Numeraire Trading 13.9% Lower Over Last 7 Days (NMR)

Numeraire (NMR) traded 3.6% lower against the dollar during the 24 hour period ending at 23:00 PM Eastern on April 29th. Numeraire has a total market capitalization of $149.50 million and approximately $6.98 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can now be bought for $23.81 or 0.00037430 BTC on major exchanges. Over the last seven days, Numeraire has traded 13.9% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 4.3% against the dollar and now trades at $0.30 or 0.00000466 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded 176.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 down 1% against the dollar and now trades at $0.0096 or 0.00000015 BTC.

Numeraire Profile

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,719,224 tokens and its circulating supply is 6,279,809 tokens. Numeraire’s official message board is forum.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. Numeraire’s official website is 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 currently possible to buy alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView