Nano (XNO) Market Cap Reaches $99.60 Million

Nano (XNO) traded 5% lower against the US dollar during the 24 hour period ending at 12:00 PM E.T. on August 4th. Nano has a market capitalization of $99.60 million and $2.06 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be bought for $0.75 or 0.00001267 BTC on major exchanges. During the last seven days, Nano has traded 21.3% lower against the US dollar.

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

• Bitcoin (BTC) traded down 2.9% against the dollar and now trades at $58,991.54 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 6.7% against the dollar and now trades at $0.10 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded down 4.6% against the dollar and now trades at $350.66 or 0.00594419 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.66 or 0.00009594 BTC.
• Litecoin (LTC) traded down 2.7% against the dollar and now trades at $62.98 or 0.00106765 BTC.
• Ethereum Classic (ETC) traded 5.2% lower against the dollar and now trades at $18.96 or 0.00032146 BTC.
• Monero (XMR) traded down 4.8% against the dollar and now trades at $150.66 or 0.00255396 BTC.
• Arweave (AR) traded down 7.8% against the dollar and now trades at $21.36 or 0.00036217 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 5.9% against the dollar and now trades at $40.63 or 0.00068874 BTC.

Nano Coin Profile

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 message board is blog.nano.org. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official website is nano.org/en. 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.”

Buying and Selling Nano

It is usually not presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView