It look like the ice age for NEM could be behind us, the price seems to be stabilizing.
NEM should be pumping a lot harder actually. TRON is way ahead in market cap which is just fucking crazy. Don't even get me started on the vaporware EOS and Cardano. Sadly this is going to continue until NEM actually sees real world use - that won't be necessary for the other ones because they are only about pump and everyone knows it. Sometimes I wonder how NEM managed to completely avoid the most striking facet of crypto while being the best blockchain around. It is literally invisible and never, ever discussed anywhere. How the hell did NEM blow their PR THAT bad? All they need to do is go and shill a bit in /r/cryptocurrency for a while but they can't be bothered. Mind boggling and very lazy.
Nems performance during this pump has been pathetic. Price and volume was better when coincheck started repaying funds vs now, total market cap was way lower than it is now. Hopefully we will see some positive momentum soon.
I'm very afraid this will be the same story when Catapult releases. Pure P&D not lasting more than 3 days with no lasting gains. This is the precedent the totally inept Lon Wong has set. Unimaginable how they could take something so great and fuck it up so hard. Glad he is gone at least but still no real signs of life or larger communication. They need the momentum BEFORE the release so it has follow-through.