Numeraire Price Analysis: NMR/USD explodes after listing on Binance, eyes $200M market cap

  • NMR price is currently around $60 after another significant pump from $40.
  • The Numeraire price has been quite flat for the majority of 2020 and had almost no volume.

Numeraire got a huge boost in price and volume after getting listed on the top exchanges like Binance, Coinbase Pro and others. NMR now has more than $50 million daily trading volume and is ranked 76th by market capitalization after hitting $60. 

NMR/USD 4-hour chart

NMR was trading sideways before the last price explosion towards $70. In just a few hours, bulls managed to push NMR from $40.29 to $67.5 – that is a 67.5% jump – and the pullback hasn’t been too steep.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.