NMR rise $7 to 16$😍😍

Numeraire $NMR

(symbol: NMR) is an ERC-20 token on the Ethereum blockchain. It powers Numerai, a decentralized, AI-driven hedge fund that crowdsources stock market predictions from global data scientists. Participants stake NMR on their predictive models; accurate ones are rewarded, while underperforming ones see their NMR burn—a deflationary mechanism to align incentives and ensure quality contributions.

Tokenomics & Mechanism:

Fixed supply capped at approximately 11 million NMR; initially had 21 million prior to a halving event .

No ICO was held—initial distribution was via airdrops to active community members and data scientists .

3 million tokens are locked until around 2028 for long-term incentives .

Burn mechanism: Staked tokens from poorly performing models are burned, creating deflationary pressure .

Buybacks: Numerai executed a $1M NMR buyback in July 2025, aligning economic incentives with growing assets under management (~$441M at the time) .

Core Purpose:

NMR serves primarily as a stake-and-burn incentive mechanism within Numerai tournaments and isn’t used for fees or general governance—though the platform does integrate some governance elements via token utility .

Can You Trade NMR?

Yes, NMR is actively tradeable on numerous cryptocurrency exchanges. Popular platforms include:

Binance, OKX, Gate.io, BitMart, Bithumb, Upbit, among others .

Common trading pairs: NMR/USDT, NMR/USD, etc. .

24-hour trading volume typically ranges from $10M to over $20M, though some sources report lower figures depending on the platform .

Binance is noted for providing live price tracking and liquidity for NMR

Summary at a Glance

Feature Details

Token NMR (Numeraire)

Blockchain Ethereum (ERC-20)

Purpose Stake for prediction tournaments; reward accuracy; burn poor predictions

Supply ~11 million max; 3M locked until 2028

Trade Availability Yes — on Binance, OKX, Gate.io, etc.

Trading Volume $10–20M+ daily, varies by platform

Price Today Around $16 (as shown above)

Final Thoughts

Trading NMR is entirely viable—you can buy or sell it on many major crypto exchanges.

Be mindful of volatility—prices can swing sharply. Recent data shows huge intraday fluctuations (the high was around $19.55, low around $8.15).

Understand token utility: NMR isn’t just a speculative asset—it plays a critical role in incentivizing high-quality predictive modelling in the Numerai ecosystem.

$BTC

#SOLTreasuryFundraising #NMR #NMR/USDT