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Numeraire price

Numeraire priceNMR

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Price of Numeraire today

The live price of Numeraire is $22.28 per (NMR / USD) today with a current market cap of $169.12M USD. The 24-hour trading volume is $27.08M USD. NMR to USD price is updated in real time. Numeraire is 4.18% in the last 24 hours. It has a circulating supply of 7,589,783 .

What is the highest price of NMR?

NMR has an all-time high (ATH) of $168.49, recorded on 2017-06-25.

What is the lowest price of NMR?

NMR has an all-time low (ATL) of $1.93, recorded on 2018-11-26.
Calculate Numeraire profit

Numeraire price prediction

When is a good time to buy NMR? Should I buy or sell NMR now?

When deciding whether to buy or sell NMR, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget NMR technical analysis can provide you with a reference for trading.
According to the NMR 4h technical analysis, the trading signal is Strong buy.
According to the NMR 1d technical analysis, the trading signal is Strong buy.
According to the NMR 1w technical analysis, the trading signal is Strong buy.

What will the price of NMR be in 2025?

Based on NMR's historical price performance prediction model, the price of NMR is projected to reach $34.19 in 2025.

What will the price of NMR be in 2030?

In 2030, the NMR price is expected to change by -14.00%. By the end of 2030, the NMR price is projected to reach $59.51, with a cumulative ROI of +169.25%.

Numeraire price history (USD)

The price of Numeraire is +42.94% over the last year. The highest price of NMR in USD in the last year was $54.17 and the lowest price of NMR in USD in the last year was $9.59.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+4.18%$20.68$23.4
7d+27.04%$17.49$23.4
30d+65.86%$13.11$22.82
90d+58.57%$12.36$23.64
1y+42.94%$9.59$54.17
All-time-36.61%$1.93(2018-11-26, 6 years ago )$168.49(2017-06-25, 7 years ago )

Numeraire market information

Market cap
$169,120,838.89
+4.18%
Fully diluted market cap
$245,109,668.87
+4.18%
Volume (24h)
$27,083,394.64
+69.60%
Market rankings
Circulation rate
71.00%
24h volume / market cap
16.01%
Circulating supply
7,589,783 NMR
Total supply / Max supply
10,687,714.69 NMR
11,000,000 NMR
Buy Numeraire now

Numeraire ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Numeraire (NMR)

What Is Numeraire?

Numeraire is a cryptocurrency and software, acting as a hedge fund, designed to facilitate the trading of equities on the Ethereum blockchain. Launched in 2017, it was the world’s first cryptocurrency issued by a hedge fund and has gained substantial popularity and recognition, backed by notable entities such as Union Square Ventures and the co-founder of Coinbase. Numeraire operates as a unique platform, incorporating artificial intelligence and data science tournaments, where users can stake their crypto to back their market predictions.

The platform is designed to remove human emotion from trading strategies, allowing users to build machine learning models on abstract financial data to predict stock market trends. It provides a new-age trading experience by aggregating advanced AI algorithms, data scientists, and input from regular users. Numeraire focuses on creating a system where predictions are made by a global network of data scientists, who stake cryptocurrency on their predictions, making the platform a hub for innovative trading strategies and techniques.

Resources

Whitepaper: https://numer.ai/whitepaper.pdf

Official Website: https://numer.ai/

How Does Numeraire Work?

Numeraire operates on the Ethereum blockchain, offering full interoperability within the Ethereum ecosystem. It leverages a system called a Metamodel that incorporates all the predictions it receives from participants in its application network. The platform has two main components: Signals and Tournaments. Signals allow users to upload stock market strategies that support specific stocks or trading styles, while Tournaments are weekly competitions where users submit trading algorithms about the stock markets.

In these tournaments, data scientists stake Numeraire (NMR) on their predictions, and the mechanism for resolving these stakes is based on an auction that rewards correct predictions regarding a model’s capability to perform well on new data. The platform automatically reviews the predictions to see who was correct, rewarding users who have staked their NMR coins to a correct outcome or destroying those who made false predictions. This unique system allows Numeraire to focus on the most promising models and enhance the performance of their hedge fund.

What Is NMR Token?

NMR is the native utility token for the Numeraire network, operating as a smart contract on the Ethereum blockchain. Users must hold NMR to participate in any Numeraire features or services, such as staking on outcomes, conducting payments, and rewarding tournament participants. The maximum number of NMR tokens that can be created is 21 million, with Numerai distributing some of them to data scientists based on their performance on the Numerai leaderboard. NMR tokens continue to be a reward for data scientists who excel in Numerai’s machine learning competition.

Numeraire's Impact on Finance

Numeraire has brought a transformative approach to the financial sector by combining blockchain technology, artificial intelligence, and data science. It has made a significant impact by allowing a diverse range of users, from novice to experienced traders, to learn varying strategies and secure higher ROIs. By removing human emotion and intervention from trading and focusing on data-driven, algorithmic predictions, Numeraire is paving the way for a new era of trading, marked by enhanced accuracy and efficiency.

Numeraire’s innovative approach to utilizing blockchain technology and artificial intelligence in finance is setting new standards in the industry, contributing to the continuous adoption and evolution of decentralized finance (DeFi) solutions and blockchain-based financial instruments.

What Determines Numeraire's Price?

The price of Numeraire (NMR) is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. The cryptocurrency price is primarily determined by supply and demand dynamics, with higher demand and limited supply typically leading to an increase in price. Market sentiment, driven by cryptocurrency news and trends, also plays a crucial role, as positive news can lead to increased demand, while negative news can lead to a decrease in price. Cryptocurrency analysis and charts are essential tools for both beginners and experts in the crypto community, providing insights into potential price movements and helping in making informed decisions on whether it is a good investment.

In the volatile world of cryptocurrency, price prediction becomes a crucial aspect for investors looking to optimize their crypto portfolio management. The Numeraire price is also influenced by its utility and adoption in the cryptocurrency market, with increased usage and acceptance leading to a potential increase in value. Cryptocurrency enthusiasts and experts often analyze the regulatory environment, as cryptocurrency regulation can significantly impact the market. For those looking to buy Numeraire, it is available on leading exchanges such as Bitget, and it's essential to consider cryptocurrency security and be aware of potential risks and scams in the market.

Looking at 2023 and beyond, the best crypto investment would be one that balances risk and reward efficiently, considering the inherent market volatility. Numeraire, with its innovative approach to combining artificial intelligence and blockchain, presents a unique proposition in the market. However, potential investors should conduct thorough research, consider cryptocurrency trading strategies, and stay updated with cryptocurrency events and news to navigate the complexities of the cryptocurrency market effectively.

Numeraire Social Data

In the last 24 hours, the social media sentiment score for Numeraire was 3, and the social media sentiment towards Numeraire price trend was Bullish. The overall Numeraire social media score was 0, which ranks 1306 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Numeraire being mentioned with a frequency ratio of 0%, ranking 1306 among all cryptocurrencies.

In the last 24 hours, there were a total of 126 unique users discussing Numeraire, with a total of Numeraire mentions of 2. However, compared to the previous 24-hour period, the number of unique users increase by 85%, and the total number of mentions has decrease by 60%.

On Twitter, there were a total of 0 tweets mentioning Numeraire in the last 24 hours. Among them, 0% are bullish on Numeraire, 0% are bearish on Numeraire, and 100% are neutral on Numeraire.

On Reddit, there were 26 posts mentioning Numeraire in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 4% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#1306)
Social contributors (24h)
126
+85%
Social media mentions (24h)
2(#1306)
-60%
Social media dominance (24h)
0%
X
X posts (24h)
0
0%
X sentiment (24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score (24h)
12
Reddit posts (24h)
26
+4%
Reddit comments (24h)
0
0%

How to buy Numeraire(NMR)

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FAQ

What is use case of Numeraire?

Numerai is a blockchain-based platform that uses machine learning to create prediction models for the stock market, aiming to decentralize data science and financial predictions. It also operates as a hedge fund where users trade equities based on predictions generated by a global network of data scientists. The NMR cryptocurrency, an ERC-20 token, powers the Numerai platform and is staked by developers to participate in prediction model competitions. Numerai creates abstract financial datasets that are challenging for humans to interpret, prompting numerators (participants) to build machine learning models to predict stock market outcomes. Successful models earn numerators rewards in cryptocurrency, which can be used for future trading on the platform.

Is Numeraire a good investment?

Numeraire (NMR) is a unique cryptocurrency with potential for investment. As the native token of an AI-powered blockchain hedge fund, its utility and demand may increase as interest in the Numerai platform grows. Additionally, a bullish sentiment in the crypto market, especially towards AI tokens, can drive demand for Numeraire and potentially raise its price.

What is Numeraire price prediction?

Predicting the price of Numeraire (NMR) in the highly volatile crypto market is challenging. Price movements depend on factors like user activity on the Numerai platform, developments related to Numerai, and the overall market sentiment towards cryptocurrencies. Positive developments and a bullish market sentiment can drive up the NMR price, while bearish sentiment may lead to price declines.

How can I stake Numeraire?

To participate in the Numerai platform and make your predictions official, follow these steps: - Sign up for a Numerai account if you're a new user. - Access and download the training data and example scripts. - Create your data model and submit your predictions on the platform. - Stake your NMR tokens on your submitted models, allowing you to earn or burn tokens based on their performance. - You can submit models on a weekly basis, potentially increasing your NMR holdings over time. - Keep in mind that the more tokens you stake, the higher the risk/reward ratio on Numerai. By staking NMR tokens and participating in the platform, you can potentially earn rewards based on the success of your prediction models.

What is the history of Numeraire?

Numerai is an AI-powered crowd-sourced hedge fund founded by Richard Craib in December 2015. The platform introduced the NMR token in February 2017 to incentivize participation in tournaments. In March 2019, Numerai raised $11 million through an ICO to launch its Erasure project. The Masterplan introduced the idea of predictive models with a network of data scientists in October 2017. Numerai Signals, a market-neutral long/short equity strategy, was launched in October 2020, utilizing traditional and alternative data sources. Summarised, Numerai is a platform combining AI, data science, and blockchain technology for predictive modeling and hedge fund strategies, with the NMR token as a key element for participation and rewards.

Is Numeraire secure?

Numeraire operates on the Ethereum network as an ERC-20 protocol, utilizing smart contracts to maintain transparency and enforce a total supply limit of 11 million NMR tokens. The Erasure protocol, also built on Ethereum, safeguards rewards by destroying NMR staked on incorrect prediction models while rewarding users who stake NMR on correct outcomes, ensuring the integrity of the incentivization system.

What is the current price of Numeraire?

The live price of Numeraire is $22.28 per (NMR/USD) with a current market cap of $169,120,838.89 USD. Numeraire's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Numeraire's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Numeraire?

Over the last 24 hours, the trading volume of Numeraire is $27.08M.

What is the all-time high of Numeraire?

The all-time high of Numeraire is $168.49. This all-time high is highest price for Numeraire since it was launched.

Can I buy Numeraire on Bitget?

Yes, Numeraire is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Numeraire?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Numeraire with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Numeraire (NMR)?

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1 NMR = 22.28 USD
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Bitget Insights

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2024/11/23 14:50
🤔🎯 _A Comparison of ASI Coin with Other Cryptocurrencies: A Market Analysis_ ✨👏
_A Comparison of ASI Coin with Other Cryptocurrencies: A Market Analysis_$ASI The cryptocurrency market is highly competitive, with numerous cryptocurrencies vying for market share. ASI Coin, a decentralized AI platform, has gained significant attention in recent times. In this market analysis, we'll compare ASI Coin with other cryptocurrencies, examining their market capitalization, trading volume, and price volatility. _Comparison of ASI Coin with Other Cryptocurrencies_ 1. _Market Capitalization_: ASI Coin's market capitalization is significantly lower compared to established cryptocurrencies like Bitcoin and Ethereum. 2. _Trading Volume_: ASI Coin's trading volume is relatively low compared to other cryptocurrencies, indicating a smaller market presence. 3. _Price Volatility_: ASI Coin's price volatility is relatively high compared to other cryptocurrencies, indicating a higher risk for investors. _Comparison with Other AI-Focused Cryptocurrencies_ 1. _SingularityNET (AGI)_: SingularityNET is a decentralized AI marketplace that enables the creation, sharing, and monetization of AI services. ASI Coin's focus on decentralized AI applications and SingularityNET's emphasis on AI service marketplaces differentiate the two platforms. 2. _Numerai (NMR)_: Numerai is a decentralized AI platform that enables data scientists to create and share AI models for predictive modeling. ASI Coin's focus on decentralized AI applications and Numerai's emphasis on predictive modeling differentiate the two platforms. _Market Trends and Outlook_ 1. _Growing Demand for AI-Powered Solutions_: The increasing demand for AI-powered solutions is driving growth in the AI-focused cryptocurrency market. 2. _Increasing Adoption of Decentralized Technologies_: The growing adoption of decentralized technologies is driving growth in the decentralized AI market. 3. _Regulatory Challenges_: Regulatory challenges and uncertainty may impact the growth of the AI-focused cryptocurrency market.
ASI-8.91%
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🫔🎟️ A Comparison of ASI Coin with Other AI-Focused Cryptocurrencies: A Technical Analysis. 🐦
_A Comparison of ASI Coin with Other AI-Focused Cryptocurrencies: A Technical Analysis$ASI _ The rise of AI-focused cryptocurrencies has transformed the digital asset landscape, offering innovative solutions for various industries. ASI Coin, a decentralized AI platform, has gained significant attention in recent times. In this technical analysis, we'll compare ASI Coin with other AI-focused cryptocurrencies, examining their technical architectures, AI capabilities, and potential applications. _Comparison of ASI Coin with Other AI-Focused Cryptocurrencies_ 1. _SingularityNET (AGI)_: SingularityNET is a decentralized AI marketplace that enables the creation, sharing, and monetization of AI services. While ASI Coin focuses on decentralized AI applications, SingularityNET emphasizes AI service marketplaces. 2. _Numerai (NMR)_: Numerai is a decentralized AI platform that enables data scientists to create and share AI models for predictive modeling. ASI Coin's focus on decentralized AI applications and Numerai's emphasis on predictive modeling differentiate the two platforms. 3. _Ocean Protocol (OCEAN)_: Ocean Protocol is a decentralized data exchange platform that enables the sharing and monetization of data. ASI Coin's focus on decentralized AI applications and Ocean Protocol's emphasis on data exchange differentiate the two platforms. _Technical Architecture Comparison_ 1. _Blockchain Architecture_: ASI Coin utilizes a blockchain architecture that enables secure, transparent, and decentralized AI applications. Other AI-focused cryptocurrencies, such as SingularityNET and Numerai, also utilize blockchain architectures. 2. _AI Capabilities_: ASI Coin's AI capabilities are focused on decentralized AI applications, while other AI-focused cryptocurrencies, such as SingularityNET and Numerai, emphasize AI service marketplaces and predictive modeling, respectively. 3. _Smart Contract Functionality_: ASI Coin's smart contract functionality enables the automation of AI applications, while other AI-focused cryptocurrencies, such as SingularityNET and Numerai, also utilize smart contracts for various purposes. _Potential Applications Comparison_ 1. _Decentralized AI Applications_: ASI Coin's focus on decentralized AI applications enables various use cases, such as decentralized finance (DeFi), gaming, and healthcare. 2. _AI Service Marketplaces_: SingularityNET's emphasis on AI service marketplaces enables the creation, sharing, and monetization of AI services. 3. _Predictive Modeling_: Numerai's focus on predictive modeling enables data scientists to create and share AI models for predictive modeling.
ASI-8.91%
NMR-0.71%
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_A Comparison of ASI Coin with Other AI-Focused Cryptocurrencies_$ASI The rise of artificial intelligence (AI) has led to the development of various AI-focused cryptocurrencies, each with its unique features and applications. ASI Coin is one such cryptocurrency that has gained significant attention in recent times. In this article, we'll compare ASI Coin with other AI-focused cryptocurrencies, highlighting their similarities and differences. _Other AI-Focused Cryptocurrencies_ 1. _SingularityNET (AGIX)_: SingularityNET is a decentralized AI marketplace that enables the creation, sharing, and monetization of AI services. 2. _Ocean Protocol (OCEAN)_: Ocean Protocol is a decentralized data exchange that enables the sharing and monetization of data for AI applications. 3. _Numerai (NMR)_: Numerai is a decentralized AI platform that enables data scientists to create and deploy AI models for predictive modeling. _Comparison with ASI Coin_ 1. _Decentralized Architecture_: All four cryptocurrencies have a decentralized architecture, enabling secure, transparent, and tamper-proof data management and AI model deployment. 2. _AI-Powered Smart Contracts_: ASI Coin, SingularityNET, and Numerai all utilize AI-powered smart contracts to automate decision-making and optimize AI model performance. 3. _Data Management_: Ocean Protocol and ASI Coin both focus on decentralized data management, enabling secure and transparent data sharing and monetization. 4. _Token Economy_: All four cryptocurrencies have a token economy that incentivizes participation, contribution, and innovation within their respective ecosystems. _Key Differences_ 1. _Focus_: ASI Coin focuses on decentralized AI, while SingularityNET focuses on AI marketplaces, Ocean Protocol focuses on decentralized data exchange, and Numerai focuses on predictive modeling. 2. _Tokenomics_: Each cryptocurrency has its unique tokenomics, with different token supply, distribution, and incentivization mechanisms. 3. _Development Roadmap_: Each cryptocurrency has its development roadmap, with different priorities, timelines, and milestones.
ASI-8.91%
NMR-0.71%
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Competitive analysis: how $ASI stands against other AI-centric tokens
A competitive analysis of $ASI against other AI-centric tokens involves examining its unique strengths and weaknesses in comparison to peers in the AI and blockchain sectors. Here's how $ASI stands: 1. Core Differentiators $ASI’s focus on merging AI with decentralized ecosystems might offer distinct capabilities, such as privacy-preserving AI or decentralized AI model sharing, setting it apart from competitors like FET or OCEAN. 2. Utility and Use Cases The breadth of $ASI's real-world applications can be a significant advantage. If its ecosystem supports industries like healthcare, supply chain, and finance more robustly than others, it can gain a competitive edge. 3. Tokenomics $ASI's tokenomics, including supply, demand, staking options, and rewards, can make it more attractive if structured better than rivals. For example, scarcity or attractive staking rewards could position it above other AI tokens. 4. Ecosystem and Partnerships Strategic partnerships with established AI and blockchain projects or enterprise-level companies can boost $ASI's adoption. Tokens like OCEAN and AGIX have strong partnerships; $ASI must match or exceed these to remain competitive. 5. Technological Innovation $ASI’s ability to offer unique features, such as decentralized AI training or edge AI capabilities, could differentiate it from more generalized AI tokens like NMR. Advanced algorithms and user-friendly integration tools will enhance its appeal. 6. Community and Developer Engagement A strong community and active developer support can elevate $ASI. Engagement through grants, hackathons, or open-source contributions will keep it competitive against AI tokens with established communities. 7. Security and Privacy $ASI's focus on secure and privacy-centric AI solutions could appeal to industries where data confidentiality is critical, outperforming competitors with less robust privacy features. 8. Scalability and Performance Its capacity to handle large-scale AI operations efficiently can be a game-changer. If $ASI demonstrates better scalability than tokens like FET, it will attract enterprise-level adoption. 9. Adoption Metrics The rate of user and enterprise adoption for $ASI, supported by its marketing strategies, can define its success. If it grows faster than competitors, it solidifies its market position. 10. Regulatory Compliance $ASI’s alignment with regulations will make it more attractive to enterprises wary of compliance issues. Regulatory foresight can give it a long-term edge over competitors facing legal hurdles. By leveraging these strengths and addressing challenges, $ASI can carve out a distinct niche in the competitive landscape of AI-centric tokens.
ASI-8.91%
FET-5.30%
cryplord
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_Renting Out Digital Assets: A Comprehensive Guide to Passive Income_ *Digital Asset Rental Platforms* 1. Render Token (RNDR): Rent computer processing power for graphics and video rendering. 2. iExec (RLC): Rent computing resources for cloud computing and AI applications. 3. Numeraire (NMR): Rent computing resources for machine learning model training. *Cloud Computing and Storage* 1. Amazon Web Services (AWS): Rent unused EC2 instances and S3 storage. 2. Google Cloud Platform (GCP): Rent unused Compute Engine and Cloud Storage resources. 3. Microsoft Azure: Rent unused Virtual Machines and Blob Storage. *Digital Real Estate* 1. Decentraland (MANA): Rent virtual land parcels in blockchain-based virtual reality. 2. The Sandbox (SAND): Rent virtual land and assets in decentralized, community-driven platforms. *Gaming and Virtual Goods* 1. Roblox: Rent game development assets (3D models, scripts). 2. OpenSea: Rent rare digital collectibles (art, in-game items). *Other Options* 1. Licensing digital content (music, videos, ebooks) through AudioJungle, Gumroad. 2. Digital art rental through KnownOrigin. *Passive Income Strategies* 1. Dividend-paying tokens: Hold tokens distributing dividends to holders. 2. Staking: Participate in proof-of-stake consensus mechanisms. 3. Lending: Lend digital assets through decentralized lending platforms. *Before You Start* 1. Research platform fees, terms, and conditions. 2. Understand market demand and competition. 3. Ensure compliance with relevant laws and regulations. *Benefits* 1. Diversify investment portfolio. 2. Generate passive income. 3. Monetize idle digital assets. *Risks* 1. Market volatility. 2. Platform security risks. 3. Regulatory changes. *Best Practices* 1. Diversify rental assets. 2. Monitor market trends. 3. Adjust strategies accordingly. *Additional Resources* 1. Blockchain Council 2. CoinTelegraph 3. CryptoSlate By renting out digital assets, you can unlock new revenue streams and grow your passive income. Always prioritize research, due diligence, and risk management.
NMR-0.71%
RLC+1.88%

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