Nano (XNO) Reaches Market Cap of $117.59 Million

Nano (XNO) traded down 1% against the dollar during the 24-hour period ending at 0:00 AM ET on October 16th. One Nano coin can currently be bought for about $0.88 or 0.00001306 BTC on popular cryptocurrency exchanges. Nano has a total market cap of $117.59 million and $1.26 million worth of Nano was traded on exchanges in the last 24 hours. During the last week, Nano has traded up 3.3% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $67,550.87 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 7.3% against the dollar and now trades at $0.13 or 0.00000185 BTC.
• Bitcoin Cash (BCH) traded up 1% against the dollar and now trades at $365.65 or 0.00541323 BTC.
• UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $6.10 or 0.00009026 BTC.
• Litecoin (LTC) traded 1.2% lower against the dollar and now trades at $70.80 or 0.00104813 BTC.
• Monero (XMR) traded 2.5% higher against the dollar and now trades at $158.13 or 0.00234106 BTC.
• Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $19.51 or 0.00028884 BTC.
• Arweave (AR) traded 2.9% lower against the dollar and now trades at $19.16 or 0.00028365 BTC.
• Bitcoin SV (BSV) traded 1.7% lower against the dollar and now trades at $50.92 or 0.00075378 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About 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. 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 Twitter account is @nano and its Facebook page is accessible here. The official message board for Nano 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.”

Buying and Selling Nano

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, Gemini or Changelly. 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