Numeraire Price Reaches $40.80 on Major Exchanges (NMR)

Numeraire (CURRENCY:NMR) traded up 2% against the US dollar during the 1 day period ending at 14:00 PM ET on November 25th. One Numeraire coin can now be bought for approximately $40.80 or 0.00069087 BTC on popular exchanges. Over the last seven days, Numeraire has traded 2.6% higher against the US dollar. Numeraire has a market cap of $240.23 million and $12.77 million worth of Numeraire was traded on exchanges in the last 24 hours.

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

  • Crypto.com Coin (CRO) traded 15.7% lower against the dollar and now trades at $0.77 or 0.00001308 BTC.
  • Polygon (MATIC) traded up 0.1% against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded up 11.9% against the dollar and now trades at $1.87 or 0.00003172 BTC.
  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00001693 BTC.
  • Chainlink (LINK) traded up 5.7% against the dollar and now trades at $26.83 or 0.00045429 BTC.
  • Decentraland (MANA) traded 4.5% lower against the dollar and now trades at $5.05 or 0.00008554 BTC.
  • Axie Infinity (AXS) traded up 0.7% against the dollar and now trades at $141.44 or 0.00239530 BTC.
  • Parkgene (GENE) traded 2,618,096.3% higher against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • THETA (THETA) traded up 14.4% against the dollar and now trades at $7.47 or 0.00012648 BTC.
  • FTX Token (FTT) traded 5.2% higher against the dollar and now trades at $52.26 or 0.00088503 BTC.

Numeraire Profile

Numeraire (NMR) is a coin. Its genesis date was June 20th, 2017. Numeraire’s total supply is 10,970,821 coins and its circulating supply is 5,888,504 coins. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The Reddit community for Numeraire is /r/numerai and the currency’s Github account can be viewed here. The official website for Numeraire is numer.ai. The official message board for Numeraire is forum.numer.ai.

According to CryptoCompare, “Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, “Network effects get more valuable with every participant that uses them. What’s an example of that in a financial institution? We’ve never seen one before except for this.” Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a “crowdsale” or “ICO”. In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists. White paper Forum “

Buying and Selling Numeraire

It is usually not presently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Numeraire using one of the exchanges listed above.

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