NuCypher Reaches Self Reported Market Cap of $104.80 Million (NU)

NuCypher (NU) traded down 6.4% against the dollar during the twenty-four hour period ending at 22:00 PM Eastern on October 15th. One NuCypher token can now be purchased for about $0.0759 or 0.00000114 BTC on major cryptocurrency exchanges. NuCypher has a total market cap of $104.80 million and approximately $7,456.54 worth of NuCypher was traded on exchanges in the last day. In the last seven days, NuCypher has traded down 3.7% against the dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 11.6% lower against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded 0.5% lower against the dollar and now trades at $169.17 or 0.00250790 BTC.

NuCypher Token Profile

NuCypher’s genesis date was October 15th, 2020. NuCypher’s total supply is 1,380,688,921 tokens and its circulating supply is 1,380,688,920 tokens. 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. NuCypher’s official message board 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 buy alternative cryptocurrencies such as NuCypher directly using US dollars. Investors seeking to acquire NuCypher should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NuCypher using one of the exchanges listed above.

NU/USD price chart by TradingView