Numeraire (NMR) coin surged over 172% yesterday on report that it will be listed on Coinbase Pro by Monday August 17, 2020. The asset opened the market yesterday trading around $20 and managed to hit slightly above $57. However, the asset dropped overnight and was trading around $52 at the time of writing.
NMR operates on the Ethereum platform and has a current supply of 10,979,490.54 with 2,757,362.543 in circulation.
It is currently trading on 21 active markets with $11,091,329.464 traded over the last 24 hours.
With a market capitalization of around $147 million and 24-hour volume of around $11 million, the instrument is poised to surge even further over the weekend before the listing.
Once sufficient supply of NMR is established on the platform, trading on our NMR-USD, NMR-BTC, NMR-EUR and NMR-GBP order books will launch in four phases, transfer-only, post-only, limit-only and full trading, Coinbase indicates on its press release.
This is a clear indication of the current demand within the crypto industry. With that trend, leading digital assets BTC, ETH, XRP, and also LINK are poised to see a huge parabolic rise that might make the 2017/2018 and the current rally a mere shadow.