Numeraire (NMR) Hits Market Cap of $104.85 Million

Numeraire (NMR) traded 9.6% lower against the US dollar during the 1-day period ending at 20:00 PM Eastern on October 1st. One Numeraire token can currently be bought for $14.28 or 0.00023499 BTC on exchanges. Numeraire has a market cap of $104.85 million and approximately $5.66 million worth of Numeraire was traded on exchanges in the last 24 hours. Over the last seven days, Numeraire has traded 11.1% lower against the US dollar.

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

• 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 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 9.8% lower against the dollar and now trades at $0.0444 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded down 5.4% against the dollar and now trades at $159.25 or 0.00262083 BTC.

About Numeraire

Numeraire’s genesis date was June 21st, 2017. Numeraire’s total supply is 10,714,536 tokens and its circulating supply is 7,342,634 tokens. Numeraire’s official website is numer.ai. The Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed here. The official message board for Numeraire is forum.numer.ai. 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 buy alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to acquire Numeraire should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Numeraire using one of the exchanges listed above.

NMR/USD price chart by TradingView