Numeraire (NMR) Achieves Market Cap of $94.83 Million

Numeraire (NMR) traded down 2.1% against the U.S. dollar during the 1 day period ending at 13:00 PM Eastern on January 29th. One Numeraire token can now be purchased for approximately $12.07 or 0.00011774 BTC on major exchanges. Numeraire has a market cap of $94.83 million and approximately $7.81 million worth of Numeraire was traded on exchanges in the last 24 hours. During the last week, Numeraire has traded 8.9% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.4% against the dollar and now trades at $102,056.38 or 0.99580956 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.5% against the dollar and now trades at $101,805.97 or 0.99336619 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Profile

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,676,314 tokens and its circulating supply is 7,858,604 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 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 currently possible to purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to acquire Numeraire should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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