NuCypher (NU) Reaches Self Reported Market Cap of $95.58 Million

NuCypher (NU) traded down 3.6% against the dollar during the 24-hour period ending at 12:00 PM Eastern on February 6th. One NuCypher token can now be purchased for approximately $0.0692 or 0.00000070 BTC on exchanges. NuCypher has a total market capitalization of $95.58 million and approximately $1,586.03 worth of NuCypher was traded on exchanges in the last day. Over the last seven days, NuCypher has traded 15.7% lower against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• GMX (GMX) traded 0.4% lower against the dollar and now trades at $16.97 or 0.00017564 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded down 1.3% against the dollar and now trades at $96,632.63 or 1.00015247 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% lower against the dollar and now trades at $96,465.56 or 0.99842327 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

NuCypher Profile

NuCypher’s genesis date was 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. The official website for NuCypher is nucypher.com. The official message board for NuCypher is blog.nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here.

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.”

NuCypher Token Trading

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

NU/USD price chart by TradingView