NuCypher (NU) Reaches Self Reported Market Cap of $131.85 Million

NuCypher (NU) traded 2.7% lower against the dollar during the 24 hour period ending at 12:00 PM E.T. on January 5th. NuCypher has a total market capitalization of $131.85 million and approximately $7,992.22 worth of NuCypher was traded on exchanges in the last day. One NuCypher token can currently be bought for $0.0955 or 0.00000097 BTC on exchanges. Over the last week, NuCypher has traded up 8.5% against the dollar.

Here is how other cryptocurrencies have performed over 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 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.
• SolvBTC (SOLVBTC) traded 0.3% higher against the dollar and now trades at $97,750.28 or 0.99699841 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $96,977.61 or 0.98911757 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

NuCypher Token Profile

NuCypher was first traded on October 15th, 2020. NuCypher’s total supply is 1,380,688,920 tokens. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. The official message board for NuCypher is blog.nucypher.com. The official website for NuCypher is nucypher.com.

According to CryptoCompare, “NuCypher (NU) tokens are used on the NuCypher network to incentivize network participants for providing key management services and accessing delegation/revocation operations. NuCypher is a decentralized encryption, access control, and key management system for public blockchains, offering end-to-end encrypted data sharing and decentralized storage solutions. NuCypher uses proxy re-encryption (PRE) technology to securely share private data between multiple participants in public consensus networks. NU tokens are also used for staking to run a NuCypher worker node, participating in the NuCypher DAO, and validating DAO proposals. The NuCypher network is protected against malicious staking and automatically slashes suspected users’ rewards.”

Buying and Selling NuCypher

It is usually not possible to buy alternative cryptocurrencies such as NuCypher directly using US dollars. Investors seeking to trade NuCypher should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NuCypher using one of the aforementioned exchanges.

NU/USD price chart by TradingView