NuCypher (NU) Price Down 11% Over Last 7 Days

NuCypher (NU) traded 2.7% lower against the US dollar during the 1 day period ending at 10:00 AM Eastern on November 4th. NuCypher has a market capitalization of $88.07 million and approximately $525.57 worth of NuCypher was traded on exchanges in the last day. One NuCypher token can now be purchased for $0.0638 or 0.00000093 BTC on popular cryptocurrency exchanges. In the last seven days, NuCypher has traded down 11% against the US dollar.

Here is how other 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 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.
• 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 down 2.2% 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.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.6% against the dollar and now trades at $68,588.77 or 1.00247495 BTC.
• SolvBTC (SOLVBTC) traded up 0.8% against the dollar and now trades at $68,556.42 or 1.00200219 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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 website is nucypher.com. NuCypher’s official Twitter account is @nucypher and its Facebook page is accessible here. NuCypher’s official message board is blog.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 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NuCypher using one of the aforementioned exchanges.

NU/USD price chart by TradingView