NuCypher Achieves Self Reported Market Cap of $93.87 Million (NU)

NuCypher (NU) traded up 9.1% against the US dollar during the 24-hour period ending at 14:00 PM Eastern on November 6th. One NuCypher token can currently be purchased for approximately $0.0680 or 0.00000093 BTC on cryptocurrency exchanges. Over the last seven days, NuCypher has traded down 8.3% against the US dollar. NuCypher has a market capitalization of $93.87 million and approximately $910.66 worth of NuCypher was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• 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.
• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 7.3% against the dollar and now trades at $74,975.45 or 0.99509286 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.8% against the dollar and now trades at $73,890.47 or 0.98069270 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 official website for NuCypher is nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here. The official message board for NuCypher is blog.nucypher.com.

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 US dollars. Investors seeking to trade NuCypher should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NuCypher using one of the exchanges listed above.

NU/USD price chart by TradingView