Nano Trading Down 7% Over Last Week (XNO)

Nano (XNO) traded up 2.8% against the dollar during the one day period ending at 12:00 PM E.T. on January 9th. In the last seven days, Nano has traded down 7% against the dollar. Nano has a total market capitalization of $178.82 million and $2.54 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for about $1.34 or 0.00001426 BTC on exchanges.

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

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $94,117.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.6% against the dollar and now trades at $0.33 or 0.00000350 BTC.
• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $428.33 or 0.00454984 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $9.04 or 0.00009605 BTC.
• Litecoin (LTC) traded up 3.4% against the dollar and now trades at $104.61 or 0.00111121 BTC.
• Ethereum Classic (ETC) traded up 0.8% against the dollar and now trades at $25.35 or 0.00026928 BTC.
• Monero (XMR) traded 2% lower against the dollar and now trades at $195.26 or 0.00207414 BTC.
• IOTA (MIOTA) traded down 1.1% against the dollar and now trades at $0.31 or 0.00000331 BTC.
• Bitcoin SV (BSV) traded 1.4% higher against the dollar and now trades at $52.89 or 0.00056179 BTC.
• Arweave (AR) traded down 0.3% against the dollar and now trades at $15.60 or 0.00016566 BTC.

About Nano

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. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official message board is blog.nano.org. Nano’s official website 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 presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView