NuCypher Self Reported Market Capitalization Tops $240.58 Million (NU)

NuCypher (NU) traded 7.3% lower against the U.S. dollar during the one day period ending at 7:00 AM ET on March 28th. One NuCypher token can currently be bought for about $0.17 or 0.00000247 BTC on major cryptocurrency exchanges. NuCypher has a total market capitalization of $240.58 million and $28,403.10 worth of NuCypher was traded on exchanges in the last day. During the last seven days, NuCypher has traded 56.2% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 3.3% lower against the dollar and now trades at $0.45 or 0.00000638 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 1.2% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.3% against the dollar and now trades at $0.0092 or 0.00000013 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 official message board for NuCypher is blog.nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. NuCypher’s official website is nucypher.com. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here.

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 currently possible to buy alternative cryptocurrencies such as NuCypher directly using US dollars. Investors seeking to trade NuCypher should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NuCypher using one of the aforementioned exchanges.

NU/USD price chart by TradingView