Nano Market Cap Reaches $117.58 Million (XNO)

Nano (XNO) traded 0% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM ET on October 22nd. During the last seven days, Nano has traded 1.7% lower against the U.S. dollar. Nano has a market capitalization of $117.58 million and $1.06 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for $0.88 or 0.00001311 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $67,243.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.4% lower against the dollar and now trades at $0.14 or 0.00000206 BTC.
• Bitcoin Cash (BCH) traded down 2.7% against the dollar and now trades at $355.66 or 0.00528545 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.07 or 0.00009022 BTC.
• Litecoin (LTC) traded 2.5% lower against the dollar and now trades at $69.10 or 0.00102696 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $157.15 or 0.00233548 BTC.
• Ethereum Classic (ETC) traded down 2.8% against the dollar and now trades at $18.93 or 0.00028132 BTC.
• Arweave (AR) traded down 1.3% against the dollar and now trades at $18.37 or 0.00027300 BTC.
• Bitcoin SV (BSV) traded 2.7% lower against the dollar and now trades at $47.90 or 0.00071181 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About 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. Nano’s official message board is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official website is nano.org/en. 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 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 Gemini, GDAX or Changelly. 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