Nano Market Capitalization Tops $169.48 Million (XNO)

Nano (XNO) traded 1% higher against the U.S. dollar during the one day period ending at 21:00 PM E.T. on April 23rd. During the last seven days, Nano has traded up 24.7% against the U.S. dollar. Nano has a total market capitalization of $169.48 million and $3.14 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for about $1.27 or 0.00001907 BTC on exchanges.

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

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $66,707.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000242 BTC.
• Bitcoin Cash (BCH) traded 2.3% lower against the dollar and now trades at $509.02 or 0.00763060 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $85.96 or 0.00128863 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.76 or 0.00008639 BTC.
• Ethereum Classic (ETC) traded 0.5% lower against the dollar and now trades at $28.31 or 0.00042444 BTC.
• Monero (XMR) traded down 0.1% against the dollar and now trades at $121.67 or 0.00182395 BTC.
• Arweave (AR) traded down 4.6% against the dollar and now trades at $34.08 or 0.00051090 BTC.
• Bitcoin SV (BSV) traded 1.5% lower against the dollar and now trades at $71.60 or 0.00107329 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Coin Profile

Nano (XNO) 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. Nano’s official message board is blog.nano.org. 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.

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 purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView