Numeraire Market Cap Reaches $240.23 Million (NMR)

Numeraire (CURRENCY:NMR) traded 2% higher against the U.S. dollar during the 24-hour period ending at 14:00 PM E.T. on November 25th. Numeraire has a market capitalization of $240.23 million and $12.77 million worth of Numeraire was traded on exchanges in the last day. During the last seven days, Numeraire has traded 2.6% higher against the U.S. dollar. One Numeraire coin can now be purchased for $40.80 or 0.00069087 BTC on major exchanges.

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

  • Crypto.com Coin (CRO) traded 15.7% lower against the dollar and now trades at $0.77 or 0.00001308 BTC.
  • Polygon (MATIC) traded up 0.1% against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded 11.9% higher against the dollar and now trades at $1.87 or 0.00003172 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00001693 BTC.
  • Chainlink (LINK) traded 5.7% higher against the dollar and now trades at $26.83 or 0.00045429 BTC.
  • Decentraland (MANA) traded down 4.5% against the dollar and now trades at $5.05 or 0.00008554 BTC.
  • Axie Infinity (AXS) traded up 0.7% against the dollar and now trades at $141.44 or 0.00239530 BTC.
  • Parkgene (GENE) traded up 2,618,096.3% against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • THETA (THETA) traded 14.4% higher against the dollar and now trades at $7.47 or 0.00012648 BTC.
  • FTX Token (FTT) traded up 5.2% against the dollar and now trades at $52.26 or 0.00088503 BTC.

About Numeraire

Numeraire (NMR) is a coin. Its genesis date was June 20th, 2017. Numeraire’s total supply is 10,970,821 coins and its circulating supply is 5,888,504 coins. Numeraire’s official website is numer.ai. The official message board for Numeraire is forum.numer.ai. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The Reddit community for Numeraire is /r/numerai and the currency’s Github account can be viewed here.

According to CryptoCompare, “Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, “Network effects get more valuable with every participant that uses them. What’s an example of that in a financial institution? We’ve never seen one before except for this.” Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a “crowdsale” or “ICO”. In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists. White paper Forum “

Numeraire Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Numeraire using one of the exchanges listed above.

Receive News & Updates for Numeraire Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Numeraire and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.