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Numeraire (NMR) Trading Up 27.4% Over Last 7 Days

Financial News Live ·  Mar 18, 2023 15:54

Numeraire (NMR) traded up 3% against the US dollar during the 24-hour period ending at 15:00 PM ET on March 18th. During the last week, Numeraire has traded up 27.4% against the US dollar. One Numeraire token can currently be purchased for approximately $20.05 or 0.00072971 BTC on major exchanges. Numeraire has a total market cap of $118.04 million and approximately $8.93 million worth of Numeraire was traded on exchanges in the last day.

Here's how other cryptocurrencies have performed during the last day:

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  • KILT Protocol (KILT) traded 1.4% higher against the dollar and now trades at $0.43 or 0.00001568 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 2.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.1% against the dollar and now trades at $0.0683 or 0.00000249 BTC.
  • CareCoin (CARES) traded up 3.1% against the dollar and now trades at $0.0847 or 0.00000309 BTC.
  • OmniaVerse (OMNIA) traded up 23.5% against the dollar and now trades at $0.0011 or 0.00000004 BTC.
  • Kitty Inu (KITTY) traded 3.1% higher against the dollar and now trades at $101.30 or 0.00370036 BTC.
  • FEG Token (FEG) traded 3.1% higher against the dollar and now trades at $0.0008 or 0.00000003 BTC.
  • Hokkaidu Inu (HOKK) traded up 4% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.1% against the dollar and now trades at $7,363.19 or 0.26895488 BTC.
  • Lego Coin (LEGO) traded 26.4% higher against the dollar and now trades at $0.0179 or 0.00000065 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 message board for Numeraire is forum.numer.ai. Numeraire's official Twitter account is @numerai and its Facebook page is accessible here. The official website for Numeraire is numer.ai. The Reddit community for Numeraire is and the currency's Github account can be viewed 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."

Buying and Selling Numeraire

It is usually not currently possible to purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Numeraire using one of the exchanges listed above.

NMR/USD price chart by TradingView

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