Nano Achieves Market Capitalization of $113.96 Million (XNO)

Nano (XNO) traded 1.5% higher against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on October 24th. One Nano coin can currently be bought for about $0.86 or 0.00001256 BTC on cryptocurrency exchanges. Nano has a total market capitalization of $113.96 million and approximately $1.23 million worth of Nano was traded on exchanges in the last day. During the last week, Nano has traded 1.3% higher against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 2.8% higher against the dollar and now trades at $68,113.95 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.2% against the dollar and now trades at $0.14 or 0.00000208 BTC.
• Bitcoin Cash (BCH) traded up 4.5% against the dollar and now trades at $363.86 or 0.00534193 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $6.12 or 0.00008981 BTC.
• Litecoin (LTC) traded 2% higher against the dollar and now trades at $71.01 or 0.00104250 BTC.
• Monero (XMR) traded 0.2% higher against the dollar and now trades at $156.12 or 0.00229199 BTC.
• Ethereum Classic (ETC) traded 1.7% higher against the dollar and now trades at $18.86 or 0.00027688 BTC.
• Arweave (AR) traded up 2.5% against the dollar and now trades at $18.24 or 0.00026779 BTC.
• Bitcoin SV (BSV) traded 3.9% higher against the dollar and now trades at $48.31 or 0.00070925 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano 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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official website is nano.org/en. The official message board for Nano is blog.nano.org.

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

XNO/USD price chart by TradingView