NuCypher Achieves Self Reported Market Capitalization of $160.50 Million (NU)

NuCypher (NU) traded up 7.3% against the dollar during the 24-hour period ending at 7:00 AM Eastern on April 20th. One NuCypher token can currently be bought for about $0.12 or 0.00000183 BTC on popular exchanges. NuCypher has a market capitalization of $160.50 million and approximately $3,960.88 worth of NuCypher was traded on exchanges in the last day. During the last week, NuCypher has traded 5.1% lower against the dollar.

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

• KILT Protocol (KILT) traded up 1.1% against the dollar and now trades at $0.33 or 0.00000523 BTC.
• 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 down 2.2% 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 1.9% higher 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.8% against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% 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. NuCypher’s official message board is blog.nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. NuCypher’s official website 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.”

Buying and Selling NuCypher

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

NU/USD price chart by TradingView

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