Strange days here. NEM keeps sliding lower on tiny volumes. Feels like we need catapult ASAP or this coin will fall into irrelevance.
http://www.alexa.com/siteinfo/nem.ioThe biggest change is NEM presence in Japan has fallen off the face of the Earth. NEM was top 10,000 in Japan and it has sunk below top 30,000.
NEM has pretty much been sidelined out of Japan by Ripple in the last month or so. You all better be praying that the Catapult release and Takao Asyama can bring NEM back in Japan.
When people say weak marketing they don't mean NEM versus shitcoins. NEM has better marketing than almost all crypto projects (even Dash and Monero these days).
The problem is NEM can't be playing second fiddle to Ethereum in USA / UK and second fiddle to Ripple in Japan ~ it's just not healthy for long term growth.
For every conference Vitalik Buterin attends - NEM pretty much needs its' own person and also hit up the ones where Vitalik doesn't go, either.
I don't think you can make a world crypto by being #1 in 2nd world countries, where NEM has been doing well for a long time, like Spain and Malaysia ~ sad to say ~ unless millions within those countries start using NEM but such a high localized use would make it highly political (e.g., how long until Spanish and Malaysian government tries to shut you down).
I don't think it really matters to be #1. The current #1,2,3,... are very important to other cryptos at #10,11,12,.... NEM is not really competing with any other crypto. NEM has it own very unique features and foundation that makes NEM stands alone with no competition. It is just the potential of NEM is not fully unleashed yet. Sooner or later the giant is gonna wake up and we don't really care when. Let the giant rest for a while. Catapult will indeed wake UP the giant