Nano (XNO) Hits Market Cap of $146.33 Million

Nano (XNO) traded 6.7% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on May 2nd. Nano has a total market capitalization of $146.33 million and $2.93 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be bought for approximately $1.10 or 0.00001861 BTC on popular exchanges. During the last week, Nano has traded down 7.3% against the dollar.

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

• Bitcoin (BTC) traded up 3.5% against the dollar and now trades at $59,004.89 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 9.7% against the dollar and now trades at $0.13 or 0.00000225 BTC.
• Bitcoin Cash (BCH) traded up 5.5% against the dollar and now trades at $427.13 or 0.00723892 BTC.
• Litecoin (LTC) traded 4.2% higher against the dollar and now trades at $80.39 or 0.00136240 BTC.
• UNUS SED LEO (LEO) traded 1.9% higher against the dollar and now trades at $5.92 or 0.00010039 BTC.
• Ethereum Classic (ETC) traded 4.3% higher against the dollar and now trades at $25.63 or 0.00043432 BTC.
• Monero (XMR) traded 3.1% higher against the dollar and now trades at $123.45 or 0.00209217 BTC.
• Arweave (AR) traded up 19.9% against the dollar and now trades at $32.13 or 0.00054460 BTC.
• Bitcoin SV (BSV) traded 4.7% higher against the dollar and now trades at $58.87 or 0.00099770 BTC.
• eCash (XEC) traded up 6.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nano Coin Profile

Nano 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. The official message board for Nano is blog.nano.org. 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 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 presently possible to buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView