Bitcoin isn’t the only cryptocurrency exhibiting major price swings as of late. New Economy Movement (XEM) – a peer-to-peer cryptocurrency written in Java – has seen a meteoric price rise which doubled its price in a matter of 24 hours. XEM isn’t just another cryptocurrency, it is a rival to Ripple, and its node reputation system along with the proof of importance protocol are just some of the features that set it apart from traditional cryptocurrencies.
Read more here: http://www.altcointoday.com/new-economy-movement-doubles-price-within-24-hours-becomes-4th-currency-market-cap/