Numeraire 1-Day Volume Hits $4.82 Million (NMR)

Numeraire (NMR) traded 5.6% lower against the dollar during the 1-day period ending at 14:00 PM Eastern on January 25th. Numeraire has a total market capitalization of $96.58 million and $4.82 million worth of Numeraire was traded on exchanges in the last day. In the last week, Numeraire has traded up 1.7% against the dollar. One Numeraire token can currently be bought for $16.40 or 0.00072179 BTC on popular cryptocurrency exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 5.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 4.1% lower against the dollar and now trades at $0.0590 or 0.00000260 BTC.
• CareCoin (CARES) traded down 4.1% against the dollar and now trades at $0.0732 or 0.00000322 BTC.
• OmniaVerse (OMNIA) traded up 1.4% against the dollar and now trades at $0.0020 or 0.00000009 BTC.
• Kitty Inu (KITTY) traded down 4.1% against the dollar and now trades at $90.60 or 0.00398993 BTC.
• Lunar (LNR) traded down 4.7% against the dollar and now trades at $0.0277 or 0.00000122 BTC.
• Hokkaidu Inu (HOKK) traded up 15.2% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded 4.1% lower against the dollar and now trades at $6,359.68 or 0.28006346 BTC.
• 2G Carbon Coin (2GCC) traded 0.1% lower against the dollar and now trades at $135.57 or 0.00597014 BTC.
• Lego Coin (LEGO) traded down 1.1% against the dollar and now trades at $0.0405 or 0.00000178 BTC.

Numeraire Token Profile

Numeraire’s genesis date was June 21st, 2017. Numeraire’s total supply is 10,931,080 tokens and its circulating supply is 5,888,504 tokens. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. The Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed here. Numeraire’s official website is numer.ai. The official message board for Numeraire is forum.numer.ai.

According to CryptoCompare, “Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, “Network effects get more valuable with every participant that uses them. What’s an example of that in a financial institution? We’ve never seen one before except for this.”Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a “crowdsale” or “ICO”.In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists.”

Buying and Selling Numeraire

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