$NMR
Here’s the current price info for NMR (Numeraire):
NMR – Numeraire Overview
What Is Numeraire (NMR)?
Numeraire (NMR) is the native cryptocurrency of Numerai, a decentralized hedge fund platform that crowdsources AI-driven financial predictions. It operates on Ethereum as an ERC-20 token.
Numerai organizes prediction contests—like the Tournament and Signals—where data scientists submit models and stake NMR tokens. Winners are rewarded in NMR, while incorrect predictions result in burned stakes.
The Erasure Protocol underpins this ecosystem, enabling staking, rewards, and burning of NMR to maintain quality contribution incentives.
Tokenomics & History
Launch: NMR debuted in June 2017, following its announcement in February 2017—without an ICO—by distributing tokens to active data scientists.
Supply: The maximum supply is capped at 11 million NMR, with all tokens pre-minted. Some sources note a slight variance (e.g., around 10.66 million on-chain).
Burn Mechanism: Tokens staked on failed predictions are burned, reducing circulating supply over time.
Key Metrics (Recent Data)
Price: Ranges between $20–21, depending on the platform.
Market Cap: Varies across trackers:
CoinMarketCap: ~$152 million (7.53M circulating)
CoinGecko: ~$165 million
CryptoRank: ~$160 million
Circulating Supply: Approximately 8 million NMR.
ATH / ATL:
All-Time High: ~$168.49 on June 25, 2017