Nano Reaches Market Cap of $108.27 Million (XNO)

Nano (XNO) traded 0.6% higher against the dollar during the 24 hour period ending at 7:00 AM E.T. on October 28th. One Nano coin can currently be purchased for $0.81 or 0.00001184 BTC on popular cryptocurrency exchanges. During the last week, Nano has traded 8.8% lower against the dollar. Nano has a market capitalization of $108.27 million and $1.19 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 2.3% higher against the dollar and now trades at $68,606.43 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.9% against the dollar and now trades at $0.15 or 0.00000212 BTC.
• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $351.90 or 0.00512928 BTC.
• UNUS SED LEO (LEO) traded 1% lower against the dollar and now trades at $6.05 or 0.00008821 BTC.
• Litecoin (LTC) traded 1.9% higher against the dollar and now trades at $70.71 or 0.00103060 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $162.83 or 0.00237335 BTC.
• Ethereum Classic (ETC) traded up 1.3% against the dollar and now trades at $18.37 or 0.00026782 BTC.
• Arweave (AR) traded 0.6% higher against the dollar and now trades at $15.90 or 0.00023182 BTC.
• Bitcoin SV (BSV) traded up 3.1% against the dollar and now trades at $46.81 or 0.00068235 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano 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. 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. 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 buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView