Nano (XNO) Market Capitalization Achieves $122.28 Million

Nano (XNO) traded down 7.9% against the U.S. dollar during the 1 day period ending at 18:00 PM Eastern on August 26th. In the last week, Nano has traded 3.7% lower against the U.S. dollar. One Nano coin can currently be purchased for $0.92 or 0.00001457 BTC on popular exchanges. Nano has a market capitalization of $122.28 million and approximately $2.05 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $62,982.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.7% against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Bitcoin Cash (BCH) traded down 4.5% against the dollar and now trades at $342.51 or 0.00543819 BTC.
• UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $5.84 or 0.00009265 BTC.
• Litecoin (LTC) traded 2.7% lower against the dollar and now trades at $63.39 or 0.00100647 BTC.
• Monero (XMR) traded 1.9% lower against the dollar and now trades at $165.48 or 0.00262734 BTC.
• Ethereum Classic (ETC) traded 3.6% lower against the dollar and now trades at $19.49 or 0.00030937 BTC.
• Arweave (AR) traded down 4.5% against the dollar and now trades at $25.03 or 0.00039734 BTC.
• Bitcoin SV (BSV) traded down 5.7% against the dollar and now trades at $43.96 or 0.00069800 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

Nano (CRYPTO:XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded on October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official website for Nano is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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.

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.”

Buying and Selling Nano

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