Nano (XNO) Price Down 14.3% Over Last 7 Days

Nano (XNO) traded up 9.1% against the US dollar during the one day period ending at 12:00 PM E.T. on December 24th. One Nano coin can now be bought for $1.53 or 0.00001544 BTC on major exchanges. Nano has a market cap of $203.57 million and $2.80 million worth of Nano was traded on exchanges in the last 24 hours. During the last week, Nano has traded 14.3% lower against the US dollar.

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

• Bitcoin (BTC) traded 5.6% higher against the dollar and now trades at $98,935.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.5% higher against the dollar and now trades at $0.33 or 0.00000338 BTC.
• Bitcoin Cash (BCH) traded 6.9% higher against the dollar and now trades at $474.90 or 0.00480008 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $9.49 or 0.00009594 BTC.
• Litecoin (LTC) traded up 7.1% against the dollar and now trades at $109.42 or 0.00110599 BTC.
• Ethereum Classic (ETC) traded 6.2% higher against the dollar and now trades at $28.19 or 0.00028498 BTC.
• Monero (XMR) traded 0.4% higher against the dollar and now trades at $192.24 or 0.00194313 BTC.
• IOTA (MIOTA) traded 12.6% higher against the dollar and now trades at $0.34 or 0.00000346 BTC.
• Arweave (AR) traded up 8.1% against the dollar and now trades at $17.76 or 0.00017953 BTC.
• Bitcoin SV (BSV) traded up 5.8% against the dollar and now trades at $57.20 or 0.00057815 BTC.

Nano Profile

Nano 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. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. 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.

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

XNO/USD price chart by TradingView