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M. Cap$2.55 T -1.83%24h Vol$101.00 B -13.69%BTC$67,348.82 -1.26%ETH$3,757.10 -2.22%S&P 500$5,265.00 -0.74%Gold$2,338.58 -0.96%BTC Dominance52.10%
  • #301

Numeraire NMR

NMR Price

$28.25-4.22%
Price Range--
--

Market Cap 

$193.73 MRank #301

FDV 

$302.79 MRank #327

Investors

Twitter Followers

Detailed Performance

SentimentBullish

NMR shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
NMR/USD
-0.33%-4.30%-4.39%21.57%-11.41%87.23%
-0.62%-3.00%-1.94%13.43%-19.62%-23.15%
-0.28%-2.04%-4.78%2.75%-20.81%-5.53%
-0.02%-2.00%-4.42%9.26%-4.43%-12.27%

NMR to USD Converter

NMR

Price History

All-Time High
$92.80
3.28x to ATH
All-Time Low
$1.93
14.61x to ATL
Trade Launch Date
23 Jun, 2017
2532 days ago

Fundraising

See more
--USD ROI
--BTC ROI
--ETH ROI
ICO Price
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Funds Raised
$20.00 M
Tokens Sold
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Exchanges

Exchanges type

Binance Futures
NMRUSDT
20x
$28.28$4.21 M33.882%Recently
OKX Futures
NMR-USDT-SWAP
$28.26$2.42 M19.488%Recently
Binance
NMR/USDT
3x
$28.22$1.55 M12.462%Recently
Bybit (Futures)
NMRUSDT
$28.24$1.42 M11.397%Recently
LBank
NMR/USDT
$28.20$596,387.204.798%Recently

About NMR

Numeraire is a token associated with the hedge fund platform Numerai. It is used to incentivize data scientists to contribute their predictive models to the platform. The value of Numeraire increases with the success of the hedge fund, as Numerai pays out more bitcoin to data scientists who bet on Numeraire as the fund grows. The token's value is also influenced by news that constricts its supply or creates higher demand.

What makes Numeraire unique?

Numeraire stands out from other cryptocurrencies due to its unique purpose and functionality. Unlike many other cryptocurrencies, Numeraire is not primarily used as a medium of exchange or store of value. Instead, it serves as a utility token within the Numerai platform, which is a hedge fund that uses crowdsourced data science to make investment decisions.
Numeraire holders, who are data scientists participating in the Numerai tournament, can stake their tokens on their predictions. If their predictions are accurate, they can earn additional rewards in the form of bitcoin. This creates an incentive for data scientists to contribute high-quality predictions and collaborate on improving the fund's performance.
Furthermore, the value of Numeraire is directly linked to the success of the hedge fund. As Numerai pays out more bitcoin rewards to data scientists, the demand for Numeraire increases, potentially driving up its value. This unique mechanism aligns the interests of token holders with the fund's performance.
It's important to note that Numerai focuses on trading global equities rather than cryptocurrencies, which sets it apart from many other crypto projects.

Live Numeraire Price Data

The current price of Numeraire (NMR) is approximately $28.25, reflecting a decrease of -4.22% in the last 24 hours. The NMR trading volume in the last 24 hours stands at $3.52 million. Numeraire's market cap is currently $193.73 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of NMR is 6.84 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Numeraire's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on NMR, check out our crypto insights page.

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