Nano Achieves Market Capitalization of $164.92 Million (XNO)

Nano (XNO) traded down 1.3% against the US dollar during the twenty-four hour period ending at 15:00 PM Eastern on May 7th. Nano has a total market cap of $164.92 million and approximately $3.87 million worth of Nano was traded on exchanges in the last 24 hours. Over the last seven days, Nano has traded 12.8% higher against the US dollar. One Nano coin can now be bought for about $1.24 or 0.00001960 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $63,212.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.5% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded up 0.4% against the dollar and now trades at $477.71 or 0.00756401 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $82.15 or 0.00130072 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.76 or 0.00009115 BTC.
• Ethereum Classic (ETC) traded 1.3% higher against the dollar and now trades at $27.70 or 0.00043865 BTC.
• Arweave (AR) traded 4.8% lower against the dollar and now trades at $38.37 or 0.00060760 BTC.
• Monero (XMR) traded 1.9% lower against the dollar and now trades at $129.00 or 0.00204262 BTC.
• Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $64.35 or 0.00101886 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0000 or 0.00000000 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. The official website for Nano is nano.org/en. 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 currently 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, Changelly or Gemini. 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