Nano Market Cap Reaches $119.97 Million (XNO)

Nano (XNO) traded 2.3% higher against the dollar during the 1-day period ending at 22:00 PM E.T. on June 20th. One Nano coin can currently be purchased for $0.90 or 0.00001388 BTC on cryptocurrency exchanges. Nano has a total market cap of $119.97 million and $2.62 million worth of Nano was traded on exchanges in the last day. Over the last seven days, Nano has traded down 16.1% against the dollar.

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

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $64,875.24 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.6% against the dollar and now trades at $0.12 or 0.00000192 BTC.
• Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $390.35 or 0.00601690 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $74.26 or 0.00114464 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $5.77 or 0.00008888 BTC.
• Ethereum Classic (ETC) traded 0.3% lower against the dollar and now trades at $23.95 or 0.00036923 BTC.
• Monero (XMR) traded 1.6% higher against the dollar and now trades at $171.84 or 0.00264874 BTC.
• Arweave (AR) traded 4.3% lower against the dollar and now trades at $25.71 or 0.00039637 BTC.
• Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $44.38 or 0.00068412 BTC.
• NyanCoin (NYAN) traded down 2.2% 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. It launched 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 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.

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 possible to buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView