NuCypher Trading Down 5.3% This Week (NU)

NuCypher (NU) traded up 3.6% against the US dollar during the 1 day period ending at 16:00 PM Eastern on October 24th. One NuCypher token can now be purchased for approximately $0.0751 or 0.00000111 BTC on major cryptocurrency exchanges. In the last seven days, NuCypher has traded 5.3% lower against the US dollar. NuCypher has a total market cap of $103.68 million and approximately $1,021.98 worth of NuCypher was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in 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 2.2% lower 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.
• 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 2.2% lower 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 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 1% higher against the dollar and now trades at $164.18 or 0.00240545 BTC.

NuCypher Token Profile

NuCypher’s launch date was October 15th, 2020. NuCypher’s total supply is 1,380,688,921 tokens and its circulating supply is 1,380,688,920 tokens. The official website for NuCypher is nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. NuCypher’s official message board is blog.nucypher.com. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here.

According to CryptoCompare, “NuCypher (NU) tokens are used on the NuCypher network to incentivize network participants for providing key management services and accessing delegation/revocation operations. NuCypher is a decentralized encryption, access control, and key management system for public blockchains, offering end-to-end encrypted data sharing and decentralized storage solutions. NuCypher uses proxy re-encryption (PRE) technology to securely share private data between multiple participants in public consensus networks. NU tokens are also used for staking to run a NuCypher worker node, participating in the NuCypher DAO, and validating DAO proposals. The NuCypher network is protected against malicious staking and automatically slashes suspected users’ rewards.”

Buying and Selling NuCypher

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

NU/USD price chart by TradingView