Numeraire Price Prediction
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Today's ForecastsNumeraire(NMR) opened trading today at $23.00. It achieved a Market high of $23.15 and a subsequent Market low of $22.26, Representing a change of $-0.40 and price percentage change of -1.74% . Its current Price is $22.60 representing a market share of 0.03% only.
A total volumn of $1,257,492 worth of Numeraire traded hands today, achieving a Maximum Market Cap of $248,016,864 for the day.
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The Bull Case 🐃 for Numeraire
Many people are looking to invest in digital assets (including Numeraire) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Numeraire as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Numeraire has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Numeraire is currently trading around $22.60.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Numeraire
Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, “Network effects get more valuable with every participant that uses them. What’s an example of that in a financial institution? We’ve never seen one before except for this.”
Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a “crowdsale” or “ICO”.
In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists.Visit website open_in_new
NMR Trading Stats for Today - 2021-01-03 01:56:33 +00:00 GMT
|Current Supply||10,974,198 NMR|
|Total Supply||2 NMR|
|24h Volume (coin)||55,238 NMR|
|24h Volume (currency)||$1,257,492|
|Last updated||2021-01-03 01:56:33 +00:00 GMT|
Other Price Forecasts similar to Numeraire(NMR) :
Common NMR Price Prediction Questions
What is Numeraire’s potential future value?
NMR's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Numeraire is and what it does. This is because Numeraire's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can NMR make you one?
What is going on with Numeraire's price?
In order not to be too rattled, read our Fundamental analysis above on Numeraire to know if it’s a good hodl.
How high will Numeraire go?
No one really knows for sure. We however predict NMR might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is Numeraire(NMR) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Numeraire to see its expected value. You can also visit Numeraire's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Numeraire website page will quickly provide you with that value.
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Why is Numeraire's price going down?
It’s difficult to tell right now as the daily NMR candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Numeraire's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Numeraire, Simple click the Social Button on this page, located immediately below the Price Charts.
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Numeraire Daily Price History
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