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Numeraire 1-Day Trading Volume Tops $7.57 Million (NMR)

Financial News Live ·  2023/04/12 00:32

Numeraire (NMR) traded 0% lower against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on April 11th. During the last seven days, Numeraire has traded 3.4% higher against the dollar. Numeraire has a market cap of $112.48 million and approximately $7.57 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can now be purchased for $19.10 or 0.00063277 BTC on popular exchanges.

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

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  • KILT Protocol (KILT) traded 0.4% higher against the dollar and now trades at $0.35 or 0.00001152 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • OmniaVerse (OMNIA) traded 11.6% higher against the dollar and now trades at $0.0022 or 0.00000007 BTC.
  • Kitty Inu (KITTY) traded 3.3% lower against the dollar and now trades at $94.38 or 0.00336546 BTC.
  • Hokkaidu Inu (HOKK) traded 4% higher against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • Lego Coin (LEGO) traded 37.5% higher against the dollar and now trades at $0.0224 or 0.00000074 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.6% against the dollar and now trades at $0.0051 or 0.00000017 BTC.

Numeraire Profile

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

NMR/USD price chart by TradingView

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