Nano (XNO) Hits Market Cap of $122.81 Million

Nano (XNO) traded 2.7% higher against the dollar during the one day period ending at 20:00 PM E.T. on August 12th. During the last week, Nano has traded 20.2% higher against the dollar. One Nano coin can currently be bought for approximately $0.92 or 0.00001542 BTC on exchanges. Nano has a total market cap of $122.81 million and approximately $3.36 million worth of Nano was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 2% higher against the dollar and now trades at $59,745.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 7.2% against the dollar and now trades at $0.11 or 0.00000181 BTC.
• Bitcoin Cash (BCH) traded 7.2% higher against the dollar and now trades at $355.50 or 0.00594874 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.80 or 0.00009713 BTC.
• Litecoin (LTC) traded up 4% against the dollar and now trades at $61.97 or 0.00103701 BTC.
• Ethereum Classic (ETC) traded 4.3% higher against the dollar and now trades at $19.24 or 0.00032201 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $150.92 or 0.00252545 BTC.
• Arweave (AR) traded 6.2% higher against the dollar and now trades at $21.27 or 0.00035584 BTC.
• Bitcoin SV (BSV) traded up 9.1% against the dollar and now trades at $43.46 or 0.00072722 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 launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. The official message board for Nano is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first purchase 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 purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView