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Numeraire Trading Down 3.6% This Week (NMR)

Financial News Live ·  Mar 28, 2023 20:42

Numeraire (NMR) traded up 1.7% against the dollar during the 1-day period ending at 20:00 PM ET on March 28th. One Numeraire token can now be purchased for approximately $18.20 or 0.00066672 BTC on exchanges. Numeraire has a total market capitalization of $107.15 million and approximately $5.58 million worth of Numeraire was traded on exchanges in the last 24 hours. During the last seven days, Numeraire has traded 3.6% lower against the dollar.

Here's how related cryptocurrencies have performed during the last 24 hours:

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  • KILT Protocol (KILT) traded 1.3% lower against the dollar and now trades at $0.38 or 0.00001398 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • OmniaVerse (OMNIA) traded 36% higher against the dollar and now trades at $0.0013 or 0.00000005 BTC.
  • Kitty Inu (KITTY) traded down 2.2% against the dollar and now trades at $89.88 or 0.00329820 BTC.
  • Hokkaidu Inu (HOKK) traded 3.5% higher against the dollar and now trades at $0.0006 or 0.00000002 BTC.
  • QANplatform (QANX) traded 2.2% lower against the dollar and now trades at $7,030.26 or 0.25798217 BTC.
  • Lego Coin (LEGO) traded down 2.2% against the dollar and now trades at $0.0247 or 0.00000091 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.

About Numeraire

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. Numeraire's official message board is forum.numer.ai. 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 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."

Buying and Selling Numeraire

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

NMR/USD price chart by TradingView

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