Numeraire Trading Up 52.7% Over Last Week (NMR)

Numeraire (NMR) traded 0.1% lower against the U.S. dollar during the 1-day period ending at 14:00 PM ET on August 23rd. Numeraire has a market capitalization of $126.07 million and approximately $17.90 million worth of Numeraire was traded on exchanges in the last day. In the last seven days, Numeraire has traded 52.7% higher against the U.S. dollar. One Numeraire token can currently be purchased for about $17.22 or 0.00027193 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 up 19.8% against the dollar and now trades at $0.0550 or 0.00000087 BTC.

Numeraire Profile

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,715,940 tokens and its circulating supply is 7,320,188 tokens. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. 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 website is numer.ai.

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 buy alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to trade Numeraire should first buy Bitcoin or Ethereum using an exchange that deals in US 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