Nano (XNO) Market Cap Reaches $144.89 Million

Nano (XNO) traded up 0.3% against the US dollar during the one day period ending at 14:00 PM ET on February 6th. One Nano coin can now be bought for about $1.09 or 0.00002517 BTC on popular exchanges. During the last seven days, Nano has traded down 6.5% against the US dollar. Nano has a total market capitalization of $144.89 million and $1.29 million worth of Nano was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $43,219.70 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.3% higher against the dollar and now trades at $0.0791 or 0.00000183 BTC.
  • Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $68.27 or 0.00158017 BTC.
  • Bitcoin Cash (BCH) traded up 0.4% against the dollar and now trades at $236.07 or 0.00546414 BTC.
  • UNUS SED LEO (LEO) traded 0.5% higher against the dollar and now trades at $4.05 or 0.00009380 BTC.
  • Ethereum Classic (ETC) traded 1.9% higher against the dollar and now trades at $24.82 or 0.00057441 BTC.
  • Monero (XMR) traded down 38.6% against the dollar and now trades at $101.65 or 0.00235290 BTC.
  • Bitcoin SV (BSV) traded up 1.3% against the dollar and now trades at $72.31 or 0.00167367 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • IOTA (MIOTA) traded up 4.2% against the dollar and now trades at $0.25 or 0.00000585 BTC.

About Nano

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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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.

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 purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the aforementioned exchanges.

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