Nano (XNO) Reaches Market Cap of $121.05 Million

Nano (XNO) traded 3.7% lower against the dollar during the twenty-four hour period ending at 15:00 PM E.T. on July 2nd. One Nano coin can now be purchased for about $0.91 or 0.00001465 BTC on popular exchanges. In the last seven days, Nano has traded 1.5% lower against the dollar. Nano has a total market cap of $121.05 million and $1.91 million worth of Nano was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $62,009.84 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% lower against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $382.46 or 0.00616702 BTC.
• Litecoin (LTC) traded 0.4% higher against the dollar and now trades at $75.18 or 0.00121229 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.80 or 0.00009346 BTC.
• Ethereum Classic (ETC) traded 1.5% lower against the dollar and now trades at $23.19 or 0.00037393 BTC.
• Monero (XMR) traded 0.9% lower against the dollar and now trades at $168.24 or 0.00271280 BTC.
• Arweave (AR) traded 1.4% lower against the dollar and now trades at $28.24 or 0.00045540 BTC.
• Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $44.44 or 0.00071660 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

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. Nano’s official website 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. 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 buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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