Nano Market Cap Reaches $80.91 Million (XNO)

Nano (XNO) traded down 3.1% against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on February 5th. One Nano coin can now be purchased for approximately $0.61 or 0.00000862 BTC on exchanges. Over the last week, Nano has traded down 10.4% against the U.S. dollar. Nano has a market cap of $80.91 million and $908.01 thousand worth of Nano was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded 9% lower against the dollar and now trades at $2.31 or 0.00003275 BTC.
• Bitcoin (BTC) traded down 7.4% against the dollar and now trades at $70,409.74 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.7% lower against the dollar and now trades at $0.0990 or 0.00000141 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $513.81 or 0.00729739 BTC.
• UNUS SED LEO (LEO) traded 9% lower against the dollar and now trades at $8.04 or 0.00011412 BTC.
• Monero (XMR) traded down 9.9% against the dollar and now trades at $350.48 or 0.00497775 BTC.
• Litecoin (LTC) traded down 5.8% against the dollar and now trades at $56.61 or 0.00080399 BTC.
• Zcash (ZEC) traded down 13.8% against the dollar and now trades at $240.53 or 0.00341614 BTC.
• Ethereum Classic (ETC) traded 6.6% lower against the dollar and now trades at $9.00 or 0.00012779 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. Nano’s official website is nano.org/en. Nano’s official message board is blog.nano.org. 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.

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

XNO/USD price chart by TradingView