Nano (XNO) Price Down 19.6% Over Last Week

Nano (XNO) traded 2.9% lower against the US dollar during the 24-hour period ending at 12:00 PM Eastern on August 3rd. Over the last seven days, Nano has traded 19.6% lower against the US dollar. Nano has a total market cap of $104.11 million and approximately $1.90 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be bought for $0.78 or 0.00001277 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 3.7% against the dollar and now trades at $61,185.36 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1% against the dollar and now trades at $0.11 or 0.00000182 BTC.
• Bitcoin Cash (BCH) traded down 7.1% against the dollar and now trades at $368.63 or 0.00602481 BTC.
• UNUS SED LEO (LEO) traded down 2.7% against the dollar and now trades at $5.71 or 0.00009333 BTC.
• Litecoin (LTC) traded down 0% against the dollar and now trades at $65.16 or 0.00106504 BTC.
• Ethereum Classic (ETC) traded down 1.3% against the dollar and now trades at $20.05 or 0.00032762 BTC.
• Monero (XMR) traded 2.5% lower against the dollar and now trades at $158.69 or 0.00259352 BTC.
• Arweave (AR) traded 4.5% lower against the dollar and now trades at $23.58 or 0.00038539 BTC.
• Bitcoin SV (BSV) traded 4.1% lower against the dollar and now trades at $43.20 or 0.00070605 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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. Its genesis date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official message board for Nano is blog.nano.org. Nano’s official website is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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 currently possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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