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Numeraire Price Tops $19.45 on Top Exchanges (NMR)

Financial News Live ·  2023/03/19 08:13

Numeraire (NMR) traded 5.5% lower against the US dollar during the 1 day period ending at 7:00 AM ET on March 19th. During the last seven days, Numeraire has traded up 23.3% against the US dollar. One Numeraire token can currently be bought for about $19.45 or 0.00071639 BTC on popular exchanges. Numeraire has a total market cap of $114.50 million and approximately $6.05 million worth of Numeraire was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

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  • KILT Protocol (KILT) traded 8.1% lower against the dollar and now trades at $0.40 or 0.00001483 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2% against the dollar and now trades at $0.0675 or 0.00000249 BTC.
  • CareCoin (CARES) traded down 2% against the dollar and now trades at $0.0838 or 0.00000309 BTC.
  • OmniaVerse (OMNIA) traded up 49.2% against the dollar and now trades at $0.0013 or 0.00000005 BTC.
  • Kitty Inu (KITTY) traded down 2% against the dollar and now trades at $100.18 or 0.00369574 BTC.
  • FEG Token (FEG) traded down 2% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
  • Hokkaidu Inu (HOKK) traded 3.7% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
  • QANplatform (QANX) traded down 2% against the dollar and now trades at $7,281.76 or 0.26861927 BTC.
  • Lego Coin (LEGO) traded down 8.5% against the dollar and now trades at $0.0163 or 0.00000060 BTC.

Numeraire Token Profile

Numeraire was first traded on June 21st, 2017. Numeraire's total supply is 10,931,080 tokens and its circulating supply is 5,888,504 tokens. Numeraire's official website is numer.ai. The Reddit community for Numeraire is and the currency's Github account can be viewed here. Numeraire's official message board is forum.numer.ai. Numeraire's official Twitter account is @numerai and its Facebook page is accessible here.

According to CryptoCompare, "Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, "Network effects get more valuable with every participant that uses them. What's an example of that in a financial institution? We've never seen one before except for this."

Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a "crowdsale" or "ICO".

In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists."

Numeraire Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to acquire Numeraire should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Numeraire using one of the exchanges listed above.

NMR/USD price chart by TradingView

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