Nano (XNO) Hits Market Cap of $255.12 Million

Nano (XNO) traded 0% lower against the dollar during the one day period ending at 12:00 PM ET on December 16th. Nano has a total market cap of $255.12 million and approximately $2.63 million worth of Nano was traded on exchanges in the last day. Over the last seven days, Nano has traded 4.8% lower against the dollar. One Nano coin can currently be bought for $1.91 or 0.00001787 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3.9% higher against the dollar and now trades at $107,132.74 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.3% against the dollar and now trades at $0.41 or 0.00000385 BTC.
• Bitcoin Cash (BCH) traded up 1.9% against the dollar and now trades at $549.00 or 0.00512448 BTC.
• Litecoin (LTC) traded 2.2% higher against the dollar and now trades at $122.10 or 0.00113968 BTC.
• UNUS SED LEO (LEO) traded up 2.7% against the dollar and now trades at $9.63 or 0.00008985 BTC.
• Ethereum Classic (ETC) traded up 2.5% against the dollar and now trades at $33.81 or 0.00031562 BTC.
• Monero (XMR) traded 2.2% lower against the dollar and now trades at $212.83 or 0.00198663 BTC.
• Arweave (AR) traded 0% higher against the dollar and now trades at $22.24 or 0.00020756 BTC.
• IOTA (MIOTA) traded up 0.7% against the dollar and now trades at $0.40 or 0.00000369 BTC.
• Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $67.17 or 0.00062694 BTC.

About 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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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. Nano’s official message board is blog.nano.org.

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 GDAX. 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