NuCypher Achieves Self Reported Market Cap of $220.76 Million (NU)

NuCypher (NU) traded 3.1% lower against the US dollar during the twenty-four hour period ending at 0:00 AM E.T. on April 9th. One NuCypher token can now be bought for about $0.16 or 0.00000231 BTC on popular exchanges. NuCypher has a total market capitalization of $220.76 million and $4,988.12 worth of NuCypher was traded on exchanges in the last day. During the last week, NuCypher has traded up 11.1% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 3.5% against the dollar and now trades at $0.39 or 0.00000565 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.2% lower against the dollar and now trades at $0.0095 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

NuCypher Token Profile

NuCypher’s launch date was October 15th, 2020. NuCypher’s total supply is 1,380,688,920 tokens. 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 message board is blog.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.”

NuCypher Token Trading

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

NU/USD price chart by TradingView