Nano (XNO) Trading Down 12.8% Over Last 7 Days

Nano (XNO) traded 6.2% lower against the dollar during the twenty-four hour period ending at 12:00 PM ET on August 28th. Nano has a market capitalization of $113.49 million and $2.32 million worth of Nano was traded on exchanges in the last day. One Nano coin can currently be purchased for approximately $0.85 or 0.00001451 BTC on exchanges. Over the last seven days, Nano has traded 12.8% lower against the dollar.

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

• Bitcoin (BTC) traded down 4.8% against the dollar and now trades at $58,710.00 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.1% against the dollar and now trades at $0.0988 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded 5.1% lower against the dollar and now trades at $319.89 or 0.00544868 BTC.
• UNUS SED LEO (LEO) traded up 2.8% against the dollar and now trades at $6.02 or 0.00010256 BTC.
• Litecoin (LTC) traded down 4.2% against the dollar and now trades at $60.58 or 0.00103191 BTC.
• Monero (XMR) traded down 1.7% against the dollar and now trades at $156.83 or 0.00267125 BTC.
• Ethereum Classic (ETC) traded 4% lower against the dollar and now trades at $18.38 or 0.00031311 BTC.
• Arweave (AR) traded 7.2% lower against the dollar and now trades at $22.98 or 0.00039142 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $42.53 or 0.00072444 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 launched on October 1st, 2015. Nano’s total supply is 133,248,297 coins. Nano’s official website 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.”

Nano Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView