Nano (XNO) Reaches Market Cap of $126.97 Million

Nano (XNO) traded 3.2% lower against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on February 6th. During the last week, Nano has traded 20.2% lower against the dollar. One Nano coin can currently be bought for about $0.95 or 0.00000984 BTC on exchanges. Nano has a market cap of $126.97 million and $1.62 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $96,798.27 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.3% lower against the dollar and now trades at $0.25 or 0.00000258 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.80 or 0.00010122 BTC.
• Litecoin (LTC) traded down 3.2% against the dollar and now trades at $101.55 or 0.00104904 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $318.68 or 0.00329193 BTC.
• Monero (XMR) traded 2.5% higher against the dollar and now trades at $227.66 or 0.00235170 BTC.
• Ethereum Classic (ETC) traded down 4.4% against the dollar and now trades at $19.82 or 0.00020472 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded down 5.8% against the dollar and now trades at $0.21 or 0.00000220 BTC.
• Bitcoin SV (BSV) traded 4.5% lower against the dollar and now trades at $38.85 or 0.00040130 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. Nano’s official message board is blog.nano.org. 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. Nano’s official website 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.”

Buying and Selling Nano

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

XNO/USD price chart by TradingView