It was a shitty clone where they gave away millions of coins for nothing. (like everyone missing out on bitcoin and saying hey lets clone it and call it something else) I simply don't get it. My instincts tell me that based on the beginnings, this thing should be basically worthless or have the worst crash ever seen in the history of cryptos and yet that isn't happening... yet.
The strangest thing is that if memory serves, NXT is the original coin right?! NEM (and NAS) and who knows how many others were just basically silly copies. So the shitty clone coin that nobody paid for is now worth 20 times the coin it copied?!
NEM is not NXT clone, it was written from scratch. And the new version Catapult is re-written from scratch in C++.
Asians seem to be very bullish and like XEM alot.
I had never really looked into NEM but few days ago i was looking at different asst platforms how many coins they host and NEM had listed only one ( I am sure coinmarketcap list is not complete) It is called Ecobit. How can an asset platform with one coin on it be so potential? And with so much competition and with new platforms raising monthly.