This topic is about Numeraire Crypto Coin to help readers know about the Ethereum-based platform and project that claims to be the first hedge fund.
Unlike typical hedge funds, Numeraire participates in the stock market using predictions and data generated by tournament competitors.
In addition to the concept underlying its creation, Numeraire and the Numerai crypto token are unique.
If users Worldwide want to trade Numeraire Crypto Coin, they must go through the guide below and find the facts.
What is the Numeraire token?
An Ethereum or ETH-based platform, Numeraire, allows data scientists and developers to design and experiment with more reliable models for machine learning.
The primary purpose of this Ethereum-based online crypto platform is to decentralize data science by allowing developers to contest the creation of successful prediction models for machine learning.
It also purports to have been the first hedge fund to use machine learning in its investment plan effectively.
Who founded Numeraire Crypto Coin?
Numeraire is the unique platform that claims to be the first-ever hedge fund to debut a virtual currency on the crypto market, originally founded in San Francisco in late 2015. The founder details of the Numeraire platform is as follows:
- CEO and Founder- Richard Craib
Price chart of Numeraire token:
- Price- 30.85USD
- 24 Hours low- 19.80 USD
- 24 Hours High- 33.75 USD
- 24 Hours Volume- 223 335 243 USD
- All-time High- 168.49 USD
- All-time Low- 1.93 USD
- Market Cap- 181 548 086 USD
- Fully Diluted Market Cap- 339 140 309 USD
- Total Value Locked (TVL)- 8 562 753
- Circulating Supply of Numeraire Crypto Coin – 5 888 503.64 NMR
- Maximum Supply- 11 000 000
- Total Supply- 10 970 118
- Market Rank- # 254
- Contract Address- 0x1776e1F26f98b1A5dF9cD347953a26dd3Cb46671
Numeraire to USD Conversion rate:
- 1 NMR = 30. 75 USD
- 2 NMR = 61.50 USD
- 3 NMR = 92.26 USD
- 4 NMR = 123.01 USD
- 5 NMR = 153.76 USD
- 10 NMR = 307.52USD
- 20 NMR = 615.01 USD
- 50 NMR = 1537.51 USD
- 100 NMR = 3075.03 USD
Price Prediction and Statics of Numeraire token:
The current Numaire or NMR crypto token price is about 30.85 USD, holding a # 254 rank in the crypto market.
Its total supply is about 10 970 118 Numeraire Crypto Coin tokens, with about 11 000 000 maximum tokens and around 5 888 503.64 NMR coins in circulation.
This Numeraire token was high, about 33.75 USD in the past 24 hours, up by about 58.37 percent.
Is the NMR token a good investment?
When more individuals enter the event and begin battling, the crypto token gets more expensive.
Furthermore, the tournament models enable Numerai or NMR to play an active role in share market staking based on the results given by participant projects.
It is among a bit of hedge funds that hinge on heavily on AI-generated data forecasts because of its innovative method to share trading.
How to buy the NMR token?
If you want to trade Numeraire Crypto Coin or NMR crypto-token, KuCoin, BingX, Mandala Exchange, OKX, and Binance are the leading and advanced crypto exchanges.
What are the FAQs?
Q-What is the all-time high of Numaire or NMR Token?
- The all-time high of Numaire or NMR Token is approximately 168.49 USD.
Q- What is the all-time low of Numaire or NMR Token?
- The all-time low of Numaire or NMR Token is about 1.93 USD. Read here to know the facts about Numaire or NMR token.
Conclusion:
According to reports, Numeraire is the first virtual currency to be produced and launched by a hedge firm.
Its Numeraire Crypto Coin is given to the data scientists or creators whose models do perfectly in the Numerai tournament, one of its key advantages.
Additionally, read more details about what You Must Know Before Investing In The Cryptocurrency.