Nano (XNO) Achieves Market Cap of $92.49 Million

Nano (XNO) traded down 9.8% against the U.S. dollar during the 1 day period ending at 23:00 PM Eastern on August 4th. In the last week, Nano has traded down 30.4% against the U.S. dollar. Nano has a total market cap of $92.49 million and approximately $2.57 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be bought for approximately $0.69 or 0.00001281 BTC on exchanges.

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

• Bitcoin (BTC) traded 10.6% lower against the dollar and now trades at $54,344.16 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 15.7% lower against the dollar and now trades at $0.0916 or 0.00000169 BTC.
• Bitcoin Cash (BCH) traded down 17.4% against the dollar and now trades at $299.16 or 0.00552125 BTC.
• UNUS SED LEO (LEO) traded 1.3% lower against the dollar and now trades at $5.66 or 0.00010443 BTC.
• Litecoin (LTC) traded down 14.6% against the dollar and now trades at $55.40 or 0.00102244 BTC.
• Monero (XMR) traded 4.3% lower against the dollar and now trades at $144.37 or 0.00266446 BTC.
• Ethereum Classic (ETC) traded down 14.5% against the dollar and now trades at $16.89 or 0.00031176 BTC.
• Arweave (AR) traded 18.8% lower against the dollar and now trades at $18.78 or 0.00034665 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 17.5% lower against the dollar and now trades at $35.61 or 0.00065713 BTC.

About Nano

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 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. Nano’s official website is nano.org/en.

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 acquire Nano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView