NuCypher (NU) Tops One Day Trading Volume of $2,212.66

by · The Markets Daily

NuCypher (NU) traded 3.1% lower against the US dollar during the 24-hour period ending at 17:00 PM E.T. on October 31st. One NuCypher token can now be bought for about $0.0718 or 0.00000102 BTC on cryptocurrency exchanges. In the last week, NuCypher has traded down 4.3% against the US dollar. NuCypher has a market cap of $99.20 million and approximately $2,212.66 worth of NuCypher was traded on exchanges in the last day.

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

  • 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 3.4% lower against the dollar and now trades at $69,982.62 or 0.99968114 BTC.
  • SolvBTC (SOLVBTC) traded down 3.7% against the dollar and now trades at $69,830.28 or 0.99750499 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

NuCypher Profile

NuCypher’s launch date was October 15th, 2020. NuCypher’s total supply is 1,380,688,920 tokens. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. NuCypher’s official message board is blog.nucypher.com. The official website for NuCypher is nucypher.com. The Reddit community for NuCypher is https://reddit.com/r/nucypher and the currency’s Github account can be viewed 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 presently possible to purchase alternative cryptocurrencies such as NuCypher directly using U.S. dollars. Investors seeking to trade NuCypher should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NuCypher using one of the exchanges listed above.

NU/USD price chart by TradingView