NuCypher Self Reported Market Capitalization Tops $88.87 Million (NU)

NuCypher (NU) traded up 6.1% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM E.T. on November 5th. NuCypher has a total market cap of $88.87 million and $706.63 worth of NuCypher was traded on exchanges in the last day. One NuCypher token can now be bought for about $0.0644 or 0.00000093 BTC on cryptocurrency exchanges. During the last seven days, NuCypher has traded 15.2% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during 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 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.
• 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 down 2.2% 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 2.3% against the dollar and now trades at $69,277.64 or 0.99802688 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $69,226.34 or 0.99728780 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About NuCypher

NuCypher was first traded on October 15th, 2020. NuCypher’s total supply is 1,380,688,920 tokens. NuCypher’s official website 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.”

NuCypher Token Trading

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

NU/USD price chart by TradingView