Bitcoin Alternatives: 11 Cryptocurrencies You Should Know

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8. NEM

NEM is another one of cryptocurrencies you should know. It was launched in 2015 and is written in Java. The peer-to-peer cryptocurrency and blockchain platform that introduced new features to blockchain technology, such as proof-of-importance algorithm (instead of proof-of-work used by most cryptocurrencies), multisignature accounts, encrypted messaging and a reputation system based on EigenTrust algorithm. NEM is currently valued at $0.22 per token and has a total market capitalization of $1.97 billion.

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