Numeraire Trading Up 10.3% Over Last Week (NMR)

Numeraire (NMR) traded 14.5% higher against the US dollar during the 1-day period ending at 19:00 PM Eastern on May 26th. During the last week, Numeraire has traded 10.3% higher against the US dollar. One Numeraire token can now be purchased for approximately $16.00 or 0.00059839 BTC on exchanges. Numeraire has a market cap of $99.77 million and approximately $49.31 million worth of Numeraire was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.33 or 0.00001243 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 2.4% lower against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded up 25.2% against the dollar and now trades at $0.0198 or 0.00000074 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 down 1.8% against the dollar and now trades at $0.0088 or 0.00000033 BTC.

Numeraire Token Profile

Numeraire launched on June 21st, 2017. Numeraire’s total supply is 10,876,464 tokens and its circulating supply is 6,236,413 tokens. Numeraire’s official website is 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 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 possible to buy alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Numeraire using one of the exchanges listed above.

NMR/USD price chart by TradingView