Numeraire (NMR) Reaches 24 Hour Trading Volume of $3.70 Million

Numeraire (NMR) traded down 3.5% against the U.S. dollar during the 24-hour period ending at 21:00 PM E.T. on July 1st. During the last seven days, Numeraire has traded 11.6% lower against the U.S. dollar. Numeraire has a total market capitalization of $121.07 million and approximately $3.70 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can currently be bought for approximately $16.57 or 0.00026353 BTC on exchanges.

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

• KILT Protocol (KILT) traded up 2.4% against the dollar and now trades at $0.21 or 0.00000337 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 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 3% higher against the dollar and now trades at $0.0118 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Token Profile

Numeraire launched on June 21st, 2017. Numeraire’s total supply is 10,717,487 tokens and its circulating supply is 7,305,259 tokens. Numeraire’s official message board is forum.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 website is numer.ai. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible 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”

Numeraire Token Trading

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

NMR/USD price chart by TradingView