Nano Achieves Market Cap of $95.76 Million (XNO)

Nano (XNO) traded 1.7% higher against the dollar during the 24 hour period ending at 8:00 AM ET on January 24th. One Nano coin can currently be purchased for $0.72 or 0.00000803 BTC on exchanges. During the last seven days, Nano has traded down 4.6% against the dollar. Nano has a total market cap of $95.76 million and $737.42 thousand worth of Nano was traded on exchanges in the last day.

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

• Arweave (AR) traded 0.9% higher against the dollar and now trades at $3.57 or 0.00003987 BTC.
• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $89,515.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.4% against the dollar and now trades at $0.12 or 0.00000139 BTC.
• Bitcoin Cash (BCH) traded up 0.5% against the dollar and now trades at $597.62 or 0.00667621 BTC.
• Monero (XMR) traded 2% higher against the dollar and now trades at $521.06 or 0.00582086 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $8.98 or 0.00010029 BTC.
• Zcash (ZEC) traded 2.3% higher against the dollar and now trades at $372.11 or 0.00415689 BTC.
• Litecoin (LTC) traded up 0.1% against the dollar and now trades at $68.43 or 0.00076450 BTC.
• Ethereum Classic (ETC) traded down 0.2% against the dollar and now trades at $11.69 or 0.00013065 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

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 official message board for Nano is blog.nano.org. 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. 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.”

Nano Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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