NuCypher Hits Self Reported Market Cap of $103.17 Million (NU)

NuCypher (NU) traded 3.2% higher against the dollar during the one day period ending at 12:00 PM E.T. on November 10th. One NuCypher token can currently be purchased for $0.0747 or 0.00000095 BTC on major cryptocurrency exchanges. Over the last week, NuCypher has traded up 15.9% against the dollar. NuCypher has a total market cap of $103.17 million and approximately $2,841.15 worth of NuCypher was traded on exchanges in the last day.

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

• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 4.6% against the dollar and now trades at $79,573.71 or 0.99771543 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.5% higher against the dollar and now trades at $79,446.47 or 0.99612002 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.

NuCypher Token Profile

NuCypher’s genesis date was October 15th, 2020. NuCypher’s total supply is 1,380,688,920 tokens. NuCypher’s official website is nucypher.com. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here. The official message board for NuCypher is blog.nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible 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 buy alternative cryptocurrencies such as NuCypher directly using US dollars. Investors seeking to trade NuCypher should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NuCypher using one of the aforementioned exchanges.

NU/USD price chart by TradingView