Numeraire is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability. It has added 38% to its value today.
If you want more details about Numeraire, such as if it’s worth investing in and the best places to buy Numeraire, you’ve come to the right place.
Top places to buy Numeraire now
What is Numeraire?
Numeraire is a platform that wants to bring decentralization to the data science field and allow developers to compete in creating effective machine learning prediction models.
It is the platform and token of Numerai, which claims to be the first hedge fund to launch a cryptocurrency on the market. Numerai is unique in that it relies on the data and predictions produced by tournament participants to participate in the stock market.
Numerai and the Numeraire token are unique in terms of the idea behind their creation. The NMR token is awarded to data scientists whose models perform well in the Numerai tournament. The token’s value increases as more people enter the tournament and start competing.
Should I buy Numeraire today?
We recommend doing research on the platform and the hedge fund behind it. While most analysts have positive expectations, you must take all price predictions with a grain of salt.
Numeraire price prediction
According to Wallet Investor, Numeraire’s price will grow from $20.52 to $32.12 in one year, making it a great investment. The one-year earning potential is 56.67%. At the end of 2027, they predict it will trade for $74.50.
Numeraire on social media
$NMR
Such a strong breakout! 33% in less than one hour!#NMR #numeraire #CryptoSignals pic.twitter.com/jM6ziI1lX0— Crypto Koryo (@CryptoKoryo) January 27, 2022