Nano Market Capitalization Tops $140.62 Million (XNO)

Nano (XNO) traded up 2.3% against the U.S. dollar during the 24-hour period ending at 16:00 PM Eastern on April 17th. In the last week, Nano has traded 24.9% lower against the U.S. dollar. Nano has a market cap of $140.62 million and approximately $5.10 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can now be bought for about $1.06 or 0.00001719 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 3.5% against the dollar and now trades at $61,387.98 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3% lower against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded 3% lower against the dollar and now trades at $468.36 or 0.00762953 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $79.76 or 0.00129922 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.88 or 0.00009572 BTC.
• Ethereum Classic (ETC) traded 1.4% lower against the dollar and now trades at $25.63 or 0.00041754 BTC.
• Monero (XMR) traded down 1.2% against the dollar and now trades at $120.33 or 0.00196020 BTC.
• Arweave (AR) traded up 2.7% against the dollar and now trades at $24.85 or 0.00040480 BTC.
• Bitcoin SV (BSV) traded 1% lower against the dollar and now trades at $66.15 or 0.00107756 BTC.
• eCash (XEC) traded 3.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Coin Profile

Nano (CRYPTO:XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official message board for Nano is blog.nano.org. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official website is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here.

According to CryptoCompare, “Nano (XNO), previously RaiBlocks, is a decentralized digital currency that addresses inefficiencies in existing cryptocurrencies. It uses a unique block-lattice architecture, enabling immediate transaction processing and scalability. The Nano network offers instant, fee-less transactions with unlimited scalability through an efficient consensus mechanism called Open Representative Voting (ORV). Nano is used for peer-to-peer transactions and is popular in microtransactions due to its instant and fee-less attributes. It was created by Colin LeMahieu in 2015 to address issues of scalability and fees in existing cryptocurrency designs.”

Nano Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView