Nano Market Cap Tops $129.00 Million (XNO)

Nano (XNO) traded 0.1% lower against the US dollar during the 1 day period ending at 12:00 PM ET on July 30th. One Nano coin can now be purchased for about $0.97 or 0.00001460 BTC on popular exchanges. Nano has a market cap of $129.00 million and $2.45 million worth of Nano was traded on exchanges in the last 24 hours. Over the last week, Nano has traded 0% lower against the US dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $66,292.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.1% lower against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $442.10 or 0.00666902 BTC.
• Litecoin (LTC) traded down 1.3% against the dollar and now trades at $73.22 or 0.00110457 BTC.
• UNUS SED LEO (LEO) traded down 1.5% against the dollar and now trades at $5.68 or 0.00008563 BTC.
• Ethereum Classic (ETC) traded down 0.3% against the dollar and now trades at $22.70 or 0.00034239 BTC.
• Monero (XMR) traded down 1.9% against the dollar and now trades at $159.73 or 0.00240941 BTC.
• Arweave (AR) traded 4.5% lower against the dollar and now trades at $30.01 or 0.00045269 BTC.
• Bitcoin SV (BSV) traded 3.1% higher against the dollar and now trades at $52.47 or 0.00079151 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin 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. Nano’s official website is nano.org/en. 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. The official message board for Nano is blog.nano.org.

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.”

Buying and Selling Nano

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

XNO/USD price chart by TradingView