Numeraire Trading Up 10% Over Last Week (NMR)

Numeraire (NMR) traded 6.2% higher against the dollar during the 24 hour period ending at 13:00 PM Eastern on December 28th. Over the last seven days, Numeraire has traded 10% higher against the dollar. One Numeraire token can now be bought for $16.51 or 0.00017415 BTC on major exchanges. Numeraire has a total market capitalization of $126.12 million and approximately $8.52 million worth of Numeraire was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.7% higher against the dollar and now trades at $94,722.55 or 0.99886960 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $94,055.02 or 0.99183032 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.

Numeraire Profile

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,685,330 tokens and its circulating supply is 7,637,106 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 website is numer.ai. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. Numeraire’s official message board is forum.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 currently possible to buy alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView