Numeraire
Market Open
9 Jun, 18:29
$
8. 570000
+0.2
+2.3895%
$
57,829 Volume
$ 8.37
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NMRUSD Overview
NMRUSD denotes the market price of Numeraire (NMR) expressed in US dollars, showing how much one unit of the Numeraire token is worth in USD on spot markets and trading venues that list the NMRUSD pair.
Numeraire is a blockchain-based cryptocurrency issued by Numerai, a data-science hedge fund founded by Richard Craib. Introduced in 2017, NMR is an ERC-20 token on Ethereum and was designed to align incentives between the platform and data scientists: holders can stake tokens on predictive models to earn rewards, creating utility tied to the Numerai ecosystem.
The NMRUSD rate is determined by conventional market mechanics—buy and sell orders on exchanges—combined with utility-driven demand from participants staking tokens, broader crypto market sentiment, and macroeconomic or regulatory developments. Liquidity on individual venues, trading volume, and newsflow about Numerai or the wider crypto sector all influence short-term price moves.
NMRUSD matters to traders and investors because it provides a liquid measure of demand for Numeraire and the Numerai network. Traders use the pair for speculation, arbitrage, and portfolio exposure to data-economy tokens, while contributors to Numerai monitor the price as it affects staking incentives and potential rewards.
Numeraire can exhibit notable volatility and liquidity is often concentrated on a subset of exchanges, so market participants typically assess order-book depth and execution risk before trading.
Numeraire is a blockchain-based cryptocurrency issued by Numerai, a data-science hedge fund founded by Richard Craib. Introduced in 2017, NMR is an ERC-20 token on Ethereum and was designed to align incentives between the platform and data scientists: holders can stake tokens on predictive models to earn rewards, creating utility tied to the Numerai ecosystem.
The NMRUSD rate is determined by conventional market mechanics—buy and sell orders on exchanges—combined with utility-driven demand from participants staking tokens, broader crypto market sentiment, and macroeconomic or regulatory developments. Liquidity on individual venues, trading volume, and newsflow about Numerai or the wider crypto sector all influence short-term price moves.
NMRUSD matters to traders and investors because it provides a liquid measure of demand for Numeraire and the Numerai network. Traders use the pair for speculation, arbitrage, and portfolio exposure to data-economy tokens, while contributors to Numerai monitor the price as it affects staking incentives and potential rewards.
Numeraire can exhibit notable volatility and liquidity is often concentrated on a subset of exchanges, so market participants typically assess order-book depth and execution risk before trading.
NMRUSD Chart
NMRUSD FAQ
What is the current Numeraire price?
The current price is $8.570000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.2 (+2.3895%), showing how much the asset has moved compared to the previous close.
What is the previous close for Numeraire?
The previous close was $8.370000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+2.3895%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($8.290000) and highest ($8.900000) prices traded during the selected period, helping assess volatility.
Why is Numeraire (NMR) moving today?
Price movements in Numeraire are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($8.570000) is above the previous close ($8.370000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Numeraire?
You can view real-time charts, price updates, and market data for Numeraire (NMR) directly on this page.
