Nano (XNO) Hits Market Cap of $168.89 Million

Nano (XNO) traded down 9.6% against the US dollar during the 1-day period ending at 12:00 PM ET on December 20th. One Nano coin can now be purchased for $1.27 or 0.00001305 BTC on popular cryptocurrency exchanges. Over the last seven days, Nano has traded 31.5% lower against the US dollar. Nano has a total market capitalization of $168.89 million and $6.86 million worth of Nano was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1.4% lower against the dollar and now trades at $97,108.12 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 9% lower against the dollar and now trades at $0.31 or 0.00000321 BTC.
• Bitcoin Cash (BCH) traded 5.4% lower against the dollar and now trades at $439.37 or 0.00452454 BTC.
• UNUS SED LEO (LEO) traded 2.9% higher against the dollar and now trades at $9.30 or 0.00009576 BTC.
• Litecoin (LTC) traded down 6.8% against the dollar and now trades at $97.52 or 0.00100426 BTC.
• Ethereum Classic (ETC) traded 5.5% lower against the dollar and now trades at $26.58 or 0.00027371 BTC.
• Monero (XMR) traded down 9.1% against the dollar and now trades at $187.51 or 0.00193089 BTC.
• Arweave (AR) traded 4.4% lower against the dollar and now trades at $16.82 or 0.00017317 BTC.
• IOTA (MIOTA) traded 5.1% lower against the dollar and now trades at $0.30 or 0.00000307 BTC.
• Bitcoin SV (BSV) traded down 3.2% against the dollar and now trades at $53.50 or 0.00055094 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. Nano’s official website 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.

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

XNO/USD price chart by TradingView