Nano (XNO) Market Cap Hits $161.10 Million

Nano (XNO) traded 12.9% higher against the U.S. dollar during the 24 hour period ending at 0:00 AM E.T. on April 20th. During the last seven days, Nano has traded 21% higher against the U.S. dollar. One Nano coin can currently be bought for $1.21 or 0.00001859 BTC on major cryptocurrency exchanges. Nano has a total market cap of $161.10 million and $5.60 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 1.8% against the dollar and now trades at $65,041.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.8% against the dollar and now trades at $0.16 or 0.00000250 BTC.
• Bitcoin Cash (BCH) traded up 7% against the dollar and now trades at $510.73 or 0.00785237 BTC.
• Litecoin (LTC) traded 3.2% higher against the dollar and now trades at $84.90 or 0.00130527 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $5.76 or 0.00008854 BTC.
• Ethereum Classic (ETC) traded 6.5% higher against the dollar and now trades at $27.98 or 0.00043026 BTC.
• Monero (XMR) traded up 4.6% against the dollar and now trades at $123.09 or 0.00189251 BTC.
• Arweave (AR) traded up 14.4% against the dollar and now trades at $32.19 or 0.00049488 BTC.
• Bitcoin SV (BSV) traded 7.1% higher against the dollar and now trades at $70.63 or 0.00108592 BTC.
• eCash (XEC) traded 8.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Profile

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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official message board for Nano is blog.nano.org. The official website for Nano 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView