Numeraire (NMR) Price Hits $11.34 on Major Exchanges

Numeraire (NMR) traded down 2.9% against the dollar during the 1-day period ending at 12:00 PM Eastern on February 22nd. Numeraire has a market capitalization of $89.57 million and $8.56 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can currently be purchased for approximately $11.34 or 0.00011729 BTC on major cryptocurrency exchanges. In the last seven days, Numeraire has traded up 1% against the dollar.

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

• Taiko (TAIKO) traded 0.9% lower against the dollar and now trades at $1.04 or 0.00001078 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.
• 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.
• SolvBTC (SOLVBTC) traded down 1.8% against the dollar and now trades at $96,489.11 or 0.99839611 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2% against the dollar and now trades at $96,037.54 or 0.99372362 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Numeraire Token Profile

Numeraire was first traded on June 21st, 2017. Numeraire’s total supply is 10,675,311 tokens and its circulating supply is 7,901,184 tokens. 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. The official website for Numeraire 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 possible to purchase alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to trade Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView