Numeraire (NMR) Price Prediction for
Here we’ll observe the main features of the cryptocurrency and try to predict the NMR future.
Numeraire (NMR) Explained
The Numeraire Token (NMR) is used for prediction betting, also called Proof of Intelligence. It is the first of its kind and serves as the reward for specialists who made the correct predictions.
After analyzing the tool, each specialist can to send it to the Numeraire smart contract. If the expert’s forecast is correct, then he will receive his reward in the form of Numeraire tokens. If the forecast is incorrect, the forecaster risks losing his NMR tokens. The Numeraire algorithm includes the generation of 21 million tokens, the first of which is distributed among specialists.
The Numeraire cryptocurrency is a token of the data analysis platform, which is based on the ERC-20 protocol. The goal of the developers was to create a platform that, thanks to the forecasts of the experts involved, would create forecast models for various companies and funds.
The Numeraire project is a social network or hedge fund software. The Numeraire Token (NMR) will be the reward for specialists who made the correct predictions.
Our real-time NMR to USD price update shows the current Numeraire price as $25.5 USD.
According to our Numeraire price prediction, NMR price is expected to have a -5% decrease and drop as low as by April 21, 2024.
Our analysis of the technical indicators suggests that the current market feeling is Neutral Bearish 34%, with a Fear & Greed Index score of 66 (Greed).
Over the last 30 days, Numeraire has had 17/30 (57%) green days and 14.12% price volatility.
Numeraire (NMR) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Numeraire Profit Calculator
Currencies
Numeraire (NMR) Price Prediction For Today, Tomorrow and Next 30 Days
Date
Price
Change
April 20, 2024$24.09-5.12%April 21, 2024$25.00-1.54%April 22, 2024$24.12-5%April 23, 2024$24.64-2.95%April 24, 2024$24.81-2.28%April 25, 2024$24.45-3.7%April 26, 2024$24.03-5.36%April 27, 2024$24.06-5.24%April 28, 2024$24.03-5.36%April 29, 2024$24.09-5.12%April 30, 2024$24.75-2.52%May 01, 2024$25.05-1.34%May 02, 2024$24.43-3.78%May 03, 2024$24.90-1.93%May 04, 2024$24.44-3.74%May 05, 2024$24.26-4.45%May 06, 2024$25.640.98%May 07, 2024$28.8613.67%May 08, 2024$31.2122.92%May 09, 2024$31.4123.71%May 10, 2024$32.7528.99%May 11, 2024$30.6620.76%May 12, 2024$30.0518.35%May 13, 2024$29.0314.34%May 14, 2024$30.0518.35%May 15, 2024$29.4115.83%May 16, 2024$28.1210.75%May 17, 2024$27.809.49%May 18, 2024$29.0614.45%May 19, 2024$29.5116.23%
Numeraire Prediction Table
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
April
$24.03
$24.54
$25.05
May
$24.26
$29.03
$33.79
June
$32.19
$33.99
$35.79
July
$30.80
$33.79
$36.77
August
$27.13
$30.51
$33.88
September
$27.55
$29.41
$31.27
October
$20.80
$25.59
$30.38
November
$20.42
$24.28
$28.14
December
$21.47
$22.43
$23.39
All Time
$25.41
$28.17
$30.94
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$22.24
$37.32
$30.35
February
$24.06
$37.88
$32.10
March
$25.88
$38.43
$33.85
April
$27.70
$38.99
$35.59
May
$29.52
$39.54
$37.34
June
$31.34
$40.10
$39.09
July
$33.15
$40.65
$40.84
August
$34.97
$41.20
$42.59
September
$36.79
$41.76
$44.34
October
$38.61
$42.31
$46.08
November
$40.43
$42.87
$47.83
December
$42.25
$43.42
$49.58
All Time
$32.24
$40.37
$39.96
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$43.81
$45.06
$51.66
February
$45.36
$46.70
$53.74
March
$46.92
$48.34
$55.82
April
$48.47
$49.97
$57.90
May
$50.03
$51.61
$59.98
June
$51.58
$53.25
$62.06
July
$53.14
$54.89
$64.13
August
$54.69
$56.53
$66.21
September
$56.25
$58.17
$68.29
October
$57.80
$59.80
$70.37
November
$59.36
$61.44
$72.45
December
$60.91
$63.08
$74.53
All Time
$52.36
$54.07
$63.09
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$63.04
$65.24
$76.91
February
$65.18
$67.41
$79.28
March
$67.31
$69.57
$81.66
April
$69.44
$71.73
$84.03
May
$71.58
$73.89
$86.41
June
$73.71
$76.06
$88.78
July
$75.84
$78.22
$91.16
August
$77.98
$80.38
$93.53
September
$80.11
$82.54
$95.91
October
$82.24
$84.70
$98.28
November
$84.38
$86.87
$100.66
December
$86.51
$89.03
$103.03
All Time
$74.78
$77.14
$89.97
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$90.10
$92.71
$106.94
February
$93.70
$96.39
$110.84
March
$97.29
$100.07
$114.75
April
$100.89
$103.75
$118.66
May
$104.48
$107.43
$122.56
June
$108.08
$111.12
$126.47
July
$111.67
$114.80
$130.38
August
$115.26
$118.48
$134.28
September
$118.86
$122.16
$138.19
October
$122.45
$125.84
$142.10
November
$126.05
$129.52
$146
December
$129.64
$133.20
$149.91
All Time
$109.87
$112.96
$128.42
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$134.41
$138.23
$156.17
February
$139.18
$143.26
$162.44
March
$143.95
$148.29
$168.70
April
$148.72
$153.31
$174.97
May
$153.49
$158.34
$181.23
June
$158.26
$163.37
$187.50
July
$163.03
$168.40
$193.76
August
$167.80
$173.43
$200.02
September
$172.57
$178.46
$206.29
October
$177.34
$183.48
$212.55
November
$182.11
$188.51
$218.82
December
$186.88
$193.54
$225.08
All Time
$160.65
$165.88
$190.63
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$194.56
$201.31
$233.59
February
$202.23
$209.07
$242.10
March
$209.91
$216.84
$250.61
April
$217.58
$224.61
$259.12
May
$225.26
$232.37
$267.63
June
$232.94
$240.14
$276.14
July
$240.61
$247.91
$284.64
August
$248.29
$255.67
$293.15
September
$255.96
$263.44
$301.66
October
$263.64
$271.21
$310.17
November
$271.31
$278.97
$318.68
December
$278.99
$286.74
$327.19
All Time
$236.77
$244.02
$280.39
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$290.88
$298.94
$341.39
February
$302.76
$311.13
$355.59
March
$314.65
$323.33
$369.79
April
$326.54
$335.53
$383.99
May
$338.42
$347.72
$398.19
June
$350.31
$359.92
$412.40
July
$362.20
$372.12
$426.60
August
$374.08
$384.31
$440.80
September
$385.97
$396.51
$455
October
$397.86
$408.71
$469.20
November
$409.74
$420.90
$483.40
December
$421.63
$433.10
$497.60
All Time
$356.25
$366.02
$419.50
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$435.63
$447.95
$515.63
February
$449.63
$462.80
$533.65
March
$463.63
$477.64
$551.68
April
$477.62
$492.49
$569.70
May
$491.62
$507.34
$587.73
June
$505.62
$522.19
$605.75
July
$519.62
$537.03
$623.78
August
$533.62
$551.88
$641.80
September
$547.62
$566.73
$659.83
October
$561.61
$581.58
$677.85
November
$575.61
$596.42
$695.88
December
$589.61
$611.27
$713.90
All Time
$512.62
$529.61
$614.76
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$610.33
$632.23
$738.33
February
$631.06
$653.18
$762.75
March
$651.78
$674.14
$787.18
April
$672.50
$695.09
$811.60
May
$693.23
$716.05
$836.03
June
$713.95
$737
$860.45
July
$734.67
$757.96
$884.88
August
$755.40
$778.91
$909.30
September
$776.12
$799.87
$933.73
October
$796.84
$820.82
$958.15
November
$817.57
$841.78
$982.58
December
$838.29
$862.73
$1,007
All Time
$724.31
$747.48
$872.66
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$2,105.60
$2,220.09
$2,547.17
February
$3,372.91
$3,577.44
$4,087.33
March
$4,640.22
$4,934.80
$5,627.50
April
$5,907.53
$6,292.15
$7,167.67
May
$7,174.84
$7,649.51
$8,707.83
June
$8,442.15
$9,006.87
$10,248
July
$9,709.45
$10,364.22
$11,788.17
August
$10,976.76
$11,721.58
$13,328.33
September
$12,244.07
$13,078.93
$14,868.50
October
$13,511.38
$14,436.29
$16,408.67
November
$14,778.69
$15,793.64
$17,948.83
December
$16,046
$17,151
$19,489
All Time
$9,075.80
$9,685.54
$11,018.08
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$16,453.75
$17,554.33
$19,906.75
February
$16,861.50
$17,957.67
$20,324.50
March
$17,269.25
$18,361
$20,742.25
April
$17,677
$18,764.33
$21,160
May
$18,084.75
$19,167.67
$21,577.75
June
$18,492.50
$19,571
$21,995.50
July
$18,900.25
$19,974.33
$22,413.25
August
$19,308
$20,377.67
$22,831
September
$19,715.75
$20,781
$23,248.75
October
$20,123.50
$21,184.33
$23,666.50
November
$20,531.25
$21,587.67
$24,084.25
December
$20,939
$21,991
$24,502
All Time
$18,696.38
$19,772.67
$22,204.38
Numeraire Historical
According to the latest data gathered, the current price of Numeraire is $$25.10, and NMR is presently ranked No. 328 in the entire crypto ecosystem. The circulation supply of Numeraire is $157,569,532.75, with a market cap of 6,278,303 NMR.
In the past 24 hours, the crypto has increased by $2.45 in its current value.
For the last 7 days, NMR has been in a good upward trend, thus increasing by 24.3%. Numeraire has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of NMR has increased by 23.1%, adding a colossal average amount of $5.80 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Numeraire Price Prediction 2024
According to the technical analysis of Numeraire prices expected in 2024, the minimum cost of Numeraire will be $$20.42. The maximum level that the NMR price can reach is $$28.60. The average trading price is expected around $$36.77.
NMR Price Forecast for April 2024
Based on the price fluctuations of Numeraire at the beginning of 2023, crypto experts expect the average NMR rate of $$24.54 in April 2024. Its minimum and maximum prices can be expected at $$24.03 and at $$25.05, respectively.
May 2024: Numeraire Price Forecast
Cryptocurrency experts are ready to announce their forecast for the NMR price in May 2024. The minimum trading cost might be $$24.26, while the maximum might reach $$33.79 during this month. On average, it is expected that the value of Numeraire might be around $$29.03.
NMR Price Forecast for June 2024
Crypto analysts have checked the price fluctuations of Numeraire in 2023 and in previous years, so the average NMR rate they predict might be around $$33.99 in June 2024. It can drop to $$32.19 as a minimum. The maximum value might be $$35.79.
July 2024: Numeraire Price Forecast
In the middle of the year 2023, the NMR price will be traded at $$33.79 on average. July 2024 might also witness an increase in the Numeraire value to $$36.77. It is assumed that the price will not drop lower than $$30.80 in July 2024.
NMR Price Forecast for August 2024
Crypto experts have analyzed Numeraire prices in 2023, so they are ready to provide their estimated trading average for August 2024 — $$30.51. The lowest and peak NMR rates might be $$27.13 and $$33.88.
September 2024: Numeraire Price Forecast
Crypto analysts expect that at the end of summer 2023, the NMR price will be around $$29.41. In September 2024, the Numeraire cost may drop to a minimum of $$27.55. The expected peak value might be $$31.27 in September 2024.
NMR Price Forecast for October 2024
Having analyzed Numeraire prices, cryptocurrency experts expect that the NMR rate might reach a maximum of $$30.38 in October 2024. It might, however, drop to $$20.80. For October 2024, the forecasted average of Numeraire is nearly $$25.59.
November 2024: Numeraire Price Forecast
In the middle of autumn 2023, the Numeraire cost will be traded at the average level of $$24.28. Crypto analysts expect that in November 2024, the NMR price might fluctuate between $$20.42 and $$28.14.
NMR Price Forecast for December 2024
Market experts expect that in December 2024, the Numeraire value will not drop below a minimum of $$21.47. The maximum peak expected this month is $$23.39. The estimated average trading value will be at the level of $$22.43.
Numeraire Price Prediction 2025
After the analysis of the prices of Numeraire in previous years, it is assumed that in 2025, the minimum price of Numeraire will be around $$42.25. The maximum expected NMR price may be around $$49.58. On average, the trading price might be $$43.42 in 2025.
Month
Minimum Price
Average Price
Maximum Price
January 2025
$22.24
$37.32
$30.35
February 2025
$24.06
$37.88
$32.10
March 2025
$25.88
$38.43
$33.85
April 2025
$27.70
$38.99
$35.59
May 2025
$29.52
$39.54
$37.34
June 2025
$31.34
$40.10
$39.09
July 2025
$33.15
$40.65
$40.84
August 2025
$34.97
$41.20
$42.59
September 2025
$36.79
$41.76
$44.34
October 2025
$38.61
$42.31
$46.08
November 2025
$40.43
$42.87
$47.83
December 2025
$42.25
$43.42
$49.58
Numeraire Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Numeraire, in 2026, NMR is expected to have the following minimum and maximum prices: about $$60.91 and $$74.53, respectively. The average expected trading cost is $$63.08.
Month
Minimum Price
Average Price
Maximum Price
January 2026
$43.81
$45.06
$51.66
February 2026
$45.36
$46.70
$53.74
March 2026
$46.92
$48.34
$55.82
April 2026
$48.47
$49.97
$57.90
May 2026
$50.03
$51.61
$59.98
June 2026
$51.58
$53.25
$62.06
July 2026
$53.14
$54.89
$64.13
August 2026
$54.69
$56.53
$66.21
September 2026
$56.25
$58.17
$68.29
October 2026
$57.80
$59.80
$70.37
November 2026
$59.36
$61.44
$72.45
December 2026
$60.91
$63.08
$74.53
Numeraire Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Numeraire and their fluctuations during the previous years. It is assumed that in 2027, the minimum NMR price might drop to $$86.51, while its maximum can reach $$103.03. On average, the trading cost will be around $$89.03.
Month
Minimum Price
Average Price
Maximum Price
January 2027
$63.04
$65.24
$76.91
February 2027
$65.18
$67.41
$79.28
March 2027
$67.31
$69.57
$81.66
April 2027
$69.44
$71.73
$84.03
May 2027
$71.58
$73.89
$86.41
June 2027
$73.71
$76.06
$88.78
July 2027
$75.84
$78.22
$91.16
August 2027
$77.98
$80.38
$93.53
September 2027
$80.11
$82.54
$95.91
October 2027
$82.24
$84.70
$98.28
November 2027
$84.38
$86.87
$100.66
December 2027
$86.51
$89.03
$103.03
Numeraire Price Prediction 2028
Based on the analysis of the costs of Numeraire by crypto experts, the following maximum and minimum NMR prices are expected in 2028: $$149.91 and $$129.64. On average, it will be traded at $$133.20.
Month
Minimum Price
Average Price
Maximum Price
January 2028
$90.10
$92.71
$106.94
February 2028
$93.70
$96.39
$110.84
March 2028
$97.29
$100.07
$114.75
April 2028
$100.89
$103.75
$118.66
May 2028
$104.48
$107.43
$122.56
June 2028
$108.08
$111.12
$126.47
July 2028
$111.67
$114.80
$130.38
August 2028
$115.26
$118.48
$134.28
September 2028
$118.86
$122.16
$138.19
October 2028
$122.45
$125.84
$142.10
November 2028
$126.05
$129.52
$146
December 2028
$129.64
$133.20
$149.91
Numeraire Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Numeraire. Based on their predictions, the estimated average NMR price will be around $$193.54. It might drop to a minimum of $$186.88, but it still might reach $$225.08 throughout 2029.
Month
Minimum Price
Average Price
Maximum Price
January 2029
$134.41
$138.23
$156.17
February 2029
$139.18
$143.26
$162.44
March 2029
$143.95
$148.29
$168.70
April 2029
$148.72
$153.31
$174.97
May 2029
$153.49
$158.34
$181.23
June 2029
$158.26
$163.37
$187.50
July 2029
$163.03
$168.40
$193.76
August 2029
$167.80
$173.43
$200.02
September 2029
$172.57
$178.46
$206.29
October 2029
$177.34
$183.48
$212.55
November 2029
$182.11
$188.51
$218.82
December 2029
$186.88
$193.54
$225.08
Numeraire Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Numeraire. It is estimated that NMR will be traded between $$278.99 and $$327.19 in 2030. Its average cost is expected at around $$286.74 during the year.
Month
Minimum Price
Average Price
Maximum Price
January 2030
$194.56
$201.31
$233.59
February 2030
$202.23
$209.07
$242.10
March 2030
$209.91
$216.84
$250.61
April 2030
$217.58
$224.61
$259.12
May 2030
$225.26
$232.37
$267.63
June 2030
$232.94
$240.14
$276.14
July 2030
$240.61
$247.91
$284.64
August 2030
$248.29
$255.67
$293.15
September 2030
$255.96
$263.44
$301.66
October 2030
$263.64
$271.21
$310.17
November 2030
$271.31
$278.97
$318.68
December 2030
$278.99
$286.74
$327.19
Numeraire Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Numeraire’s price. The year 2031 will be determined by the maximum NMR price of $$497.60. However, its rate might drop to around $$421.63. So, the expected average trading price is $$433.10.
Month
Minimum Price
Average Price
Maximum Price
January 2031
$290.88
$298.94
$341.39
February 2031
$302.76
$311.13
$355.59
March 2031
$314.65
$323.33
$369.79
April 2031
$326.54
$335.53
$383.99
May 2031
$338.42
$347.72
$398.19
June 2031
$350.31
$359.92
$412.40
July 2031
$362.20
$372.12
$426.60
August 2031
$374.08
$384.31
$440.80
September 2031
$385.97
$396.51
$455
October 2031
$397.86
$408.71
$469.20
November 2031
$409.74
$420.90
$483.40
December 2031
$421.63
$433.10
$497.60
Numeraire Price Prediction 2032
After years of analysis of the Numeraire price, crypto experts are ready to provide their NMR cost estimation for 2032. It will be traded for at least $$589.61, with the possible maximum peaks at $$713.90. Therefore, on average, you can expect the NMR price to be around $$611.27 in 2032.
Month
Minimum Price
Average Price
Maximum Price
January 2032
$435.63
$447.95
$515.63
February 2032
$449.63
$462.80
$533.65
March 2032
$463.63
$477.64
$551.68
April 2032
$477.62
$492.49
$569.70
May 2032
$491.62
$507.34
$587.73
June 2032
$505.62
$522.19
$605.75
July 2032
$519.62
$537.03
$623.78
August 2032
$533.62
$551.88
$641.80
September 2032
$547.62
$566.73
$659.83
October 2032
$561.61
$581.58
$677.85
November 2032
$575.61
$596.42
$695.88
December 2032
$589.61
$611.27
$713.90
Numeraire Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Numeraire’s price. The year 2033 will be determined by the maximum NMR price of $$1,007. However, its rate might drop to around $$838.29. So, the expected average trading price is $$862.73.
Month
Minimum Price
Average Price
Maximum Price
January 2033
$610.33
$632.23
$738.33
February 2033
$631.06
$653.18
$762.75
March 2033
$651.78
$674.14
$787.18
April 2033
$672.50
$695.09
$811.60
May 2033
$693.23
$716.05
$836.03
June 2033
$713.95
$737
$860.45
July 2033
$734.67
$757.96
$884.88
August 2033
$755.40
$778.91
$909.30
September 2033
$776.12
$799.87
$933.73
October 2033
$796.84
$820.82
$958.15
November 2033
$817.57
$841.78
$982.58
December 2033
$838.29
$862.73
$1,007
Numeraire Price Prediction 2040
According to the technical analysis of Numeraire prices expected in 2040, the minimum cost of Numeraire will be $$16,046. The maximum level that the NMR price can reach is $$19,489. The average trading price is expected around $$17,151.
Month
Minimum Price
Average Price
Maximum Price
January 2040
$2,105.60
$2,220.09
$2,547.17
February 2040
$3,372.91
$3,577.44
$4,087.33
March 2040
$4,640.22
$4,934.80
$5,627.50
April 2040
$5,907.53
$6,292.15
$7,167.67
May 2040
$7,174.84
$7,649.51
$8,707.83
June 2040
$8,442.15
$9,006.87
$10,248
July 2040
$9,709.45
$10,364.22
$11,788.17
August 2040
$10,976.76
$11,721.58
$13,328.33
September 2040
$12,244.07
$13,078.93
$14,868.50
October 2040
$13,511.38
$14,436.29
$16,408.67
November 2040
$14,778.69
$15,793.64
$17,948.83
December 2040
$16,046
$17,151
$19,489
Numeraire Price Prediction 2050
After the analysis of the prices of Numeraire in previous years, it is assumed that in 2050, the minimum price of Numeraire will be around $$20,939. The maximum expected NMR price may be around $$24,502. On average, the trading price might be $$21,991 in 2050.
Month
Minimum Price
Average Price
Maximum Price
January 2050
$16,453.75
$17,554.33
$19,906.75
February 2050
$16,861.50
$17,957.67
$20,324.50
March 2050
$17,269.25
$18,361
$20,742.25
April 2050
$17,677
$18,764.33
$21,160
May 2050
$18,084.75
$19,167.67
$21,577.75
June 2050
$18,492.50
$19,571
$21,995.50
July 2050
$18,900.25
$19,974.33
$22,413.25
August 2050
$19,308
$20,377.67
$22,831
September 2050
$19,715.75
$20,781
$23,248.75
October 2050
$20,123.50
$21,184.33
$23,666.50
November 2050
$20,531.25
$21,587.67
$24,084.25
December 2050
$20,939
$21,991
$24,502
Well, there is not actually any technical analysis expertise of Numeraire cryptocurrency. However, here is the aggregate rating for NMR from several traders & analysts on TradingView.
What Is Numeraire (NMR)?
Numeraire (NMR) is a digital asset token central to the Numerai ecosystem. Originating from the San Francisco-based hedge fund Numerai, this token incentivizes data scientists to contribute valuable predictions to the Numerai tournament.
Within the ecosystem, Numeraire has several roles. It’s used for staking, allowing participants to back their predictive models with NMR tokens, ensuring only those with a proven track record participate. Additionally, NMR serves as a reward for accurate predictions, fostering collaboration and enhancing model accuracy.
The Numerai ecosystem features two primary applications: Signals and the Tournament. Signals lets users trade equities on the Ethereum blockchain using their predictive models, while the Tournament is a weekly competition where data scientists vie for rewards based on prediction accuracy. Furthermore, the Erasure protocol, developed by Numerai, facilitates decentralized prediction selling, enhancing the ecosystem’s functionality.
Who Created Numeraire?
Richard Craib, a visionary in hedge fund management, is the brain behind Numeraire. He founded Numerai in 2015, aiming to revolutionize predictive modeling in hedge funds. Under his leadership, Numerai has secured over $21 million in investments, underscoring its potential and vision. Craib’s innovative approach, integrating artificial intelligence and crowd-sourced predictive models, has reshaped investment decision-making in the crypto realm.
How Does Numeraire Work?
The ERC-20 token Numeraire is integral to Numerai’s platform: it encourages data scientists to contribute their models. By staking NMR tokens, participants demonstrate confidence in their predictions. Numerai further refines prediction quality by aggregating individual models into a metamodel, which guides the hedge fund’s investment decisions.
Numerai Tournament
The Numerai Tournament leverages collective intelligence for market predictions. Participants stake NMR tokens on their predictions, with accurate predictions earning more tokens. The platform’s encrypted data approach ensures fairness and reduces bias.
Numerai Signals
Numerai Signals blends machine learning and collective intelligence for stock market predictions. Participants submit trading strategies, which are then integrated into a metamodel, enhancing prediction accuracy.
What Gives Numeraire Value?
Numeraire’s value arises from its pioneering technology, its role within the ecosystem, and market demand. Its advanced predictive capabilities, combined with its utility in staking and as a reward mechanism, underpin its value. Market dynamics, platform performance, and overall crypto sentiment also influence its price.
Is NMR crypto a good investment?
Maybe. Numeraire shows promising potential. As cryptocurrency acceptance grows over the next few years, it may be fulfilled. However, always do your own research before investing.
How many Numeraire (NMR) coins are there in circulation?
Currently, 8,888,888 NMR coins circulate, a cap set by Numerai. This limited supply, reduced from an initial 21 million, enhances Numeraire’s scarcity and value proposition.
What is the future of NMR crypto?
Most experts have a positive outlook on NMR’s future, and our predictions align with this sentiment. Still, it’s essential to do your own research.
Will Numeraire reach $1000?
No, reaching $1000 is not forecasted for Numeraire in the upcoming decade.
Is staking on predictions the only way to earn NMR?
No. Other avenues include translating technical material, contributing to open-source packages, and reporting system vulnerabilities.
How to Buy Numeraire?
Acquiring NMR can be done in several ways. One of the most straightforward methods is through cryptocurrency exchanges that support the NMR token.
For those new to the cryptocurrency world or looking for a seamless experience, I recommend using Changelly. It’s a user-friendly platform that allows you to quickly exchange various cryptocurrencies. With its intuitive interface, Changelly makes the process of purchasing NMR straightforward, even for beginners. Simply select your desired currency, input the amount, and follow the onscreen instructions. In a short time, you’ll have NMR safely in your chosen wallet.
How to Choose a Numeraire Wallet?
Once you’ve acquired your NMR tokens, it’s crucial to store them securely. Given that NMR is based on the Ethereum blockchain, you can store your tokens in any Ethereum-compatible wallet.
Options range from online wallets for easy access or software wallets for regular transactions to hardware wallets for maximum security. Look up our top picks in this article.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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Cryptocurrency News & Trading Tips – Crypto Blog by Changelly