Numeraire (NMR) Price Down 4.3% This Week

Numeraire (NMR) traded down 1.9% against the US dollar during the 24-hour period ending at 16:00 PM Eastern on November 3rd. One Numeraire token can currently be purchased for about $13.56 or 0.00019698 BTC on popular exchanges. During the last week, Numeraire has traded down 4.3% against the US dollar. Numeraire has a total market cap of $99.63 million and $494,062.08 worth of Numeraire was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during 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 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.2% lower against the dollar and now trades at $68,586.19 or 0.99600043 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.8% lower against the dollar and now trades at $68,133.99 or 0.98943368 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Token Profile

Numeraire’s genesis date was June 21st, 2017. Numeraire’s total supply is 10,693,032 tokens and its circulating supply is 7,344,526 tokens. Numeraire’s official message board is forum.numer.ai. The official website for Numeraire is numer.ai. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed 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 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 Gemini, GDAX or Changelly. 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