Nano (XNO) Market Cap Hits $123.59 Million

Nano (XNO) traded up 1.6% against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on July 1st. In the last week, Nano has traded up 4.2% against the U.S. dollar. One Nano coin can currently be bought for approximately $0.93 or 0.00001470 BTC on major exchanges. Nano has a total market capitalization of $123.59 million and approximately $2.08 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 2.4% against the dollar and now trades at $63,091.71 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.1% higher against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Bitcoin Cash (BCH) traded 0.5% higher against the dollar and now trades at $388.37 or 0.00615567 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $74.75 or 0.00118479 BTC.
• UNUS SED LEO (LEO) traded down 1.9% against the dollar and now trades at $5.76 or 0.00009132 BTC.
• Ethereum Classic (ETC) traded 1.4% higher against the dollar and now trades at $23.62 or 0.00037437 BTC.
• Monero (XMR) traded up 0.6% against the dollar and now trades at $170.10 or 0.00269609 BTC.
• Arweave (AR) traded up 8.9% against the dollar and now trades at $29.52 or 0.00046796 BTC.
• Bitcoin SV (BSV) traded up 0.6% against the dollar and now trades at $44.53 or 0.00070578 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official website for Nano is nano.org/en. Nano’s official message board is blog.nano.org. 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.”

Nano Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView