Numeraire (NMR) - A New Age Crypto for Decentralized Finance (DeFi) and Online Communities

$37.78

buy/sell Numeraire

Understanding Numeraire (NMR) Crypto: History, Benefits, and Future Potentials

Numeraire (NMR) is a decentralized cryptographic token that is designed for use on the Numerai platform, a crowdsourced hedge fund that uses artificial intelligence and machine learning models to make predictions on financial markets. NMR is used to incentivize and reward algorithm developers who contribute accurate trading models to the Numerai platform. It also serves as a governance token, allowing holders to propose and vote on changes to the platform's protocols and policies. NMR is built on the Ethereum blockchain and is ERC-20 compliant.

Numeraire (NMR) price chart, [1 week]

What is Numeraire (NMR) Crypto?

Numeraire (NMR) is a cryptocurrency that is used on the Numerai platform – a decentralized platform that connects data scientists to hedge funds for the purpose of developing predictive models. It was created by Numerai – a hedge fund that uses machine learning to make investment decisions. The concept behind Numeraire is to incentivize data scientists to develop accurate predictive models by rewarding them with NMR tokens.

The Numeraire platform is unique in that it allows data scientists to compete against one another to create the most accurate predictive models. The platform provides these data scientists with encrypted financial data that they can use to develop their models. Data scientists are then able to submit their models to the platform where they are evaluated based on their performance. Models that prove to be accurate are rewarded with NMR tokens.

The purpose of using NMR tokens as a reward is to give data scientists a stake in the success of their predictive models. This incentivizes them to focus on accuracy rather than simply submitting as many models as possible. It also ensures that the best predictive models rise to the top, benefiting both the platform and its users.

Since its launch in 2017, Numeraire has gained a significant following. As of 2021, it has a market capitalization of over $200 million. The Token has also witnessed some significant price rallies which have attracted the attention of traders.

How Can You Buy NMR Tokens?

Numerai is not yet as widely supported by exchanges as some of the more established cryptocurrencies. To purchase NMR tokens, the best approach is to use a cryptocurrency exchange that supports the token. Some of the leading exchanges that support NMR include Bittrex, Upbit, and Coinbase Pro.

Conclusion

Numeraire (NMR) is a unique cryptocurrency that is used as a reward for data scientists who develop accurate predictive models on the Numerai platform. It provides a unique approach to incentivizing participants and ensuring that the best models rise to the top. As the platform continues to grow and evolve, it is likely that the demand for NMR tokens will only increase.

Numeraire (NMR) Price Prediction Crypto

Numeraire (NMR) is a cryptocurrency that was launched in 2017. It was created by the hedge fund Numerai and is used to incentivize data scientists to build predictive models that can be used by the company to make investments.

The NMR token has had a rocky ride since its debut. It reached an all-time high of $40.42 in June 2018, but then suffered a precipitous decline, dropping below $2.00 by December of that year. However, the token has been making a comeback in recent months, with its price hovering above the $40 mark once again.

So, what does the future hold for NMR? As with any cryptocurrency, predicting its price movements is a tricky business. However, there are some factors that could influence the token's value in the coming months and years:

In short, there are no guarantees when it comes to NMR's price. However, if Numerai continues to be successful, the demand for NMR could rise, potentially leading to higher prices. On the other hand, competition and regulatory issues could stifle growth. As with any investment, it's important to do your own research and to be prepared for volatility.

Is Numeraire (NMR) a Good Investment for Crypto Investors?

Numeraire (NMR) is a cryptocurrency that was launched in 2017. It is a decentralized platform that seeks to provide accurate predictions for various trading activities. The platform incentivizes the creation of prediction models by offering rewards to users who create models that perform well. The rewards are paid in NMR tokens, and users can use NMR tokens to stake on the predictions made by other users on the platform.

As with any cryptocurrency, investing in NMR carries a certain amount of risk. However, there are several factors that make NMR an attractive investment option:

Ultimately, whether or not NMR is a good investment depends on your investment goals and risk tolerance. As with any investment, it's important to do your own research and consider the potential risks and rewards before making a decision.

Where to Buy Numeraire (NMR) Crypto?

Numeraire (NMR) is a cryptocurrency that is used as a utility token to incentivize people to build better predictive models. If you are interested in investing in Numeraire, you can buy it from a cryptocurrency exchange. Here are some popular crypto exchanges where you can purchase NMR:

Before you invest in NMR, make sure you do your own research and understand the risks involved. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. It is important to invest only what you can afford to lose.

List of all exchanges for NMR trading 

crypto exchange volume 1h, USD volume 1d, USD volume 1m, USD to website
KrakenKraken 90,353,992.26 3,194,313,389.4 69,601,180,496.36 open
BinanceBinance 502,824,167.29 9,090,068,510.83 188,021,668,265.13 open
Coinbase ProCoinbase Pro 78,884,758.77 1,478,102,740.34 22,867,148,390.71 open
BITHUMBBITHUMB 5,513,327.62 194,320,155.65 3,746,650,476.72 open
GeminiGemini 2,463,829.41 83,701,125 2,274,562,528.5 open
BittrexBittrex 146,814.79 3,073,349,378.36 41,831,266,224,903.31 open
POLONIEXPOLONIEX - - - open
OKExOKEx 2,380,445,668.47 39,517,338,303.71 1,612,989,626,930.74 open
HitBTCHitBTC 19,791,120.51 484,138,429.18 15,830,480,116.63 open
KucoinKucoin 49,187,724.63 33,734,801,998.95 335,758,426,170.95 open
UPbit KoreaUPbit Korea 12,981,098.14 623,548,363.3 12,724,526,476.89 open
KorbitKorbit - - - open
WazirXWazirX 64,463.08 1,644,688.63 33,818,560.43 open
DDEXDDEX - - - open
DigiFinexDigiFinex 1,297,889,598.74 35,576,044,616.3 1,263,421,715,269.09 open
LATOKENLATOKEN 1,346,170.31 40,065,522.93 22,467,500,059,962.35 open
BitMartBitMart - - 49,613,395,428,461,970 open
CryptologyCryptology 2,954,244.13 49,054,188.01 988,186,833.43 open
ABCCABCC - - - open
BitrueBitrue - - - open
YObitYObit 115,914,238,901.84 3,519,561,319,214.73 7,536,488,398,464.74 open
Gate.ioGate.io 26,476,452,860,590,824 649,168,688,929,442,600 19,254,978,731,058,377,000 open
BilaxyBilaxy - - - open

all brokers

AvaTrade

AvaTrade

forex cfd crypto stock options etf bond index commodity

leverage

up to 400:1

min deposit

$100

trading platforms

  • AvaTradeGO
  • MetaTrader 4/5
  • WebTrader
  • AvaSocial
  • AvaOptions

Trading signals in Telegram / Youtube

Uncle Sam trading signals

Uncle Sam signal

crypto forex

rating

period

Intraday

price

Free

social networks

all coins

exchanges

coins

Numeraire #273
rank coin price $ market cap $ volume 24h $ % 24h % 7d
1 70736.91 1,391,178,414,200 35,391,663,160 2.78 8.31
2 3562.64 427,772,969,398 16,833,971,470 1.5 2.46
3 1.00 104,490,946,646 74,684,508,760 0.08 0.04
4 581.39 86,939,551,284 1,994,621,863 2.02 4.85
5 1.00 32,295,051,608 8,189,773,218 -0.02 -0.02
6 0.62837 34,487,663,799 1,791,558,056 2.46 -1.77
7 0.65039 23,142,053,918 472,889,236 0.01 2.61
8 0.22319 32,063,455,196 6,537,955,508 20.12 46.03
9 0.12035 10,561,161,965 255,822,983 0.86 -0.52
11 1.00 9,946,528,171 348,526,682 -0.55 1.41
12 93.86 6,979,907,262 696,946,184 -0.08 8.87
13 9.53 13,600,267,897 254,533,474 0.98 2.89
14 4.88 16,927,337,697 143,225,357 -2.51 19.56
15 1.00 5,349,321,267 929,297,347 0.02 0
16 1.00 84,553,017 38,378,755 0.06 0.02
17 70757.99 10,996,975,090 197,534,055 2.71 8.28
18 0.0000320 18,866,682,481 1,785,051,276 6.29 18.17
19 54.77 20,670,511,693 494,633,881 1.11 1.3
21 1.00 495,043,780 61,437,255 0.03 -0.5
22 12.31 4,811,050,560 250,533,440 -1.95 4.5
23 19.16 11,250,792,534 390,190,876 -0.94 2.77
24 12.76 7,642,120,902 164,231,713 4.3 6.6
25 63.17 3,790,219,562 10,441,375 -2.49 6.82
26 136.01 2,504,756,857 51,223,325 -1.87 -2.23
27 32.58 4,765,271,818 256,326,047 2.27 7.46
28 0.13785 3,970,781,903 112,016,099 2.78 3.63
29 576.75 11,351,495,383 1,238,958,710 6.65 38.66
30 17.66 8,149,584,980 354,524,458 -4.75 36.18
31 9.30 4,907,574,706 225,967,046 2.07 1.93
32 2.91 2,591,060,675 78,158,193 -2.57 2.82
33 0.11621 3,916,278,725 64,088,078 2.06 5.56
34 17.00 6,746,629,358 329,135,648 -5.13 12.56
35 138.63 1,673,662,549 30,808,050 1.85 10.42
36 0.15507 4,120,526,603 29,206,336 5.76 13.37
38 7.20 7,593,963,761 348,587,550 -0.3 9.47
39 0.04730 3,439,343,043 100,355,493 7.66 14.42
41 0.41142 3,890,706,686 248,512,283 3.64 8.18
42 0.27234 2,201,119,192 80,211,588 0.83 9.66
43 32.24 651,740,120 6,381,304 2.02 0.29
44 3.45 5,002,201,608 132,995,262 2.81 5.9
45 61.16 1,635,873,124 31,869,296 0.8 1.18
46 2.04 1,231,702,720 56,362,777 1.67 7.1
48 1.00 2,811,659,018 183,707,996 -1.09 -6.69
49 3.73 3,747,995,113 251,994,111 0.99 9.39
50 126.97 1,874,967,402 91,524,385 1.81 4.01
51 11.24 4,291,276,833 337,543,499 4.1 3.58
52 0.99770 730,135,919 7,182,593 -0.12 -0.23
53 0.69240 1,559,090,036 147,072,670 1.46 8.42
54 12.17 1,171,352,019 6,329,825 4.18 -16.76
55 1.09 1,225,456,373 134,886,651 2.67 7.29
56 1.40 1,367,059,970 41,631,402 1.43 12.36
57 3577.67 3,307,484,797 160,113,204 10.6 6.19
58 2.94 2,944,516,106 49,023,755 -1.4 4.49
59 0.67566 1,289,384,853 87,792,609 1.58 6.52
60 11.22 1,596,417,643 67,682,668 1.97 11.46
61 2.96 4,216,394,694 61,256,735 1.65 3.82
62 0.48223 1,855,130,382 105,437,529 0.94 9.23
63 0.99936 132,362,214 1,739,123 -0.1 -0.23
65 0.00016 925,787,907 54,786,606 3.3 10.59
66 0.70036 814,449,190 56,401,082 0.91 3.87
67 0.06721 2,036,518,306 176,133,464 2.09 18.07
68 38.22 3,569,918,936 127,581,209 0.93 1.89
69 2212.30 406,724,071 8,663,929 1.81 1.86
70 92.40 1,817,854,258 106,367,848 0.86 15.72
72 0.26895 960,673,577 21,247,285 1.45 7.59
73 1.40 2,093,391,256 93,946,202 1.33 6.78
74 0.14426 1,282,264,999 60,124,944 1.9 5.63
76 0.05037 700,386,420 14,505,271 2.04 10.48
78 0.03941 468,837,710 11,855,399 2.18 -1.42
79 0.35618 1,136,661,705 34,019,690 3.23 9.67
80 1.01 1,095,161,476 27,337,656 3.17 5.02
81 45.37 432,487,682 19,616,162 0.57 -1.88
82 0.85676 138,995,827 3,135,388 -0.38 3.61
83 30.90 504,619,286 63,116,398 -1.16 4.84
84 7.62 600,353,318 26,120,626 -1.03 2.39
86 0.0000665 1,307,951,535 84,732,217 1.67 28.69
87 9.42 908,752,543 82,855,966 2.22 34.39
88 1.26 1,359,229,049 51,620,940 1.14 3.03
90 38.38 450,231,390 56,151,949 1.58 7.28
91 1.34 752,299,236 7,496,669 1.78 1.05
92 0.45472 837,643,559 18,139,261 -1.14 -1.5
93 4.56 1,121,846,815 196,452,627 3.56 12.5
94 5.21 499,970,478 238,868,464 3.46 14.31
95 0.39376 538,155,336 33,291,590 -0.12 1.19
97 0.03713 645,031,547 76,343,435 4.93 9.93
98 367.17 950,816,035 13,936,775 2.89 6.67
99 0.03564 1,312,353,897 12,277,379 4.25 7.3
100 4.19 396,199,096 7,085,316 1.65 7.79
101 3.48 1,029,595,306 43,536,501 0.94 2.32
102 1.41 1,798,536,466 418,881,704 10.03 34.93
103 0.14112 947,403,386 36,338,410 0.32 -1.53
104 0.50012 690,090,923 25,907,546 1.64 -0.97
105 0.60218 689,809,044 33,831,503 3.28 9.01
106 0.33345 496,976,673 29,098,617 -0.87 9.8
107 0.60498 909,330,692 62,592,204 2.42 3.76
108 4.26 421,856,509 40,523,883 -1.17 6.63
109 1.37 889,197,439 40,829,101 1.06 0.98
110 41.22 420,056,119 7,573,795 -0.48 1.41
111 0.05264 473,795,002 9,921,194 0.44 8.79
more

Brokers by country