$NMR , the native token of the AI‑powered hedge fund Numerai, is trading around ≈ $11.00 USD with a market cap near $85M, showing recent volatility after institutional news and profit‑taking. Numerai recently announced a $1M strategic buyback of NMR and raised $30M in Series C funding, and earlier in 2025 its token surged sharply following a $500M capacity commitment from JPMorgan, signaling growing interest at the intersection of AI and finance. Despite this, short‑term price action has softened as traders lock in gains and broader market pressure continues.