XEM Coin to reach the price of $2 in few days
Most of the people were skeptical about investing in cryptocurrency before the recent development of Bitcoin which gained a great market share in 2 months while priced at 1BTC = $19000. Recently the news broke out about XEM coin to be integrated with wechat and ripple to be accepted in Japan. Since the news broke out, the coin started the trend of going up in cryptocurrency market.
While priced at 0.5600 USD a few days ago (3 days), XEM has now reached a record high of $1.1198. While studying the past market trends, it has been observed that the best time to invest in cryptocurrency is before the start of a new year. Considering the amount of fame that cryptocurrency has scored in the recent times due to Bitcoin spike, we believe that cryptocurrency is soon going to be a reality of cyber funds exchange.
Talking more about the recent partnership of WeChat and XEM, we would like to highlight that there has been no official statement from Wechat but XEM can be an addon in the wechat system. We are still waiting for an official statement from XEM as well.
By saying all of it, we would like to inform the readers that investing in cryptocurrency is a risk and investing your savings is a foolish deed. if you want to invest in NEM or any other coin, December 2017 is the best time to invest but start with a little amount and go big regardless of investing your savings since cryptocurrency is still a bubble that can burst at any point from now and onwards. Rumours are there that cryptocurrency would be widely accepted by the financial institutions but its still a very vague statement.