Nano Price Down 9.4% This Week (XNO)

Nano (XNO) traded 5.6% lower against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on April 30th. Over the last seven days, Nano has traded down 9.4% against the U.S. dollar. Nano has a total market cap of $152.47 million and approximately $3.79 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for about $1.14 or 0.00001902 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 6% against the dollar and now trades at $60,168.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 8.9% lower against the dollar and now trades at $0.13 or 0.00000219 BTC.
• Bitcoin Cash (BCH) traded down 7.8% against the dollar and now trades at $429.94 or 0.00714567 BTC.
• Litecoin (LTC) traded 5.7% lower against the dollar and now trades at $79.20 or 0.00131624 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.85 or 0.00009719 BTC.
• Ethereum Classic (ETC) traded down 9.3% against the dollar and now trades at $25.18 or 0.00041844 BTC.
• Monero (XMR) traded 8.1% lower against the dollar and now trades at $119.37 or 0.00198392 BTC.
• Arweave (AR) traded 16.5% lower against the dollar and now trades at $29.86 or 0.00049622 BTC.
• Bitcoin SV (BSV) traded 8.5% lower against the dollar and now trades at $59.86 or 0.00099490 BTC.
• eCash (XEC) traded down 8.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nano Coin Profile

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. Nano’s official website is nano.org/en. Nano’s official message board 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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView