🔎Latest updates on $NMR
💹 Market data shows Numeraire ($NMR) has gained +12.46%, continuing its powerful rally following a major institutional investment.
🛡️ According to a report from Bitget, the token has been surging ever since JPMorgan Asset Management announced a massive $500 million investment into Numerai, the AI-driven hedge fund behind the token. This deal doubled the fund's assets under management.
📈 This major institutional validation from a Wall Street giant has ignited incredibly strong bullish sentiment. The event created a supply shock as a large number of NMR tokens were acquired, highlighting the growing link between traditional finance, AI, and blockchain technology.
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