Numeraire (NMR) Trading 3.7% Higher This Week

Numeraire (NMR) traded down 0.2% against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on May 24th. Numeraire has a market cap of $193.08 million and $4.47 million worth of Numeraire was traded on exchanges in the last day. Over the last week, Numeraire has traded 3.7% higher against the US dollar. One Numeraire token can currently be purchased for about $28.24 or 0.00041009 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 5.7% against the dollar and now trades at $0.29 or 0.00000424 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.4% higher against the dollar and now trades at $0.0099 or 0.00000014 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 10,718,081 tokens and its circulating supply is 6,837,799 tokens. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. 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. The official message board for Numeraire 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 Changelly, Coinbase or Gemini. 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