Numeraire Price Hits $23.39 on Exchanges (NMR)

Numeraire (NMR) traded up 5.7% against the U.S. dollar during the 1 day period ending at 12:00 PM ET on May 2nd. In the last week, Numeraire has traded 11.6% lower against the U.S. dollar. One Numeraire token can now be bought for about $23.39 or 0.00039604 BTC on popular exchanges. Numeraire has a market capitalization of $146.92 million and approximately $5.57 million worth of Numeraire was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 8.4% against the dollar and now trades at $0.30 or 0.00000511 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 down 2.2% 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 up 1.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.8% higher against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Token Profile

Numeraire’s genesis date was June 21st, 2017. Numeraire’s total supply is 10,718,993 tokens and its circulating supply is 6,280,548 tokens. 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. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. Numeraire’s official website 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 possible to purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to acquire Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView