Nano (XNO) Trading Down 6.3% This Week

Nano (XNO) traded 2.8% lower against the dollar during the 1-day period ending at 8:00 AM ET on January 12th. One Nano coin can now be purchased for approximately $0.70 or 0.00000778 BTC on popular exchanges. During the last seven days, Nano has traded 6.3% lower against the dollar. Nano has a market cap of $93.74 million and $644.79 thousand worth of Nano was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 3.4% lower against the dollar and now trades at $3.65 or 0.00004040 BTC.
• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $90,447.96 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.3% lower against the dollar and now trades at $0.14 or 0.00000150 BTC.
• Bitcoin Cash (BCH) traded down 4.1% against the dollar and now trades at $624.64 or 0.00690611 BTC.
• Monero (XMR) traded up 16% against the dollar and now trades at $575.46 or 0.00636234 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $9.02 or 0.00009971 BTC.
• Zcash (ZEC) traded up 1.4% against the dollar and now trades at $401.86 or 0.00444303 BTC.
• Litecoin (LTC) traded 6.4% lower against the dollar and now trades at $75.89 or 0.00083905 BTC.
• Ethereum Classic (ETC) traded 2.9% lower against the dollar and now trades at $12.21 or 0.00013497 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano (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 Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board is blog.nano.org. The official website for Nano is nano.org/en. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView