Nano (XNO) Market Capitalization Reaches $115.01 Million

Nano (XNO) traded up 2.4% against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on October 18th. One Nano coin can now be purchased for approximately $0.86 or 0.00001261 BTC on major exchanges. Over the last week, Nano has traded 2% higher against the dollar. Nano has a market capitalization of $115.01 million and $1.09 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $68,444.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.4% higher against the dollar and now trades at $0.14 or 0.00000201 BTC.
• Bitcoin Cash (BCH) traded 0.7% lower against the dollar and now trades at $367.01 or 0.00536215 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $6.05 or 0.00008837 BTC.
• Litecoin (LTC) traded up 0.5% against the dollar and now trades at $73.24 or 0.00107007 BTC.
• Monero (XMR) traded up 1.8% against the dollar and now trades at $160.37 or 0.00234301 BTC.
• Ethereum Classic (ETC) traded 1.7% higher against the dollar and now trades at $19.35 or 0.00028273 BTC.
• Arweave (AR) traded 3.4% higher against the dollar and now trades at $19.11 or 0.00027920 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $51.31 or 0.00074963 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano (CRYPTO:XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. 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. Nano’s official Twitter account is @nano and its Facebook page is accessible 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 acquire Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX 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