Numeraire, a token linked to the substitute intelligence-powered hedge fund Numerai, has soared practically 30% up to now 24 hours amid a staggering 2,900% spike in day by day buying and selling quantity.
The Numeraire (NMR) worth rose sharply as prime cryptocurrencies wavered amid continued tariff uncertainty. As danger property slipped on information that China had “violated” its commerce settlement with the U.S., NMR, the native token of the AI hedge fund designed to democratize knowledge science by way of blockchain, rallied to highs of $12.04 throughout main exchanges.
Upside momentum continued Numeraire’s latest uptick, with Friday’s efficiency marking its finest up to now two weeks. Though its features paled compared to the staggering 445% transfer for Pocket Community and the 150% upwing for Livepeer, NMR posted an astounding statistic of its personal too.
NMR worth at present hovers above the psychological $10 mark.
Whereas worth elevated solely by about 30%, the token’s day by day quantity skyrocketed by greater than 2,900%. From lows of $5.46 million the day earlier than—Might 29, 2025—Numeraire shopping for strain pushed the day by day quantity as much as $156 million.
The spike in worth and quantity defied the broader market, with international crypto quantity up by 7.5% to $142 billion and international market cap down 2.7% to $3.31 trillion. A take a look at the AI-related tokens sector confirmed that whereas sector quantity rose a median 88% to over $7.4 billion, many of the prime AI tokens have been down between 4% and 13% up to now 24 hours.
Numeraire, whose AI strategy contains integration of synthetic intelligence and blockchain for knowledge scientists, is seeing its utility token achieve amid recent curiosity within the venture. NMR is used to incentivize knowledge scientists with its utility in prediction and staking essential.
Lately, Numerai revealed that the platform has recorded over $5.5 million in staking by knowledge scientists.