Numerai Price Prediction

Today's Forecasts

Numerai(NMR) opened trading today at ^$9.09. It achieved a Market high of ^$9.51 and a subsequent Market low of ^$7.96, Representing a change of ^$0.22 and price percentage change of 2.38% . Its current Price is ^$9.31 representing a market share of 0.02% only.

A total volumn of ^$0 worth of Numerai traded hands today, achieving a Maximum Market Cap of ^$72,206,832 for the day.

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The Bull Case 🐃 for Numerai
Many people are looking to invest in digital assets (including Numerai) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Numerai 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, Numerai 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.

Numerai is currently trading around ^$9.31.

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Price Predictions for Today, This Week and This Month 🚀

Critical Fundamental Analysis of Numerai

 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.

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NMR Trading Stats for Today - 2019-04-18 18:11:24 +01:00 BST

Market share	0.02%
24h Open	$9.09
24h Low	$7.96
24h High	$9.51
Current Supply	7,756,347 NMR
Total Supply	2 NMR
Market cap	$72,206,832
24h Volume (coin)	0 NMR
24h Volume (currency)	$0
Last updated	2019-04-18 18:11:24 +01:00 BST

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Common NMR Price Prediction Questions

What is Numerai’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 Numerai is and what it does. This is because Numerai'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 Numerai's price?

In order not to be too rattled, read our Fundamental analysis above on Numerai to know if it’s a good hodl.

How high will Numerai go?

No one really knows for sure. We however predict NMR might be 4x by end of 2019. 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 Numerai(NMR) rising today?

On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Numerai to see its expected value. You can also visit Numerai'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 Numerai website page will quickly provide you with that value.

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Why is Numerai'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 Numerai'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 Numerai, Simple click the Social Button on this page, located immediately below the Price Charts.

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NMR Live Prices Data

ID	Market	Type	Price	Quantity	Total

Numerai Daily Price History

Date	Price	Volume