Nano (XNO) Reaches Market Cap of $113.58 Million

Nano (XNO) traded down 0.9% against the dollar during the one day period ending at 11:00 AM Eastern on September 5th. One Nano coin can now be bought for about $0.85 or 0.00001508 BTC on exchanges. Nano has a market cap of $113.58 million and approximately $1.67 million worth of Nano was traded on exchanges in the last day. In the last seven days, Nano has traded down 5.9% against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 3.6% against the dollar and now trades at $56,520.52 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.4% against the dollar and now trades at $0.0986 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded down 1.4% against the dollar and now trades at $308.59 or 0.00545972 BTC.
• UNUS SED LEO (LEO) traded down 2.2% against the dollar and now trades at $5.60 or 0.00009899 BTC.
• Litecoin (LTC) traded 0.1% lower against the dollar and now trades at $65.27 or 0.00115484 BTC.
• Monero (XMR) traded down 0.2% against the dollar and now trades at $172.44 or 0.00305094 BTC.
• Ethereum Classic (ETC) traded down 1.7% against the dollar and now trades at $17.72 or 0.00031355 BTC.
• Arweave (AR) traded up 1.7% against the dollar and now trades at $21.29 or 0.00037668 BTC.
• Bitcoin SV (BSV) traded up 3% against the dollar and now trades at $46.06 or 0.00081491 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano (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 website for Nano is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official message board for Nano 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.”

Nano Coin Trading

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, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView