Numeraire Explodes 30% as Trading Volume Soars 2,900%!

NMR Rockets Amid Market Uncertainty

Hang onto your hats, folks! Numeraire, the token powering the AI-driven hedge fund Numerai, just blasted off by nearly 30% in the last 24 hours. And get this—its daily trading volume? It's gone through the roof with a mind-blowing 2,900% spike!

While the big shots in the crypto world were stumbling over tariff dramas, NMR was on fire. As news hit that China had "violated" its trade deal with the U.S., causing other risk assets to slip, Numeraire's native token, designed to make data science accessible through blockchain magic, soared to highs of $12.04 across major exchanges.

The upward surge kept Numeraire's momentum rolling, hitting its best performance in the last two weeks on Friday. Sure, it might not match the insane 445% jump of Pocket Network or Livepeer's 150% climb, but NMR's stats are nothing to sneeze at.

Right now, NMR is cruising above the psychological $10 mark, and it's not slowing down.

While the price only climbed about 30%, the real shocker is the volume—skyrocketing over 2,900%! From a low of just $5.46 million the day before—May 29, 2025—the buying frenzy for Numeraire pushed the daily volume up to a whopping $156 million.

This surge in price and volume is defying the broader market trends. Global crypto volume only crept up 7.5% to $142 billion, and the market cap dipped 2.7% to $3.31 trillion. Meanwhile, the AI token sector saw an average volume increase of 88% to over $7.4 billion, but most top AI tokens were down between 4% and 13% in the last 24 hours.

What's driving this? Numeraire's unique blend of AI and blockchain tech is making waves among data scientists, and its utility token is gaining traction. NMR is the key to incentivizing data scientists, crucial for prediction and staking.

Just recently, Numerai dropped the bombshell that over $5.5 million has been staked by data scientists on their platform.