NMR (Numeraire) up 14.16% in the last 24 hours

Gate News Bot消息，September 08, according to CoinMarketCap data, as of the time of writing, NMR (Numeraire) is currently priced at $20.06, with a rise of 14.16% in the last 24 hours, reaching a high of $22.37 and a low of $12.51. The 24-hour volume has reached $400 million. The current market capitalization is approximately $152 million, an increase of $18.89 million compared to yesterday.

Numerai is a global hedge fund and data science competition platform. It is known as "the hardest data science competition in the world," allowing data scientists to use artificial intelligence to predict the stock market and power Numerai's hedge fund. The platform provides high-quality hedge fund data that is cleaned and normalized, designed for immediate use. Participants can build models, submit predictions, and earn or lose cryptocurrency by establishing a reputation on the leaderboard. To date, Numerai has paid data scientists $46.2536 million.

Important news about NMR recently:

1️⃣ The actual total locked value of NMR is approximately 20 million USD Numerai founder Richard Craib clarified the total value locked (TVL) data for NMR. Due to Numerai's unique staking mechanism, the TVL data displayed by many websites is inaccurate. In fact, the TVL of NMR is approximately $20 million, far exceeding the $4 million shown by some platforms. This figure reflects the true value and usage of NMR within the ecosystem and may be one of the important factors behind the recent price rise.

2️⃣ NMR popularity ranking has significantly risen On the cryptocurrency popularity list on September 7, 2025, NMR ranked third, following WLFI and SOMI. NMR's 24-hour rise reached 38.68%, with the price increasing to $19.28. This significant surge in popularity and price rise may have attracted more investor attention, further driving its price pump.

3️⃣ The market's continued focus on AI and data science projects As a cryptocurrency project that combines AI and data science, the rise in NMR's price may reflect the market's ongoing enthusiasm for such innovative projects. The Numerai platform incentivizes data scientists to participate in stock market predictions, showcasing the practical application of blockchain technology in the financial sector, and this unique positioning may have attracted more investor interest.

From a technical perspective, the price of NMR has broken through several important resistance levels, showing strong upward momentum. However, investors should remain cautious of potential short-term pullback risks.

This message does not constitute investment advice; investors should be aware of market volatility risks.