Nano Market Cap Reaches $122.61 Million (XNO)

Nano (XNO) traded 2.6% higher against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on September 12th. Over the last week, Nano has traded 7.5% higher against the U.S. dollar. One Nano coin can now be bought for about $0.92 or 0.00001584 BTC on major cryptocurrency exchanges. Nano has a market capitalization of $122.61 million and approximately $1.79 million worth of Nano was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 2.4% against the dollar and now trades at $58,073.77 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.6% higher against the dollar and now trades at $0.10 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded 1.9% higher against the dollar and now trades at $334.45 or 0.00575911 BTC.
• UNUS SED LEO (LEO) traded 3.4% higher against the dollar and now trades at $5.73 or 0.00009869 BTC.
• Litecoin (LTC) traded 0.6% higher against the dollar and now trades at $61.66 or 0.00106173 BTC.
• Monero (XMR) traded 1.4% higher against the dollar and now trades at $170.39 or 0.00293408 BTC.
• Ethereum Classic (ETC) traded up 1% against the dollar and now trades at $18.46 or 0.00031792 BTC.
• Arweave (AR) traded 6.8% higher against the dollar and now trades at $20.04 or 0.00034508 BTC.
• Bitcoin SV (BSV) traded 2.2% lower against the dollar and now trades at $48.99 or 0.00084355 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. Its genesis date was 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. Nano’s official message board 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.”

Nano Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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