Nano (XNO) Reaches Market Cap of $121.05 Million

Nano (XNO) traded down 3.7% against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on July 2nd. In the last seven days, Nano has traded down 1.5% against the U.S. dollar. One Nano coin can currently be purchased for $0.91 or 0.00001465 BTC on popular cryptocurrency exchanges. Nano has a market capitalization of $121.05 million and $1.91 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $62,009.84 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% lower against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $382.46 or 0.00616702 BTC.
• Litecoin (LTC) traded 0.4% higher against the dollar and now trades at $75.18 or 0.00121229 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.80 or 0.00009346 BTC.
• Ethereum Classic (ETC) traded 1.5% lower against the dollar and now trades at $23.19 or 0.00037393 BTC.
• Monero (XMR) traded 0.9% lower against the dollar and now trades at $168.24 or 0.00271280 BTC.
• Arweave (AR) traded down 1.4% against the dollar and now trades at $28.24 or 0.00045540 BTC.
• Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $44.44 or 0.00071660 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano (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. 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. The official message board for Nano 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 currently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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