Numeraire Tops 24 Hour Volume of $5.42 Million (NMR)

Numeraire (NMR) traded up 10.1% against the US dollar during the one day period ending at 8:00 AM ET on November 6th. One Numeraire token can now be purchased for about $15.14 or 0.00020348 BTC on cryptocurrency exchanges. Over the last seven days, Numeraire has traded up 1% against the US dollar. Numeraire has a market capitalization of $111.19 million and $5.42 million worth of Numeraire was traded on exchanges in the last 24 hours.

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

• 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 8.4% against the dollar and now trades at $74,495.57 or 1.00134122 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.6% against the dollar and now trades at $73,094.21 or 0.98250471 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Profile

Numeraire was first traded on June 21st, 2017. Numeraire’s total supply is 10,693,022 tokens and its circulating supply is 7,344,950 tokens. Numeraire’s official message board is forum.numer.ai. The Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed here. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible 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 presently possible to purchase alternative cryptocurrencies such as Numeraire directly using U.S. dollars. Investors seeking to trade Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the exchanges listed above.

NMR/USD price chart by TradingView