Numeraire

Live nmr/INR Price

1,2740.15

Price Changes

0

24h Low

24h High

Live nmr/INR Price

1,2740.15

Price Changes

0

24h Low

24h High

nmr

NMR Price Statistics

Numeraire Price Today


Numeraire Price

1,274.0824


Price Change24h

0.12%


Price Change7d

1.09%


Market Rank

#251


Market Cap

718 Cr


Trade Volume24h

31 Cr


Circulating Supply

58,88,504 NMR


Trading Activity

60% Buy 40% Sell

It allows users to earn NMR tokens in exchange for uploading the stock market predictions.

– It aims for everyone’s access to financial products.

– It is an ERC-20 token of Ethereum.

– It has a market capitalization of more than $4 billion.

– It has a maximum supply of 11 million Numeraire coins.

Numerai was founded in 2015, and it claims to be the first hedge fund to launch a cryptocurrency.

It started with a vision to bring data science to a decentralized platform like blockchain, where people develop better machine learning models. It has better security levels that don’t compromise on the data and incentivizes scientists for making financial models. The users can stake their cryptocurrency and earn rewards on the platform through the predictions made by scientists.

It rewards scientists every week with Bitcoin if they win the model.

– NMR tokens are burnt on a regular basis that could possibly lead to inflation in prices.

– It is the first cryptocurrency that has been released by a hedge fund.

FAQ's

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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