Nano Reaches Market Cap of $150.30 Million (XNO)

Nano (XNO) traded 5.7% higher against the dollar during the 24-hour period ending at 13:00 PM ET on March 14th. Nano has a total market capitalization of $150.30 million and approximately $10.35 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for about $1.13 or 0.00001336 BTC on cryptocurrency exchanges. In the last seven days, Nano has traded 5.8% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Arweave (AR) traded 11.3% higher against the dollar and now trades at $6.56 or 0.00007777 BTC.
• Bitcoin (BTC) traded 5.7% higher against the dollar and now trades at $84,396.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.3% against the dollar and now trades at $0.17 or 0.00000204 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $9.80 or 0.00011612 BTC.
• Litecoin (LTC) traded 4.8% higher against the dollar and now trades at $91.96 or 0.00108956 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $329.43 or 0.00390339 BTC.
• Monero (XMR) traded 0.4% higher against the dollar and now trades at $207.07 or 0.00245355 BTC.
• Ethereum Classic (ETC) traded 3.1% higher against the dollar and now trades at $18.27 or 0.00021646 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 3.3% higher against the dollar and now trades at $34.46 or 0.00040832 BTC.

About 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. 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. The official message board for Nano is blog.nano.org. Nano’s official website is nano.org/en.

According to CryptoCompare, “Nano is designed to be a low latency, high throughput cryptocurrency. It builds on an analogy from the electrical engineering discipline by equating network consensus to arbiter circuits. This gives Nano an established and well-researched modeling basis for how the system comes to a distributed, egalitarian, and efficient conclusion. In the Nano system, each account in the system has a blockchain that is controlled only by them, all chains are replicated to all peers in the network, removing block intervals, mining, transaction fees.Nano has rebranded and changed the ticker to XNO, see the official announcement.“XNO” and trades under that name on all the exchanges where it has been listed.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView