Nano Price Hits $1.27 (XNO)

Nano (XNO) traded up 2.8% against the dollar during the 24 hour period ending at 23:00 PM ET on May 5th. In the last seven days, Nano has traded 5.5% higher against the dollar. One Nano coin can currently be bought for about $1.27 or 0.00001986 BTC on cryptocurrency exchanges. Nano has a total market cap of $169.05 million and $2.66 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $63,855.15 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 3% against the dollar and now trades at $0.16 or 0.00000254 BTC.
• Bitcoin Cash (BCH) traded 1.4% higher against the dollar and now trades at $465.68 or 0.00729043 BTC.
• Litecoin (LTC) traded 0.2% lower against the dollar and now trades at $80.82 or 0.00126530 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $5.85 or 0.00009156 BTC.
• Ethereum Classic (ETC) traded up 3.9% against the dollar and now trades at $27.61 or 0.00043218 BTC.
• Arweave (AR) traded up 11.5% against the dollar and now trades at $40.12 or 0.00062807 BTC.
• Monero (XMR) traded 7.2% higher against the dollar and now trades at $132.89 or 0.00208052 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $64.45 or 0.00100898 BTC.
• eCash (XEC) traded 1.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nano Profile

Nano (XNO) 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. The official message board for Nano 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.

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 buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first buy 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 buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView