Nano Market Cap Reaches $164.71 Million (XNO)

Nano (XNO) traded 3.8% higher against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on May 4th. In the last seven days, Nano has traded 6% higher against the U.S. dollar. Nano has a market cap of $164.71 million and approximately $3.42 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be purchased for about $1.24 or 0.00001934 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.4% higher against the dollar and now trades at $63,909.95 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 11.3% higher against the dollar and now trades at $0.16 or 0.00000253 BTC.
• Bitcoin Cash (BCH) traded 2.6% higher against the dollar and now trades at $465.61 or 0.00728535 BTC.
• Litecoin (LTC) traded up 0.2% against the dollar and now trades at $82.12 or 0.00128495 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $5.82 or 0.00009111 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $27.03 or 0.00042292 BTC.
• Arweave (AR) traded 1.7% higher against the dollar and now trades at $35.83 or 0.00056066 BTC.
• Monero (XMR) traded down 0.9% against the dollar and now trades at $124.88 or 0.00195404 BTC.
• Bitcoin SV (BSV) traded up 3.5% against the dollar and now trades at $65.42 or 0.00102368 BTC.
• eCash (XEC) traded up 4.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Coin Profile

Nano (CRYPTO: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. 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. 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 presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView