Numeraire Tops One Day Trading Volume of $9.07 Million (NMR)

Numeraire (NMR) traded 0.5% higher against the US dollar during the 1-day period ending at 13:00 PM ET on March 10th. Over the last seven days, Numeraire has traded down 18.3% against the US dollar. Numeraire has a market cap of $65.03 million and approximately $9.07 million worth of Numeraire was traded on exchanges in the last day. One Numeraire token can now be bought for approximately $8.16 or 0.00010357 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded down 1.4% against the dollar and now trades at $0.73 or 0.00000928 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.4% lower against the dollar and now trades at $79,336.52 or 1.00658059 BTC.
• SolvBTC (SOLVBTC) traded 4% lower against the dollar and now trades at $79,319.79 or 1.00636837 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Numeraire Token Profile

Numeraire’s launch date was June 21st, 2017. Numeraire’s total supply is 10,673,951 tokens and its circulating supply is 7,965,850 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 Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed here. The official website for Numeraire is numer.ai.

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

NMR/USD price chart by TradingView