Numeraire (CURRENCY:NMR) traded down 16.7% against the dollar during the 24 hour period ending at 22:00 PM E.T. on March 14th. One Numeraire token can currently be purchased for approximately $16.41 or 0.00201528 BTC on major exchanges including CryptoDerivatives, EtherDelta and Bittrex. During the last seven days, Numeraire has traded 30.8% lower against the dollar. Numeraire has a total market capitalization of $21.10 million and $540,881.00 worth of Numeraire was traded on exchanges in the last day.
Here’s how other cryptocurrencies have performed during the last day:
- Ripple (XRP) traded 15.7% lower against the dollar and now trades at $0.67 or 0.00008235 BTC.
- NEO (NEO) traded down 18.2% against the dollar and now trades at $69.17 or 0.00849569 BTC.
- Stellar (XLM) traded 18.9% lower against the dollar and now trades at $0.24 or 0.00002932 BTC.
- IOTA (MIOTA) traded down 17.6% against the dollar and now trades at $1.11 or 0.00013637 BTC.
- Tether (USDT) traded up 1% against the dollar and now trades at $1.01 or 0.00012421 BTC.
- TRON (TRX) traded down 15.3% against the dollar and now trades at $0.0305 or 0.00000375 BTC.
- VeChain (VEN) traded 16.7% lower against the dollar and now trades at $3.75 or 0.00046081 BTC.
- Binance Coin (BNB) traded down 13.2% against the dollar and now trades at $8.89 or 0.00109221 BTC.
- Populous (PPT) traded down 17.9% against the dollar and now trades at $15.66 or 0.00192337 BTC.
- Walton (WTC) traded 7.9% higher against the dollar and now trades at $22.77 or 0.00246724 BTC.
Numeraire Token Profile
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. White paper Forum “
Numeraire Token Trading
Numeraire can be bought or sold on these cryptocurrency exchanges: EtherDelta, Bittrex and CryptoDerivatives. It is not currently possible to buy Numeraire directly using US dollars. Investors seeking to acquire Numeraire must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Numeraire using one of the aforementioned exchanges.
Receive News & Updates for Numeraire Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Numeraire and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.