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Numeraire (NMR) Price Tops $18.45 on Exchanges

Financial News Live ·  2023/03/20 20:21

Numeraire (NMR) traded 6% lower against the U.S. dollar during the 1-day period ending at 20:00 PM Eastern on March 20th. One Numeraire token can now be purchased for about $18.45 or 0.00066614 BTC on cryptocurrency exchanges. Numeraire has a total market cap of $108.65 million and $6.20 million worth of Numeraire was traded on exchanges in the last 24 hours. Over the last seven days, Numeraire has traded up 4.7% against the U.S. dollar.

Here's how similar cryptocurrencies have performed over the last 24 hours:

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  • KILT Protocol (KILT) traded down 4.3% against the dollar and now trades at $0.40 or 0.00001451 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 3.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 3% lower against the dollar and now trades at $0.0657 or 0.00000236 BTC.
  • CareCoin (CARES) traded 3% lower against the dollar and now trades at $0.0815 or 0.00000293 BTC.
  • OmniaVerse (OMNIA) traded 28.5% lower against the dollar and now trades at $0.0009 or 0.00000003 BTC.
  • Kitty Inu (KITTY) traded down 3% against the dollar and now trades at $97.46 or 0.00350127 BTC.
  • FEG Token (FEG) traded 3% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
  • Hokkaidu Inu (HOKK) traded 2.3% lower against the dollar and now trades at $0.0006 or 0.00000002 BTC.
  • QANplatform (QANX) traded 3% lower against the dollar and now trades at $7,083.69 or 0.25448424 BTC.
  • Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0159 or 0.00000058 BTC.

Numeraire Profile

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

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 possible to purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView

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