Numeraire (NMR) Price Prediction 2023-2030: Will NMR Price Hit $35 Soon?
- Bullish Numeraire (NMR) price prediction ranges from $24 to $35.
- Analysis suggests that the NMR price might reach above $33.
- The NMR bearish market price prediction for 2023 is $7.8.
What is Numeraire (NMR)?
Numerai is an Ethereum-based platform that enables developers and data scientists to innovate and experiment in order to create machine learning models with improved reliability. The platform aims to bring decentralization to the data science field in order to enable developers to compete in creating effective machine learning models.
Founded in late 2015 in San Francisco by Richard Craib who is the founder and CEO of Numerai, Numeraire is the first hedge fund to launch a cryptocurrency on the market.
Numerai and the Numeraire token are unique due to the ideation behind their creation. This is reportedly the first cryptocurrency to be created and released by a hedge fund. One of the uses of MNR tokens is that it is awarded to data scientists whose models perform well in the Numerai tournament. This means that the token will increase in price as more people enter the tournament and start competing.
Table of contents
- What is Numeraire (NMR)?
- Numera…
The post Numeraire (NMR) Price Prediction 2023-2030: Will NMR Price Hit $35 Soon? appeared first on Coin Edition.
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Numeraire (NMR) Price Prediction 2023-2030: Will NMR Price Hit $35 Soon?
- Bullish Numeraire (NMR) price prediction ranges from $24 to $35.
- Analysis suggests that the NMR price might reach above $33.
- The NMR bearish market price prediction for 2023 is $7.8.
What is Numeraire (NMR)?
Numerai is an Ethereum-based platform that enables developers and data scientists to innovate and experiment in order to create machine learning models with improved reliability. The platform aims to bring decentralization to the data science field in order to enable developers to compete in creating effective machine learning models.
Founded in late 2015 in San Francisco by Richard Craib who is the founder and CEO of Numerai, Numeraire is the first hedge fund to launch a cryptocurrency on the market.
Numerai and the Numeraire token are unique due to the ideation behind their creation. This is reportedly the first cryptocurrency to be created and released by a hedge fund. One of the uses of MNR tokens is that it is awarded to data scientists whose models perform well in the Numerai tournament. This means that the token will increase in price as more people enter the tournament and start competing.
Table of contents
- What is Numeraire (NMR)?
- Numera…
The post Numeraire (NMR) Price Prediction 2023-2030: Will NMR Price Hit $35 Soon? appeared first on Coin Edition.
Read More