The cryptocurrency market, as time has shown, is cyclical and parabolic. I think the market reached its bottom in 2019, now it looks like a market reversal. As for Nem, I believe that it will grow in price, up to the snapshot.
The cyclical patterns seem to show generally on the logarithmic chart views that the market shows signs of recovery and start of bull trends a few months before the BTC halving, then post halving there is a long term organic increase in price over many months which then peaks towards the ends as FOMO sets in and everyone from your no-coiner friends to your grandma starts asking you how to buy bitcoin / crypto. Then the market crashes when there is very high volatility and extreme rapid increases in price in a short period of time, then bear market follows.
History doesn't repeat itself, but often rhymes.