It appears that the Coinbase Effect is in full swing. An hour ago, the leading cryptocurrency exchange announced that it will be listing a new coin on its professional trading platform, Coinbase Pro. The cryptocurrency it listed is Numeraire ( NMR ), a popular altcoin project from 2017, and it has surged over 100% since the announcement: “On Monday, August 17, transfer NMR into your Coinbase Pro account ahead of trading. Support for NMR will be available in all Coinbase’s supported jurisdictions,
Numeraire is an Ethereum token that powers
Numerai,a San Francisco-based hedge fund that
crowdsources artificial intelligence to make
investments in major stock markets around the
world.Numeraire( NMR )holders can stake their
NMR tokens every week on specific predictions.
Successful predictions are rewarded with more