NuCypher (NU) Hits Self Reported Market Capitalization of $97.63 Million

NuCypher (NU) traded 4% lower against the U.S. dollar during the 24-hour period ending at 21:00 PM ET on July 25th. NuCypher has a market cap of $97.63 million and approximately $1,753.64 worth of NuCypher was traded on exchanges in the last day. In the last seven days, NuCypher has traded down 6.2% against the U.S. dollar. One NuCypher token can now be bought for approximately $0.0707 or 0.00000108 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.19 or 0.00000283 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.6% higher against the dollar and now trades at $0.0132 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

NuCypher Token Profile

NuCypher launched on October 15th, 2020. NuCypher’s total supply is 1,380,688,920 tokens. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed here. NuCypher’s official website is nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. NuCypher’s official message board is blog.nucypher.com.

According to CryptoCompare, “NuCypher (NU) tokens are used on the NuCypher network to incentivize network participants for providing key management services and accessing delegation/revocation operations. NuCypher is a decentralized encryption, access control, and key management system for public blockchains, offering end-to-end encrypted data sharing and decentralized storage solutions. NuCypher uses proxy re-encryption (PRE) technology to securely share private data between multiple participants in public consensus networks. NU tokens are also used for staking to run a NuCypher worker node, participating in the NuCypher DAO, and validating DAO proposals. The NuCypher network is protected against malicious staking and automatically slashes suspected users’ rewards.”

Buying and Selling NuCypher

It is usually not currently possible to purchase alternative cryptocurrencies such as NuCypher directly using US dollars. Investors seeking to trade NuCypher should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NuCypher using one of the aforementioned exchanges.

NU/USD price chart by TradingView