Numeraire (NMR) Achieves Market Capitalization of $103.58 Million

Numeraire (NMR) traded down 6.1% against the dollar during the one day period ending at 14:00 PM Eastern on July 23rd. Over the last week, Numeraire has traded 4.7% lower against the dollar. Numeraire has a total market cap of $103.58 million and $4.62 million worth of Numeraire was traded on exchanges in the last 24 hours. One Numeraire token can now be bought for approximately $14.17 or 0.00021451 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 4.5% lower against the dollar and now trades at $0.19 or 0.00000287 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 down 1% against the dollar and now trades at $0.0127 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Profile

Numeraire was first traded on June 21st, 2017. Numeraire’s total supply is 10,716,925 tokens and its circulating supply is 7,311,115 tokens. Numeraire’s official website is numer.ai. Numeraire’s official message board is forum.numer.ai. The Reddit community for Numeraire is https://reddit.com/r/numerai 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 San Francisco-based hedge fund that uses machine learning to make trades in financial markets. It utilizes a global network of data scientists who compete to create the best trading algorithms, with their algorithms being evaluated based on how well they perform on new, unseen data. The platform is built on the Ethereum blockchain and uses the NMR token as its native currency to incentivize data scientists to submit high-quality and accurate algorithms. This creates a more secure and decentralized approach to hedge fund management and can potentially lead to more profitable trades”

Numeraire Token Trading

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

NMR/USD price chart by TradingView