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 $21.90 USD.
• According to our Numeraire price prediction, NMR price is expected to have a 1.05% decrease and drop as low as by February 04, 2024.
• Our technical indicators signal about the Bullish Bullish 84% market sentiment on Numeraire, while the Fear & Greed Index is displaying a score of 63 (Greed).
• Over the last 30 days, Numeraire has had 16/30 (53%) green days and 6.52% 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

Numeraire (NMR) Price Prediction For Today, Tomorrow and Next 30 Days

Numeraire Prediction Table

Numeraire Historical

According to the latest data gathered, the current price of Numeraire is $$21.97, and NMR is presently ranked No. 288 in the entire crypto ecosystem. The circulation supply of Numeraire is $135,662,271.43, with a market cap of 6,174,673 NMR.

In the past 24 hours, the crypto has increased by $1.36 in its current value.

For the last 7 days, NMR has been in a good upward trend, thus increasing by 13.01%. 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 16.25%, adding a colossal average amount of $3.57 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 $$12.14. The maximum level that the NMR price can reach is $$19.37. The average trading price is expected around $$26.60.

NMR Price Forecast for February 2024

Based on the price fluctuations of Numeraire at the beginning of 2023, crypto experts expect the average NMR rate of $$23.98 in February 2024. Its minimum and maximum prices can be expected at $$21.35 and at $$26.60, respectively.

March 2024: Numeraire Price Forecast

Cryptocurrency experts are ready to announce their forecast for the NMR price in March 2024. The minimum trading cost might be $$17.15, while the maximum might reach $$25.55 during this month. On average, it is expected that the value of Numeraire might be around $$21.35.

NMR Price Forecast for April 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 $$18.42 in April 2024. It can drop to $$17.39 as a minimum. The maximum value might be $$19.45.

May 2024: Numeraire Price Forecast

In the middle of the year 2023, the NMR price will be traded at $$18.01 on average. May 2024 might also witness an increase in the Numeraire value to $$19.03. It is assumed that the price will not drop lower than $$16.99 in May 2024.

NMR Price Forecast for June 2024

Crypto experts have analyzed Numeraire prices in 2023, so they are ready to provide their estimated trading average for June 2024 — $$20.89. The lowest and peak NMR rates might be $$16.30 and $$25.47.

July 2024: Numeraire Price Forecast

Crypto analysts expect that at the end of summer 2023, the NMR price will be around $$20.61. In July 2024, the Numeraire cost may drop to a minimum of $$16.33. The expected peak value might be $$24.89 in July 2024.

NMR Price Forecast for August 2024

Having analyzed Numeraire prices, cryptocurrency experts expect that the NMR rate might reach a maximum of $$24.50 in August 2024. It might, however, drop to $$12.14. For August 2024, the forecasted average of Numeraire is nearly $$18.32.

September 2024: Numeraire Price Forecast

In the middle of autumn 2023, the Numeraire cost will be traded at the average level of $$14.86. Crypto analysts expect that in September 2024, the NMR price might fluctuate between $$14.14 and $$15.57.

NMR Price Forecast for October 2024

Market experts expect that in October 2024, the Numeraire value will not drop below a minimum of $$14.43. The maximum peak expected this month is $$15.63. The estimated average trading value will be at the level of $$15.03.

November 2024: Numeraire Price Forecast

Cryptocurrency experts have carefully analyzed the range of NMR prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Numeraire will be around $$15.82, with a possibility of dropping to a minimum of $$14.04. In November 2024, the average cost will be $$14.93.

NMR Price Forecast for December 2024

Market analysts predict that Numeraire will not fall below $$14.08 in December 2024, with a chance of peaking at $$15.63 in the same month. The average trading value is expected to be $$14.86.

January 2025: Numeraire Price Forecast

For those interested in possible NMR price in January 2025, crypto experts have prepared a long-term forecast. According to analysts\’ expectations, the average Numeraire trading price will fluctuate at the $$13.84 level. Maximum and minimum expected prices for this crypto asset are also specified – they may amount to $$15.31 and $$12.36, respectively. 

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 $$43.90. The maximum expected NMR price may be around $$52.44. On average, the trading price might be $$45.13 in 2025.

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 $$66.35 and $$76.38, respectively. The average expected trading cost is $$68.16.

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 $$97.28, while its maximum can reach $$115.89. On average, the trading cost will be around $$100.00.

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: $$170.08 and $$147.07. On average, it will be traded at $$151.06.

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 $$223.79. It might drop to a minimum of $$217.74, but it still might reach $$253.85 throughout 2029.

Numeraire Price Prediction 2030

Every year, cryptocurrency experts prepare forecasts for the price of Numeraire. It is estimated that NMR will be traded between $$314.01 and $$377.14 in 2030. Its average cost is expected at around $$325.20 during the year.

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 $$543.54. However, its rate might drop to around $$454.92. So, the expected average trading price is $$467.93.

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 $$667.80, with the possible maximum peaks at $$797.67. Therefore, on average, you can expect the NMR price to be around $$686.52 in 2032.

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 $$1,168.34. However, its rate might drop to around $$982.68. So, the expected average trading price is $$1,017.01.

Numeraire Price Prediction 2040

According to the technical analysis of Numeraire prices expected in 2040, the minimum cost of Numeraire will be $$15,234.77. The maximum level that the NMR price can reach is $$19,424.83. The average trading price is expected around $$16,597.55.

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 $$22,669.08. The maximum expected NMR price may be around $$26,309.97. On average, the trading price might be $$24,072.55 in 2050.

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.