Nano Market Cap Achieves $143.15 Million (XNO)

Nano (XNO) traded down 1.5% against the US dollar during the 1 day period ending at 13:00 PM ET on March 10th. During the last week, Nano has traded 9% lower against the US dollar. One Nano coin can now be purchased for approximately $1.07 or 0.00001363 BTC on cryptocurrency exchanges. Nano has a total market cap of $143.15 million and $7.16 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded down 9.9% against the dollar and now trades at $5.92 or 0.00007511 BTC.
• Bitcoin (BTC) traded down 4% against the dollar and now trades at $78,817.85 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.8% lower against the dollar and now trades at $0.16 or 0.00000206 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $9.67 or 0.00012264 BTC.
• Bitcoin Cash (BCH) traded 3.9% lower against the dollar and now trades at $348.71 or 0.00442429 BTC.
• Litecoin (LTC) traded 5.9% lower against the dollar and now trades at $91.06 or 0.00115536 BTC.
• Monero (XMR) traded 6.1% lower against the dollar and now trades at $202.30 or 0.00256671 BTC.
• Ethereum Classic (ETC) traded down 4.1% against the dollar and now trades at $17.67 or 0.00022420 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 1% lower against the dollar and now trades at $0.18 or 0.00000223 BTC.

Nano Profile

Nano (XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on 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. The official website for Nano 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.”

Nano Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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