Numeraire (NMR) Market Capitalization Tops $115.62 Million

Numeraire (NMR) traded 0% higher against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on July 3rd. One Numeraire token can now be purchased for about $15.83 or 0.00026195 BTC on popular exchanges. Numeraire has a total market capitalization of $115.62 million and $7.77 million worth of Numeraire was traded on exchanges in the last day. Over the last seven days, Numeraire has traded down 14.7% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 1.8% against the dollar and now trades at $0.20 or 0.00000336 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1% higher against the dollar and now trades at $0.0120 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Numeraire

Numeraire’s genesis date was June 21st, 2017. Numeraire’s total supply is 10,717,484 tokens and its circulating supply is 7,305,637 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. Numeraire’s official message board is forum.numer.ai. 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”

Buying and Selling Numeraire

It is usually not currently possible to purchase alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to acquire Numeraire should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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