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Numeraire 24 Hour Trading Volume Reaches $6.32 Million (NMR)

Financial News Live ·  2023/03/31 23:53

Numeraire (NMR) traded 2.1% higher against the U.S. dollar during the 24 hour period ending at 23:00 PM E.T. on March 31st. During the last seven days, Numeraire has traded 7.3% higher against the U.S. dollar. One Numeraire token can currently be bought for $19.11 or 0.00067005 BTC on major cryptocurrency exchanges. Numeraire has a total market cap of $112.52 million and $6.32 million worth of Numeraire was traded on exchanges in the last 24 hours.

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

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  • KILT Protocol (KILT) traded down 1.7% against the dollar and now trades at $0.40 or 0.00001395 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 down 2.2% 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 down 3.7% against the dollar and now trades at $0.0014 or 0.00000005 BTC.
  • Kitty Inu (KITTY) traded 2.2% lower against the dollar and now trades at $89.88 or 0.00329820 BTC.
  • Hokkaidu Inu (HOKK) traded up 3.3% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded down 2.2% against the dollar and now trades at $7,030.26 or 0.25798217 BTC.
  • Lego Coin (LEGO) traded 10.5% lower against the dollar and now trades at $0.0240 or 0.00000084 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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. Numeraire's official Twitter account is @numerai and its Facebook page is accessible here. The official website for Numeraire is numer.ai. The official message board for Numeraire is forum.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 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, Changelly or Coinbase. 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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