Numeraire (NMR) Price Prediction – 2023, 2025, 2030

Numeraire (NMR) Overview

🪙 Cryptocurrency Numeraire
💱 Ticker Symbol NMR
🏆 Rank 326
💸 Market Cap $159,497,648
💲 Price $25.40
🚀 Trading Volume $7,480,179
📈 Price Change (24h) 7.33%
💰 Current Supply 6,278,303
  • Bullish Numeraire (NMR) price predictions range between $114.32 and $215.94 by 2030.
  • Market analysts believe NMR could reach $88.92 by 2025.
  • Bearish Numeraire market price prediction for 2023 is $20.32.

Numeraire (NMR) Introduction

Numeraire has entered the crypto world as one of the most unique currencies on the market, with serious growth potential. If you’re curious about the Numeraire ecosystem and the price of NMR, look no further.

In this Numeraire price prediction, we’ve summarized all you need to know about the price of Numeraire, from the current price to maximum price, the Numeraire price today, average forecast price, minimum price, market cap, and beyond. We also consider whether NMR will likely be a good investment for the future. Keep on reading to learn more from our updated Numeraire price forecast.

What Is Numeraire (NMR)?

Numeraire (NMR) is an Ethereum token launched on the Ethereum blockchain in 2017. The token powers Numerai, a hedge fund that employs AI to invest in global stock markets.

The NMR token is employed for two primary purposes. Firstly, to provide a more convenient payout method and allow users to stake their funds based on the efficiency of their data models. Numerai uses a combination of crowd-sourced stock market predictions and artificial intelligence to organize a weekly machine learning tournament.

Competitors in these weekly data science tournaments have to stake NMR when submitting their stock market predictions. Successful predictions are rewarded with more NMR coins, while stakes from unsuccessful predictions are burned. The payout is determined by the accuracy of the submitted predictions and the amount of NMR staked.

How Does Numeraire Work?

Numerai users are given existing datasets which have been altered such that users have no way of knowing what these particular assets mean. They can then use these assigned datasets to participate in weekly tournaments organized by Numeraire by submitting predictions generated by their data models. Numerai then applies their predictions to new sets of market data. Any users that submit accurate predictions are rewarded once the tournament is concluded.

But this is not all. Numerai also notes which users’ predictions are most accurate and generate the most profitable investments. Numerai puts these together to create a “meta-model,” which the hedge fund uses for more effective asset trading. This back-testing model is significantly more effective than machine learning or linear trading models.

This distinctive data model is unlike any other in the current financial market. And as for the cherry on top, Numerai’s infrastructure is also entirely trustless. Numerai keeps all financial data masked, and users are able to keep their data models private, sharing only the generated predictions with the Numerai ecosystem.

Who Created Numeraire?

Numeraire was created by the company Numerai, founded in 2015 by Richard Craib. The NMR token launched on the Ethereum main net in 2017, with the project backed by several notable investors such as Howard Morgan, Placeholder, Union Square Ventures, and Paradigm.

Numeraire (NMR) Fundamental Analysis

We conducted a detailed fundamental analysis of the Numeraire network and found the platform to be backed by an innovative team and solid fundamentals. Below, we’ve highlighted some of the top benefits Numeraire brings to the market.

Accessibility

Numeraire has a wide stock universe of more than 5000 of some of the most popular crypto assets. Users can access an impressive amount of stocks recognized all across the globe. In this way, the platform makes globally popular stocks accessible to users regardless of their region.

Advanced AI Model

Numeraire helps eliminate human error in trading. It employs an advanced automated trading algorithm that weighs the predictions of thousands of users in the crypto market. It can gather data from upwards of 7500 coders and then automatically trade equities in the stock market.

Flexibility

Numeraire follows a multi-language approach which introduces more flexibility in terms of responsiveness, tools, and features. It enables a greater diversity of users to actively contribute to creating AI models on the network, allowing advanced users to develop using R Scripts and Python, among many more. 

Numeraire (NMR) Technical Analysis

Numerai draws most of its value from utility, technical capacity, and the unique technology that powers the project. NMR’s value also depends on its use case, which is majorly to incentivize users for their contribution to the Numerai ecosystem, and to power the applications on the platform.

If you believe that crowd-sourced hedge fund applications are likely to be adopted on a wider level in the future, adding an NMR coin to your portfolio could be a good investment choice. The NMR token can also be a coin of interest for data scientists and financial analysts who wish to be rewarded for data strategizing and market analysis.

However, the token’s intrinsic value doesn’t always line up with its market price. The market value of NMR depends greatly on external factors and is entirely open to the volatility of the crypto market. While a highly accurate Numeraire price prediction is not possible, many prominent investors have noted the NMR token as a currency of interest that could significantly grow soon.

Numeraire (NMR) Current Price 

Numeraire is currently worth $25.40 USD. NMR has moved 7.33% in the last 24 hours with a trading volume of $7,480,179. Numeraire is currently ranked 326 amongst all cryptocurrencies with a market capitalization of $159,497,648 USD.


Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Numeraire (NMR) to decide wether it is going to have a bullish or bearish year.

Numeraire (NMR) Price Prediction

Our Numeraire price predictions are formulated on detailed technical analysis. We employ real-time NMR market data to update our website with a dynamic KEEP price forecast.

Curious about the price of NMR? Have a look at our Numeraire price prediction below.

Year Minimum Price Average Price Maximum Price
2023 $30.49 $35.57 $38.11
2024 $50.81 $55.89 $63.51
2025 $76.21 $81.29 $88.92
2026 $101.62 $106.70 $114.32
2027 $127.02 $132.10 $139.73
2028 $152.43 $157.51 $165.13
2029 $177.83 $182.91 $190.53
2030 $203.24 $208.32 $215.94
2031 $228.64 $238.80 $248.96

Our price prediction forecasts use real-time Numeraire (NMR) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Numeraire (NMR) Price Prediction 2023

Numeraire, according to some, is one of the most amazing cryptocurrencies to rise this year (NMR). The NMR price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $38.11.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $35.57 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. NMR is expected to have a minimum value of $30.49.

Numeraire (NMR) Price Prediction 2024

In 2024, Numeraire NMR price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of NMR will soon surpass $63.51. However, we should wait to see if the NMR’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, NMR will trade with a minimum trading price of $50.81 and an average trading price of $55.89.

Numeraire (NMR) Price Prediction 2025

If the upward trend continues until 2025, it could reach $88.92 and NMR may profit. If the market experiences a decline, the goal may not be met. NMR is expected to trade at an average price of $81.29 and a low of $76.21 in 2025.

Numeraire (NMR) Price Prediction 2026

If Numeraire successfully boosts market sentiment among cryptocurrency enthusiasts, the NMR coin price could remain stable for the next five years.

According to our projections, NMR will be green in 2026. The NMR is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $114.32, with a minimum price of $101.62 and an average price of $106.70.

Numeraire (NMR) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the NMR price is expected to cross an average price level of $132.10 by 2027, with a minimum price of $127.02 expected before the end of the year. Furthermore, NMR has a maximum price value of $139.73.

Numeraire (NMR) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $157.51. If NMR manages to break the resistant level in 2028, we could see a maximum price of $165.13, failing to gather the support NMR needs by 2028 could result in a low of $152.43.

Numeraire (NMR) Price Prediction 2029

While NMR is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $177.83 and a yearly price close above $190.53 in 2029.

Numeraire (NMR) Price Prediction 2030

By 2030, Numeraire will finally surpass its previous ATH values and record new price levels. The minimum price could be $203.24 and potentially reach a maximum price value of $215.94, averaging out at $208.32.

Numeraire (NMR) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum NMR price in 2031 is projected to be $248.96 in the event of a bull run, with an average price level of $238.80.

Conclusion

Numeraire holds a unique position in today’s competitive cryptocurrency market. It employs a blend of innovative technologies to allow users to submit prediction models and trade equities and successfully incentivizes data scientists through a model supported by machine learning, cryptography, and artificial intelligence.

Numerai provides a distinctive model ideal for data scientists and financial advisors. By submitting trading strategies driven by market data, advisors and data scientists can generate some extra income. In this way, Numerai’s offerings are truly unique, and the platform has significant potential for future growth. Considering the coin’s performance history and current market sentiment, it is likely that NMR’s price could significantly increase in the near future.

However, this Numeraire price prediction is not intended to be investment advice. The crypto market is inherently volatile, and we recommend conducting your own research before making an investment decision.

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FAQ

What is the Numeraire (NMR) price today?

Today, Numeraire (NMR) is trading at $25.40 with a total market capitalization of $159,497,648.

Is Numeraire a good investment?

Numeraire proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that NMR is a good choice of investment.

How high can Numeraire go?

The average price of Numeraire (NMR) can possibly reach $35.57 this year. Over the next 5 years, it is projected that Numeraire may surpass $165.13.

How much will Numeraire be worth in 5 years?

Based on the rising popularity of cryptocurrency and Numeraire, a long term investment in NMR could see the price rise to $165.13 within the next 5 years.

How much will Numeraire be worth in 10 years?

If you invest in Numeraire today, as with any investment, a long term increase is expected. The price of NMR could possibly rise to $322.64 within the next 10 years.

What will the Numeraire price be in 2024?

Numeraire (NMR) price is expected to reach $63.51 by 2024.

What will the Numeraire price be in 2025?

Numeraire (NMR) price is expected to reach $88.92 by 2025.

What will the Numeraire price be in 2026?

Numeraire (NMR) price is expected to reach $114.32 by 2026.

What will the Numeraire price be in 2027?

Numeraire (NMR) price is expected to reach $139.73 by 2027.

What will the Numeraire price be in 2028?

Numeraire (NMR) price is expected to reach $165.13 by 2028.

What will the Numeraire price be in 2029?

Numeraire (NMR) price is expected to reach $190.53 by 2029.

What will the Numeraire price be in 2030?

Numeraire (NMR) price is expected to reach $215.94 by 2030.

What will the Numeraire price be in 2031?

Numeraire (NMR) price is expected to reach $248.96 by 2031.

Jason Conor Verified

Editor-in-Chief of the BitcoinWisdom site, I'm responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications.

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