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Numeraire (NMR) Price Reaches $18.71 on Major Exchanges

Financial News Live ·  Apr 14, 2023 02:13

Numeraire (NMR) traded up 0.8% against the dollar during the one day period ending at 14:00 PM E.T. on April 13th. One Numeraire token can now be purchased for about $18.71 or 0.00061576 BTC on exchanges. In the last seven days, Numeraire has traded up 3.3% against the dollar. Numeraire has a total market capitalization of $110.15 million and $5.53 million worth of Numeraire was traded on exchanges in the last day.

Here's how similar cryptocurrencies have performed in the last day:

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  • KILT Protocol (KILT) traded 0.6% higher against the dollar and now trades at $0.34 or 0.00001130 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 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.
  • OmniaVerse (OMNIA) traded up 1.7% against the dollar and now trades at $0.0021 or 0.00000007 BTC.
  • Kitty Inu (KITTY) traded down 3.3% against the dollar and now trades at $94.38 or 0.00336546 BTC.
  • Hokkaidu Inu (HOKK) traded 1.8% higher against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • Lego Coin (LEGO) traded up 4.4% against the dollar and now trades at $0.0185 or 0.00000061 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 2.5% against the dollar and now trades at $0.0050 or 0.00000017 BTC.

About Numeraire

Numeraire's genesis date was June 21st, 2017. Numeraire's total supply is 10,931,080 tokens and its circulating supply is 5,888,504 tokens. The Reddit community for Numeraire is and the currency's Github account can be viewed here. Numeraire's official Twitter account is @numerai and its Facebook page is accessible here. Numeraire's official website is numer.ai. Numeraire's official message board is forum.numer.ai.

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."

Numeraire Token Trading

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

NMR/USD price chart by TradingView

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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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