Nano (XNO) Market Cap Hits $118.95 Million

Nano (XNO) traded 0.7% lower against the dollar during the 24-hour period ending at 13:00 PM Eastern on August 15th. Nano has a total market cap of $118.95 million and approximately $1.86 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can now be purchased for approximately $0.89 or 0.00001500 BTC on exchanges. During the last seven days, Nano has traded up 4.5% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $59,527.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.1% higher against the dollar and now trades at $0.10 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded up 0.8% against the dollar and now trades at $343.20 or 0.00576552 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $5.86 or 0.00009839 BTC.
• Litecoin (LTC) traded up 4.9% against the dollar and now trades at $66.80 or 0.00112216 BTC.
• Ethereum Classic (ETC) traded 1% higher against the dollar and now trades at $18.98 or 0.00031889 BTC.
• Monero (XMR) traded 0.6% higher against the dollar and now trades at $150.08 or 0.00252112 BTC.
• Arweave (AR) traded up 4.6% against the dollar and now trades at $22.39 or 0.00037614 BTC.
• Bitcoin SV (BSV) traded up 1.8% against the dollar and now trades at $44.41 or 0.00074610 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. It launched on 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 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 possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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