Nano Market Capitalization Tops $165.31 Million (XNO)

Nano (XNO) traded down 1% against the U.S. dollar during the 1-day period ending at 13:00 PM Eastern on March 6th. During the last week, Nano has traded 10.7% higher against the U.S. dollar. Nano has a total market capitalization of $165.31 million and $2.17 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be purchased for about $1.24 or 0.00001395 BTC on popular exchanges.

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

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $88,907.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.20 or 0.00000227 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $9.90 or 0.00011132 BTC.
• Litecoin (LTC) traded 0.5% lower against the dollar and now trades at $102.86 or 0.00115691 BTC.
• Bitcoin Cash (BCH) traded 0% lower against the dollar and now trades at $388.51 or 0.00436979 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $225.90 or 0.00254088 BTC.
• Ethereum Classic (ETC) traded 1.5% lower against the dollar and now trades at $19.98 or 0.00022475 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 3.1% lower against the dollar and now trades at $0.21 or 0.00000236 BTC.
• Bitcoin SV (BSV) traded 3.7% lower against the dollar and now trades at $35.79 or 0.00040256 BTC.

About Nano

Nano (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. Nano’s official website 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 presently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView