Numeraire (NMR) Trading Down 12.7% Over Last 7 Days

Numeraire (NMR) traded down 4.6% against the dollar during the twenty-four hour period ending at 13:00 PM ET on February 26th. Numeraire has a market cap of $78.40 million and $2.04 million worth of Numeraire was traded on exchanges in the last 24 hours. In the last week, Numeraire has traded down 12.7% against the dollar. One Numeraire token can now be purchased for approximately $9.86 or 0.00011420 BTC on exchanges.

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

• Taiko (TAIKO) traded down 1.9% against the dollar and now trades at $0.88 or 0.00001019 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $86,570.31 or 1.00300927 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% lower against the dollar and now trades at $86,441.62 or 1.00151820 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Numeraire

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,674,659 tokens and its circulating supply is 7,953,879 tokens. The official website for Numeraire is numer.ai. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The official message board for Numeraire 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.

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 acquire Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the aforementioned exchanges.

NMR/USD price chart by TradingView