NuCypher Self Reported Market Cap Reaches $124.93 Million (NU)

NuCypher (NU) traded 0.2% lower against the US dollar during the 1 day period ending at 18:00 PM E.T. on June 16th. In the last week, NuCypher has traded 11.8% lower against the US dollar. NuCypher has a market capitalization of $124.93 million and approximately $2,936.68 worth of NuCypher was traded on exchanges in the last 24 hours. One NuCypher token can currently be purchased for $0.0905 or 0.00000136 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 1.1% lower against the dollar and now trades at $0.22 or 0.00000337 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.9% higher against the dollar and now trades at $0.0104 or 0.00000016 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. NuCypher’s official message board is blog.nucypher.com. The official website for NuCypher is nucypher.com. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here.

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.”

NuCypher Token Trading

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

NU/USD price chart by TradingView