Numeraire Trading 1.1% Higher This Week (NMR)

Numeraire (NMR) traded down 5.2% against the dollar during the 1 day period ending at 17:00 PM Eastern on April 26th. Numeraire has a total market capitalization of $161.59 million and approximately $4.88 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can currently be purchased for approximately $25.73 or 0.00040201 BTC on cryptocurrency exchanges. In the last seven days, Numeraire has traded 1.1% higher against the dollar.

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

• KILT Protocol (KILT) traded down 2.4% against the dollar and now trades at $0.32 or 0.00000500 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 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 2.9% against the dollar and now trades at $0.0096 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Profile

Numeraire was first traded on June 21st, 2017. Numeraire’s total supply is 10,719,249 tokens and its circulating supply is 6,279,646 tokens. Numeraire’s official website is numer.ai. The official message board for Numeraire is forum.numer.ai. 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.

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 presently possible to purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to acquire Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView