Nano (XNO) Reaches Market Cap of $164.92 Million

Nano (XNO) traded 1.3% lower against the US dollar during the 24-hour period ending at 15:00 PM E.T. on May 7th. One Nano coin can now be purchased for approximately $1.24 or 0.00001960 BTC on exchanges. Nano has a total market capitalization of $164.92 million and $3.87 million worth of Nano was traded on exchanges in the last 24 hours. Over the last week, Nano has traded up 12.8% against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $63,212.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.5% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded 0.4% higher against the dollar and now trades at $477.71 or 0.00756401 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $82.15 or 0.00130072 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $5.76 or 0.00009115 BTC.
• Ethereum Classic (ETC) traded 1.3% higher against the dollar and now trades at $27.70 or 0.00043865 BTC.
• Arweave (AR) traded down 4.8% against the dollar and now trades at $38.37 or 0.00060760 BTC.
• Monero (XMR) traded down 1.9% against the dollar and now trades at $129.00 or 0.00204262 BTC.
• Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $64.35 or 0.00101886 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Nano

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

Nano Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView