You can now buy Numeraire, which surged 38%: here’s where

You can now buy Numeraire, which surged 38%: here’s where

By Daniela Kirova - min read

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

KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Bitvavo

The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.

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.

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