Nyerium (NYEX) Trading 52.1% Lower This Week

Nyerium (CURRENCY:NYEX) traded down 4% against the U.S. dollar during the one day period ending at 16:00 PM ET on May 12th. Nyerium has a total market cap of $52,765.80 and approximately $15.00 worth of Nyerium was traded on exchanges in the last 24 hours. One Nyerium coin can currently be bought for $0.0016 or 0.00000003 BTC on major exchanges. In the last seven days, Nyerium has traded 52.1% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Rapids (RPD) traded 33.1% lower against the dollar and now trades at $0.0874 or 0.00000161 BTC.
  • Vitae (VITAE) traded 8.1% lower against the dollar and now trades at $1.59 or 0.00002913 BTC.
  • Gossip Coin (GOSS) traded 12.9% lower against the dollar and now trades at $0.0005 or 0.00000001 BTC.
  • Dystem (DTEM) traded 3.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Dequant (DEQ) traded down 4% against the dollar and now trades at $0.14 or 0.00000248 BTC.

Nyerium Coin Profile

Nyerium (CRYPTO:NYEX) is a proof-of-stake (PoS) coin that uses the Quark hashing algorithm. It launched on May 25th, 2018. Nyerium’s total supply is 37,193,115 coins and its circulating supply is 32,308,487 coins. The Reddit community for Nyerium is /r/Nyerium and the currency’s Github account can be viewed here. The official website for Nyerium is nyex.site. Nyerium’s official Twitter account is @NyeriumDev and its Facebook page is accessible here.

According to CryptoCompare, “Nyerium is the result of extensive research into the crypto landscape, which was aimed to find a solution to the problem of remittance and payment for the unbanked, with a primary focus on the African continent¬†for whom simple things like having electricity are life-changing events. The first focus is emerging markets and the whole of the African continent where mobile and electronic payment is still new, and with hefty fees, is adding unnecessary burden on the poorest. “

Buying and Selling Nyerium

It is usually not possible to purchase alternative cryptocurrencies such as Nyerium directly using U.S. dollars. Investors seeking to trade Nyerium 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 Nyerium using one of the aforementioned exchanges.

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