$NMR NMR Coin, full name Numeraire, is a cryptocurrency based on the Ethereum blockchain, issued by the Numerai platform. Numerai is a hedge fund platform that uses artificial intelligence and machine learning technology to predict financial markets. The primary function of NMR Coin is as an incentive mechanism, rewarding participants who perform well in data science competitions held by Numerai. These competitions encourage data scientists to create and submit machine learning models to predict stock market performance.

Some key information about NMR Coin is as follows:

• Issuance Date: NMR Coin was issued on February 21, 2017.

• Total Supply: The maximum supply of NMR is 11,000,000 tokens.

• Circulating Supply: According to the latest data, the circulating supply of NMR is 7,356,673.7001 NMR.

• Circulation Rate: The circulation rate of NMR is 0.688082207119584.

• Total Market Capitalization: The total market capitalization of NMR is 373,511,642,753.

• Circulating Market Capitalization: The circulating market capitalization of NMR is 182,277,842 USD.

• Price Volatility: The price of NMR Coin fluctuates with market changes, with the latest price at 25.20 and a 24-hour trading volume of 9,875,721.

• Technical Foundation: NMR is an ERC-20 token based on Ethereum, utilizing Ethereum's Proof of Stake (PoS) consensus mechanism to ensure network security.

• Token Burn: NMR tokens are burned weekly due to failed models and predictions by competition participants.

The value and potential of NMR Coin come from its unique market positioning, which leverages the power of a global community of data scientists to develop and improve predictive models.