Nano Achieves Market Cap of $118.85 Million (XNO)

Nano (XNO) traded 3% lower against the dollar during the 24 hour period ending at 9:00 AM ET on July 3rd. One Nano coin can currently be purchased for $0.89 or 0.00001477 BTC on exchanges. During the last seven days, Nano has traded down 1% against the dollar. Nano has a total market cap of $118.85 million and $1.79 million worth of Nano was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 3.3% lower against the dollar and now trades at $60,376.10 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4% lower against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Bitcoin Cash (BCH) traded down 3.3% against the dollar and now trades at $375.19 or 0.00621419 BTC.
• Litecoin (LTC) traded down 1.5% against the dollar and now trades at $73.96 or 0.00122501 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.80 or 0.00009598 BTC.
• Ethereum Classic (ETC) traded down 3.3% against the dollar and now trades at $22.53 or 0.00037315 BTC.
• Monero (XMR) traded 1.7% lower against the dollar and now trades at $166.13 or 0.00275154 BTC.
• Arweave (AR) traded down 3.6% against the dollar and now trades at $27.36 or 0.00045310 BTC.
• Bitcoin SV (BSV) traded down 3.9% against the dollar and now trades at $43.03 or 0.00071278 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

Nano 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 Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. The official message board for Nano is blog.nano.org. The official website for Nano 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 possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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