Numeraire (NMR) Market Capitalization Tops $101.96 Million

Numeraire (NMR) traded 2% higher against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on September 18th. During the last week, Numeraire has traded down 0.5% against the U.S. dollar. One Numeraire token can currently be bought for about $13.91 or 0.00023225 BTC on cryptocurrency exchanges. Numeraire has a total market cap of $101.96 million and $3.31 million worth of Numeraire was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• 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 2.2% lower 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 1.2% against the dollar and now trades at $0.0442 or 0.00000074 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Numeraire Token Profile

Numeraire launched on June 21st, 2017. Numeraire’s total supply is 10,714,840 tokens and its circulating supply is 7,330,355 tokens. 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 message board is forum.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”

Buying and Selling Numeraire

It is usually not presently possible to purchase alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to acquire Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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