NuCypher Hits Self Reported Market Cap of $95.38 Million (NU)

NuCypher (NU) traded up 1.7% against the dollar during the one day period ending at 7:00 AM E.T. on September 12th. In the last seven days, NuCypher has traded 1.7% higher against the dollar. One NuCypher token can currently be bought for about $0.0691 or 0.00000119 BTC on popular exchanges. NuCypher has a total market capitalization of $95.38 million and approximately $50.23 worth of NuCypher was traded on exchanges in the last day.

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

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 18.5% lower against the dollar and now trades at $0.0550 or 0.00000095 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

NuCypher Token Profile

NuCypher launched on October 15th, 2020. NuCypher’s total supply is 1,380,688,921 tokens and its circulating supply is 1,380,688,920 tokens. NuCypher’s official message board is blog.nucypher.com. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here. NuCypher’s official website is nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here.

According to CryptoCompare, “NuCypher (NU) tokens are used on the NuCypher network to incentivize network participants for providing key management services and accessing delegation/revocation operations. NuCypher is a decentralized encryption, access control, and key management system for public blockchains, offering end-to-end encrypted data sharing and decentralized storage solutions. NuCypher uses proxy re-encryption (PRE) technology to securely share private data between multiple participants in public consensus networks. NU tokens are also used for staking to run a NuCypher worker node, participating in the NuCypher DAO, and validating DAO proposals. The NuCypher network is protected against malicious staking and automatically slashes suspected users’ rewards.”

Buying and Selling NuCypher

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

NU/USD price chart by TradingView