Nano (XNO) Market Cap Hits $160.71 Million

Nano (XNO) traded down 4% against the U.S. dollar during the one day period ending at 23:00 PM Eastern on May 7th. One Nano coin can now be bought for approximately $1.21 or 0.00001917 BTC on major exchanges. Over the last seven days, Nano has traded 7.4% higher against the U.S. dollar. Nano has a total market cap of $160.71 million and $3.82 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $62,927.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.8% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $469.27 or 0.00745724 BTC.
• Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $81.04 or 0.00128777 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.89 or 0.00009358 BTC.
• Ethereum Classic (ETC) traded 2.1% higher against the dollar and now trades at $27.57 or 0.00043809 BTC.
• Arweave (AR) traded 7.5% lower against the dollar and now trades at $37.95 or 0.00060302 BTC.
• Monero (XMR) traded down 1.4% against the dollar and now trades at $128.63 or 0.00204416 BTC.
• Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $63.57 or 0.00101014 BTC.
• eCash (XEC) traded 1.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

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

Buying and Selling Nano

It is usually not currently 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView