Nano (XNO) Hits Market Cap of $195.94 Million

Nano (XNO) traded up 4.2% against the US dollar during the 24-hour period ending at 13:00 PM ET on January 17th. One Nano coin can currently be purchased for $1.47 or 0.00001405 BTC on exchanges. Nano has a total market cap of $195.94 million and approximately $2.17 million worth of Nano was traded on exchanges in the last 24 hours. In the last week, Nano has traded 8.5% higher against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 5.4% higher against the dollar and now trades at $104,690.65 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.4% higher against the dollar and now trades at $0.41 or 0.00000395 BTC.
• Litecoin (LTC) traded up 5.8% against the dollar and now trades at $135.68 or 0.00129641 BTC.
• Bitcoin Cash (BCH) traded 5.3% higher against the dollar and now trades at $492.67 or 0.00470760 BTC.
• UNUS SED LEO (LEO) traded 0.9% higher against the dollar and now trades at $9.73 or 0.00009295 BTC.
• Monero (XMR) traded up 5.8% against the dollar and now trades at $232.13 or 0.00221802 BTC.
• Ethereum Classic (ETC) traded 2.9% higher against the dollar and now trades at $27.89 or 0.00026646 BTC.
• IOTA (MIOTA) traded down 0.7% against the dollar and now trades at $0.40 or 0.00000378 BTC.
• Bitcoin SV (BSV) traded up 1.6% against the dollar and now trades at $58.65 or 0.00056039 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $17.43 or 0.00016651 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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official website for Nano is nano.org/en. 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.”

Nano Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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