Numeraire Price Tops $10.71 (NMR)

Numeraire (NMR) traded up 8.1% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on March 2nd. One Numeraire token can now be purchased for approximately $10.71 or 0.00011702 BTC on major exchanges. Over the last week, Numeraire has traded 4.4% lower against the dollar. Numeraire has a market capitalization of $85.26 million and $7.92 million worth of Numeraire was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Taiko (TAIKO) traded 2.7% higher against the dollar and now trades at $1.00 or 0.00001093 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.
• 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 5.3% higher against the dollar and now trades at $89,166.17 or 0.97407720 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% higher against the dollar and now trades at $86,410.99 or 0.94397879 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Numeraire Profile

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,674,658 tokens and its circulating supply is 7,959,382 tokens. The official message board for Numeraire is forum.numer.ai. 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.

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”

Numeraire Token Trading

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

NMR/USD price chart by TradingView