NuCypher (NU) price, chart, coin profile and news

Find the latest NuCypher (NU) price, coin profile, news and history to get you started with NuCypher trading and investing.

NuCypher
NU- USD
$0.16
- $0.01 ( - 7.62%)
POLYCHAIN-CAPITAL-PORTFOLIO

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

What is NuCypher?

NU is the native token of the NuCypher network, along with being the utility token of the ecosystem. NuCypher offers a decentralised encryption, access control and key management system (KMS) for blockchain networks. Holders of the NU token get the right to run a node on the network. Users can only run a node by staying online accessible to users and staking a particular amount of native tokens on the network as a collateral. The token model of NU is designed in a way to offer low liquidity so that users would stake tokens for longer terms, rather than using it as a speculative trading asset. NuCypher was founded by MacLane Wilkison and Michael Egorov in 2015, although they did not tokenize it’s data encryption layer till December 2017, when they launched NU as a Simple Agreement for Future Tokens (SAFT) selling 31% of the initial token supply for nearly $4.4 million in what’s also known as a token pre-sale.In October 2019, NuCypher sold another 8% of it’s token supply through another SAFT to raise $10.7 million.

NuCypher (NU) is the 187th largest cryptocurrency in the world by market cap, valued at $202,389,483. The current price of NuCypher is $0.23791482, which is -6.181% lower than yesterday. Prices have ranged between $0.26329017 and $0.23801492 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 18, 2022 03:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Recent NuCypher developments

June 2021: NuCypher announced a "hard merge" (a play on the term "hard fork") with security protocol Keep Network. The 2 networks will form a single protocol known as Threshold. The merger has aptly been named the "KEANU" proposal, after Keanu Reeves.

NuCypher (NU) price

Use our graph to track the performance of (NU) over time.

NuCypher at a glance

Information last updated May 18, 2022 03:05 UTC.
Coin symbol NU
Coin Marketcap AUD$202,389,483
Total NU supply 3,885,390,082
Circulating NU 1,203,047,938
Current price AUD$0.23791482
All time high AUD$5.3339
All time high date October 15, 2021
Notable team members Mikhail Egorov, MacLane Wilkison
Partnerships Keep Network
Industry Encryption
Token uses Staking, mining rewards, platform fees
Network Ethereum

NuCypher price performance over time

Historical prices compared with the price of $0.23791482.

1 hour -1.02%
24 hours -6.18%
7 days -26.55%
14 days -46.26%
30 days -55.87%
60 days -61.20%
200 days -82.36%
1 year -55.95%

Disclaimer: Cryptocurrencies, including NuCypher, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NU is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the NuCypher or any other cryptocurrency discussed.

More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site