NEM is a good investment if you wish to diversify your crypto portfolio by investing in projects with real-world use cases. The enterprise-grade blockchain could witness significant traction as Web3 adoption goes mainstream in the future.
As more organizations start looking to deploy decentralized applications, the NEM price and market capitalization could experience an uptrend. The XEM price statistics could also benefit from higher on-chain activity as developers create and deploy other projects on the NEM blockchain.
In addition, bullish market sentiment could increase investor confidence in cryptocurrencies and help the NEM price trend upwards. When the market mood is upbeat, buying activity across the market builds up, which could help the XEM to USD price gain.