 06:35:02
PNUT, Notcoin, and 1Fuel: The Meme Coins Tipped to Explode in 2025
2024-12-24 06:35:02
Analyzing 5 Altcoins Under $1 That Could Bring Big Gains This Holiday Period
2024-12-24 07:05:02
Catzilla Set to Lead the Top Meme Coins to Surge If Bitcoin Reaches $125,000
2024-12-24 06:55:01
The Rise of Hawk Tuah Meme Coin: Cultural Significance Meets Cryptocurrency Innovation
2024-12-24 06:45:02
The 4 Best New Meme Coins to Invest in December 2024: BTFD, BOME, DEGEN, NEIRO
2024-12-24 06:35:02

Related knowledge

How to import Alkimi (ADS) coins into wallet

Dec 24,2024 at 06:49am

Key Points:Understanding Alkimi (ADS) and its unique featuresSelecting a suitable wallet for ADSStep-by-step guide to importing ADS coins into your walletCommon errors and troubleshooting tipsHow to Import Alkimi (ADS) Coins into Wallet1. Understanding Alkimi (ADS)Alkimi (ADS) is a cryptocurrency that utilizes the Ethereum blockchain to provide a decent...

Learn how to obtain Request (REQ) coins in one article

Dec 24,2024 at 07:03am

Key Points:Understanding Request Network and the REQ TokenMethods of Acquiring REQ Tokens:Purchasing on Centralized ExchangesDecentralized Exchange SwappingParticipating in Initial Coin Offerings (ICOs)Earning through Staking and Liquidity MiningAirdrops and GiveawaysUnderstanding Request Network and the REQ TokenRequest Network is a decentralized payme...

Is Gods Unchained (GODS) Coin Worth Investing Now?

Dec 24,2024 at 06:37am

Key Points:Gods Unchained (GODS) provides a play-to-earn model that rewards gamers for their participation.The game offers ownership of digital assets, creating potential for value appreciation.Gods Unchained has a strong development team and a growing community.The coin's value is influenced by factors such as market sentiment, game performance, and ov...

Gods Unchained (GODS) Coin Appreciation Potential

Dec 24,2024 at 06:56am

Key PointsGods Unchained (GODS) is a play-to-earn, collectible card game that enables players to own and collect digital cards.GODS' appreciation potential is attributed to its unique gameplay, economic model, community engagement, and strategic partnerships.Players can earn GODS tokens through gameplay, participation in tournaments, and staking.The tok...

How to buy Request (REQ) coins on PancakeSwap?

Dec 24,2024 at 06:35am

A Comprehensive Guide to Purchasing Request (REQ) on PancakeSwapKey Points:Understand the requirements and prerequisites for using PancakeSwap.Identify the best exchange to purchase Binance Coin (BNB), which will be used for gas fees.Set up a PancakeSwap account and add Binance Smart Chain (BSC).Convert BNB to Binance-Peg Request (bREQ).Safely store REQ...

Detailed buying, selling and trading tutorial of Kujira (KUJI) currency (detailed graphic and text explanation)

Dec 24,2024 at 06:36am

Key Points:Understanding the Basics of Kujira (KUJI)Creating a Wallet to Store KUJIFunding Your Wallet with Supported CryptocurrenciesBuying KUJI on ExchangesSelling KUJI on ExchangesSwapping and Trading KUJI on Decentralized PlatformsStaking KUJI for RewardsOverviewKujira (KUJI) is a Proof-of-Stake (PoS) cryptocurrency protocol built on the Cosmos netw...