nem is officially in the shitter. I hope it can climb back out.. but as of now nem has retraced or given back almost 100% of the gains it made in dec/jan...
that is pathetic. Many of the others have suffered pretty big setbacks as well, but not 100% worth. I hope the bleeding stops soon. Nobody seems interested in the coin, volume is a pathetic $17 million.. not many are buying or selling and there is zero hype or interest it seems.
I wonder if nem blew its wad during that $2 runup and will take years to recover.. hopefully not because it will be forgotten if that is the case.
nem coin has almost 4 years. It's a pretty long time for a coin in cryptoworld. I think that we don't have to worry so much. We just wait until more and more app will start running on xem's blockchain and wait until the memory of the hack will be gone.
Without catapult new app wil not inculcate nem in their projects. Also investors are tiered waiting for catapult, which was postnoned many times.