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Numeraire Trading Down 0.6% Over Last 7 Days (NMR)

Financial News Live ·  2023/04/05 13:32

Numeraire (NMR) traded up 0.7% against the US dollar during the 24-hour period ending at 13:00 PM Eastern on April 5th. One Numeraire token can currently be purchased for approximately $18.64 or 0.00066476 BTC on cryptocurrency exchanges. Over the last seven days, Numeraire has traded down 0.6% against the US dollar. Numeraire has a market capitalization of $109.77 million and approximately $4.40 million worth of Numeraire was traded on exchanges in the last day.

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

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  • KILT Protocol (KILT) traded 1.9% lower against the dollar and now trades at $0.38 or 0.00001360 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 14.9% lower against the dollar and now trades at $0.0020 or 0.00000007 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 down 1.4% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • Lego Coin (LEGO) traded down 5.9% against the dollar and now trades at $0.0216 or 0.00000077 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 1.3% lower against the dollar and now trades at $0.0051 or 0.00000018 BTC.

Numeraire Token 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 message board for Numeraire is forum.numer.ai. The official website for Numeraire 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 purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to acquire Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the exchanges listed above.

NMR/USD price chart by TradingView

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