Nano Hits Market Capitalization of $123.33 Million (XNO)

Nano (XNO) traded down 1.2% against the US dollar during the one day period ending at 8:00 AM E.T. on July 2nd. One Nano coin can now be purchased for $0.93 or 0.00001476 BTC on popular cryptocurrency exchanges. During the last week, Nano has traded up 1.5% against the US dollar. Nano has a total market cap of $123.33 million and $1.99 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $62,695.41 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.7% against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $386.52 or 0.00616512 BTC.
• Litecoin (LTC) traded 0.6% higher against the dollar and now trades at $75.21 or 0.00119958 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.77 or 0.00009211 BTC.
• Ethereum Classic (ETC) traded down 2.2% against the dollar and now trades at $23.21 or 0.00037020 BTC.
• Monero (XMR) traded down 0.6% against the dollar and now trades at $168.86 or 0.00269329 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $28.29 or 0.00045121 BTC.
• Bitcoin SV (BSV) traded 0% higher against the dollar and now trades at $44.54 or 0.00071049 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano (CRYPTO:XNO) 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 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. Nano’s official website is nano.org/en. Nano’s official message board 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 U.S. dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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