Nano Trading Down 26.2% Over Last Week (XNO)

Nano (XNO) traded down 11.8% against the dollar during the one day period ending at 13:00 PM Eastern on January 13th. One Nano coin can now be purchased for $1.18 or 0.00001292 BTC on popular cryptocurrency exchanges. Nano has a market cap of $157.74 million and approximately $3.22 million worth of Nano was traded on exchanges in the last day. Over the last seven days, Nano has traded 26.2% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3.3% lower against the dollar and now trades at $91,606.22 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 6% against the dollar and now trades at $0.32 or 0.00000350 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $9.29 or 0.00010137 BTC.
• Bitcoin Cash (BCH) traded 11.4% lower against the dollar and now trades at $409.24 or 0.00446742 BTC.
• Litecoin (LTC) traded down 8.9% against the dollar and now trades at $94.74 or 0.00103420 BTC.
• Monero (XMR) traded down 4.4% against the dollar and now trades at $197.26 or 0.00215337 BTC.
• Ethereum Classic (ETC) traded 7.8% lower against the dollar and now trades at $23.62 or 0.00025787 BTC.
• IOTA (MIOTA) traded 10.1% lower against the dollar and now trades at $0.30 or 0.00000333 BTC.
• Bitcoin SV (BSV) traded down 12.5% against the dollar and now trades at $51.36 or 0.00056070 BTC.
• Arweave (AR) traded 7.8% lower against the dollar and now trades at $14.55 or 0.00015879 BTC.

Nano Profile

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

According to CryptoCompare, “Nano is designed to be a low latency, high throughput cryptocurrency. It builds on an analogy from the electrical engineering discipline by equating network consensus to arbiter circuits. This gives Nano an established and well-researched modeling basis for how the system comes to a distributed, egalitarian, and efficient conclusion. In the Nano system, each account in the system has a blockchain that is controlled only by them, all chains are replicated to all peers in the network, removing block intervals, mining, transaction fees.Nano has rebranded and changed the ticker to XNO, see the official announcement.“XNO” and trades under that name on all the exchanges where it has been listed.”

Buying and Selling Nano

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

XNO/USD price chart by TradingView