Nano Market Cap Hits $128.40 Million (XNO)

Nano (XNO) traded 0.8% higher against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on July 28th. One Nano coin can now be purchased for $0.96 or 0.00001418 BTC on cryptocurrency exchanges. Nano has a market capitalization of $128.40 million and approximately $6.52 million worth of Nano was traded on exchanges in the last 24 hours. During the last seven days, Nano has traded 1.9% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded 1.2% lower against the dollar and now trades at $67,973.08 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.1% lower against the dollar and now trades at $0.13 or 0.00000192 BTC.
• Bitcoin Cash (BCH) traded up 2.7% against the dollar and now trades at $396.40 or 0.00583177 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $5.85 or 0.00008603 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $71.55 or 0.00105262 BTC.
• Ethereum Classic (ETC) traded 2% lower against the dollar and now trades at $22.70 or 0.00033392 BTC.
• Monero (XMR) traded 0% higher against the dollar and now trades at $163.98 or 0.00241241 BTC.
• Arweave (AR) traded down 5.1% against the dollar and now trades at $30.86 or 0.00045394 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $45.20 or 0.00066500 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

XNO is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official message board for Nano is blog.nano.org. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. 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.”

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, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView