Top 10 Crypto Reshuffle: NEM Pushes Back Augur and Steem

Competition on the top 10 of CoinMarketCap is intensifying admirably with some cryptos displacing others. NEM has dislodged Augur and Steem to occupy the number nine spot.

CoinMarketCap in 2016
If you keenly observed CoinMarketCap in late 2016, you would remember how NEM and MaidSafe fought an epic battle for the number 10 spot. The two altcoins kept dislodging each other from the 10th position until MaidSafe took an upper hand and pushed NEM below the top 10.

It was, therefore, very surprising to see NEM rise from below to join the elite cryptos at the top. Many experts thought it would further drop down, but alas they have been proved wrong.

In a recent blog post, the Blockchain Technology Platform announced how it has been receiving interest in South and East Asian Countries like Japan, China, Malaysia and South Korea. It also made mention of rising interest in Europe as well.

New energy
Cointelegraph was curious about NEM's new found energy and reached out to NEM.io Foundation’s President Lon Wong to find out more.
The Foundation believes that what is really influencing NEM’s price on the market is that people are beginning to slowly see that NEM is moving along fine, especially with the establishment of a foundation (NEM.io Foundation Ltd) that is going to oversee the global development, promotion and marketing of the NEM Blockchain solution to academia