No it's normal range.  If NEM was declining for real then there would be a lot of dissent.  It's quite the contrary.  It's extremely quiet at the moment.  NEM has little discussion activity since alpha is out and this time of year many people are taking their three to eight week vacations.


  What happened was hype drove up the NEM price to 35,000 NxT and now it's correcting to around 25,000.  Volume did skyrocket but that's normal during a correction, as there's money made day trading between every down and up hiccup.

Not a day trader by the way - just saying for what it is and every alternate follows this pattern.  It's currently a good opportunity to buy as, when subsequent alpha updates are released, NEM will likely hit 40K.