Nano Price Up 30% Over Last 7 Days (XNO)

Nano (XNO) traded 4.1% higher against the US dollar during the one day period ending at 9:00 AM Eastern on April 24th. One Nano coin can currently be bought for $1.30 or 0.00001945 BTC on major exchanges. In the last week, Nano has traded up 30% against the US dollar. Nano has a market cap of $172.67 million and approximately $3.05 million worth of Nano was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $66,620.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.4% higher against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $505.63 or 0.00758954 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $86.62 or 0.00130017 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.77 or 0.00008657 BTC.
• Ethereum Classic (ETC) traded up 1% against the dollar and now trades at $28.16 or 0.00042261 BTC.
• Monero (XMR) traded 0.2% lower against the dollar and now trades at $121.76 or 0.00182760 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $33.52 or 0.00050319 BTC.
• Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $72.25 or 0.00108440 BTC.
• eCash (XEC) traded 1.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Profile

Nano 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 message board is blog.nano.org. The official website for Nano 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.

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

XNO/USD price chart by TradingView