Numeraire Price Tops $16.83 on Major Exchanges (NMR)

Numeraire (NMR) traded up 0.5% against the US dollar during the one day period ending at 19:00 PM Eastern on January 25th. Over the last week, Numeraire has traded up 6.4% against the US dollar. One Numeraire token can now be bought for about $16.83 or 0.00072804 BTC on popular exchanges. Numeraire has a market capitalization of $99.09 million and $4.85 million worth of Numeraire was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded up 2.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 3.7% higher against the dollar and now trades at $0.0611 or 0.00000264 BTC.
• CareCoin (CARES) traded 3.7% higher against the dollar and now trades at $0.0759 or 0.00000328 BTC.
• OmniaVerse (OMNIA) traded down 21% against the dollar and now trades at $0.0016 or 0.00000007 BTC.
• Kitty Inu (KITTY) traded 3.7% higher against the dollar and now trades at $93.95 or 0.00406323 BTC.
• Lunar (LNR) traded 2.6% lower against the dollar and now trades at $0.0278 or 0.00000120 BTC.
• Hokkaidu Inu (HOKK) traded 11.6% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded up 3.7% against the dollar and now trades at $6,594.55 or 0.28520853 BTC.
• 2G Carbon Coin (2GCC) traded 0.3% higher against the dollar and now trades at $135.76 or 0.00587151 BTC.
• Lego Coin (LEGO) traded 5.7% lower against the dollar and now trades at $0.0406 or 0.00000176 BTC.

Numeraire Profile

Numeraire launched on June 21st, 2017. Numeraire’s total supply is 10,931,080 tokens and its circulating supply is 5,888,504 tokens. Numeraire’s official website is numer.ai. The Reddit community for Numeraire is https://reddit.com/r/numerai and the currency’s Github account can be viewed here. Numeraire’s official Twitter account is @numerai and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as Numeraire directly using US dollars. Investors seeking to acquire Numeraire should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Numeraire using one of the exchanges listed above.