Numeraire (NMR) Trading 6% Lower Over Last 7 Days

Numeraire (NMR) traded 0.4% higher against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on September 8th. One Numeraire token can now be bought for about $13.11 or 0.00024181 BTC on popular exchanges. During the last seven days, Numeraire has traded 6% lower against the dollar. Numeraire has a market cap of $95.98 million and approximately $2.47 million worth of Numeraire was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher 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 13.6% higher against the dollar and now trades at $0.0587 or 0.00000108 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Numeraire Profile

Numeraire’s genesis date was June 21st, 2017. Numeraire’s total supply is 10,715,207 tokens and its circulating supply is 7,322,850 tokens. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The official website for Numeraire is numer.ai. The Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed here. 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 presently possible to buy alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to acquire Numeraire should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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