Nano Market Capitalization Achieves $158.95 Million (XNO)

Nano (XNO) traded up 5.8% against the U.S. dollar during the one day period ending at 0:00 AM ET on May 3rd. Nano has a total market cap of $158.95 million and $3.87 million worth of Nano was traded on exchanges in the last day. During the last week, Nano has traded up 4.4% against the U.S. dollar. One Nano coin can now be purchased for approximately $1.19 or 0.00001901 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 5% against the dollar and now trades at $62,749.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 11.2% higher against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 6% higher against the dollar and now trades at $464.30 or 0.00739922 BTC.
• Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $81.99 or 0.00130660 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.84 or 0.00009300 BTC.
• Ethereum Classic (ETC) traded up 3.3% against the dollar and now trades at $26.94 or 0.00042936 BTC.
• Arweave (AR) traded up 3.9% against the dollar and now trades at $35.29 or 0.00056234 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $123.43 or 0.00196701 BTC.
• Bitcoin SV (BSV) traded up 8.6% against the dollar and now trades at $64.66 or 0.00103052 BTC.
• eCash (XEC) traded 7.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Nano

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 message board is blog.nano.org. The official website for Nano 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. 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 buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView