Numeraire Price Down 18.6% This Week (NMR)

Numeraire (NMR) traded 4.6% lower against the dollar during the 24 hour period ending at 14:00 PM ET on June 11th. In the last seven days, Numeraire has traded down 18.6% against the dollar. Numeraire has a market cap of $157.69 million and approximately $4.74 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can now be purchased for $23.06 or 0.00034324 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 2.3% lower against the dollar and now trades at $0.24 or 0.00000353 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.1% lower against the dollar and now trades at $0.0103 or 0.00000015 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Numeraire Token Profile

Numeraire was first traded on June 21st, 2017. Numeraire’s total supply is 10,717,773 tokens and its circulating supply is 6,839,288 tokens. The official message board for Numeraire is forum.numer.ai. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The official website for Numeraire is 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 possible to purchase alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to trade Numeraire should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Numeraire using one of the aforementioned exchanges.

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