Nano Trading 7.5% Lower Over Last Week (XNO)

Nano (XNO) traded 2.4% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on December 7th. One Nano coin can currently be purchased for $0.79 or 0.00000882 BTC on exchanges. Nano has a total market cap of $105.01 million and $632.85 thousand worth of Nano was traded on exchanges in the last day. During the last seven days, Nano has traded down 7.5% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• Arweave (AR) traded 1.9% lower against the dollar and now trades at $3.93 or 0.00004398 BTC.
• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $89,304.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.14 or 0.00000156 BTC.
• Bitcoin Cash (BCH) traded down 2.2% against the dollar and now trades at $578.33 or 0.00647595 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $9.63 or 0.00010783 BTC.
• Monero (XMR) traded down 3.4% against the dollar and now trades at $378.68 or 0.00424030 BTC.
• Litecoin (LTC) traded 1% higher against the dollar and now trades at $81.94 or 0.00091758 BTC.
• Zcash (ZEC) traded 1.6% higher against the dollar and now trades at $345.95 or 0.00387385 BTC.
• Ethereum Classic (ETC) traded down 1.1% against the dollar and now trades at $13.13 or 0.00014701 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano (CRYPTO:XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was 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 message board is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official website for Nano 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 currently 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 exchanges listed above.

XNO/USD price chart by TradingView