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Nano

Nano priceXNO

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Quote currency:
USD
XNO
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USD
1 XNO = 1.49 USD
Last updated 2024-03-04 00:55:19(UTC-0)

Nano price live data summary

The live price of Nano is $1.49 per (XNO / USD) today with a current market cap of $198.19M USD. The 24-hour trading volume is $4.84M USD. XNO to USD price is updated in real time. Nano is -2.92% in the last 24 hours. It has a circulating supply of 133,248,296 .

What is the highest price of XNO?

XNO has an all-time high (ATH) of $37.62, recorded on 2018-01-02.

What is the lowest price of XNO?

XNO has an all-time low (ATL) of $0.006658, recorded on 2017-03-10.

When is a good time to buy XNO? Should I buy or sell now?

When deciding whether to buy or sell XNO, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget XNO technical analysis can provide you with a reference for trading.
According to the XNO 4h technical analysis, the trading signal is Strong buy.
According to the XNO 1d technical analysis, the trading signal is Strong buy.
According to the XNO 1w technical analysis, the trading signal is Strong buy.

Nano price performance in USD

24h7d30d90d1yAll-time
-2.92%+28.03%+32.38%+93.95%+74.29%+16301.05%

Nano price history in USD

TimeLowHigh
24h$1.41$1.54
7d$1.11$1.58
30d$1.07$1.58
90d$0.7579$1.58
1y$0.5568$1.58
All-time$0.006658(2017-03-10, 6 years ago )$37.62(2018-01-02, 6 years ago )

Nano market information

Market capCombinedShapeIcon
$198,190,572.53
-2.92%
Fully diluted market capCombinedShapeIcon
$198,190,572.53
-2.92%
Volume (24h)CombinedShapeIcon
$4,839,763.83
+8.32%
Market rankingsCombinedShapeIcon
Circulation rateCombinedShapeIcon
+99.00%
24h volume / market capCombinedShapeIcon
0.0244
Circulating supplyCombinedShapeIcon
133,248,296 XNO
Total supply / Max supplyCombinedShapeIcon
133,248,297 XNO
133,248,297 XNO
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Nano ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

Nano Social Data

In the last 24 hours, the social media sentiment score for Nano was 3, and the social media sentiment towards Nano price trend was Bullish. The overall Nano social media score was 0, which ranks 825 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,099,743 times, with Nano being mentioned with a frequency ratio of 0%, ranking 403 among all cryptocurrencies.

In the last 24 hours, there were a total of 0 unique users discussing Nano, with a total of Nano mentions of 28. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has increase by 56%.

On Twitter, there were a total of 0 tweets mentioning Nano in the last 24 hours. Among them, 0% are bullish on Nano, 0% are bearish on Nano, and 100% are neutral on Nano.

On Reddit, there were 0 posts mentioning Nano in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning Nano. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

All social overview

Average sentiment(24h)
3
Social score(24h)
0(#825)
Social contributors(24h)
0
0%
Social mentions(24h)
28(#403)
+56%
Social dominance(24h)
0%
Twitter
Tweets(24h)
0
0%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About Nano(XNO)

What Is Nano?

Nano is a digital currency known for its instant, feeless transactions and impressive scalability. Launched in October 2015, Nano, initially known as RaiBlocks, was created by Colin LeMahieu to address the limitations of traditional cryptocurrencies, such as high fees and slow transaction times. Nano operates on a unique block-lattice structure and employs Directed Acyclic Graph (DAG) technology, combined with a Proof of Stake (PoS) consensus mechanism, allowing it to offer fast, scalable, and secure transactions. It is highly energy-efficient and finds application in various use cases, including microtransactions, remittances, and merchant adoption, making it an attractive option for everyday transactions and potential widespread adoption.

Nano's initial distribution was unique, utilizing a CAPTCHA faucet system to ensure a fair and organic distribution of the currency, especially among emerging economies. This approach allowed users to earn Nano by completing CAPTCHA tests, enabling participation without the need for extensive computing resources, thus promoting inclusivity and accessibility.

Resources

Whitepaper: https://docs.nano.org/living-whitepaper/

Official Website: https://nano.org/

How Does Nano Work?

Nano’s innovative block-lattice structure allows each account to maintain its own blockchain, enabling parallel processing and eliminating the need for network-wide transaction confirmations. This architecture, coupled with DAG technology, facilitates instant transactions as each transaction only needs confirmation by the account holder. The absence of transaction fees and the ability for instantaneous transfers make Nano well-suited for applications where speed is crucial, such as point-of-sale transactions or real-time peer-to-peer transfers.

Nano’s network reaches consensus through a voting-based mechanism, where Nano holders delegate voting weight to elect network validators. Unlike other cryptocurrencies, these validators do not earn block rewards or transaction fees but contribute voluntarily to enjoy the benefits provided by a secure and fee-less network. This approach not only ensures the security and integrity of the network but also makes Nano highly efficient and environmentally friendly compared to traditional Proof of Work (PoW) cryptocurrencies.

What Is XNO Token?

The XNO token is the native currency of the Nano network, serving as a medium of exchange within the ecosystem. It facilitates transactions, allowing users to send and receive funds quickly and efficiently. XNO tokens are generated through a process called “block creation,” where representatives, elected by account holders based on their voting weight, validate and confirm transactions. The total supply of XNO is capped at 133,248,297, ensuring scarcity and value.

Nano's Impact on Finance

Nano stands out in the financial landscape due to its eco-friendly design, instant and feeless transactions, and scalability. It offers significant advantages over traditional payment methods and other cryptocurrencies, especially in cross-border transactions, by eliminating intermediaries and transaction fees. Nano’s energy-efficient design and reduced carbon footprint align with the growing global focus on sustainability, positioning it as a greener option in the cryptocurrency space.

Nano’s features like scalability and suitability for microtransactions open new possibilities for various industries, including gaming, content creation, and e-commerce, allowing frictionless monetization and promoting financial inclusion. The adoption of Nano by merchants can reduce costs, attract a tech-savvy customer base, and ensure smooth payment processing, even during peak periods, enhancing the overall user experience and contributing to its potential as a mainstream digital currency.

What Determines Nano's Price?

The price of Nano, like other cryptocurrencies, is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. One of the primary determinants of Nano's price is its supply and demand in the market. With a capped supply of 133,248,297 XNO tokens, scarcity can play a significant role in price movements. The demand, on the other hand, is driven by Nano's unique features such as instant, feeless transactions, and energy-efficient design, which attract cryptocurrency enthusiasts and investors looking for innovative and sustainable options in the crypto space. Market sentiment, often swayed by cryptocurrency news, trends, and events, also plays a crucial role, with positive developments and endorsements by cryptocurrency experts and influencers potentially leading to price surges.

Cryptocurrency analysis and charts are essential tools for those looking to understand price predictions and trends for Nano in 2023 and beyond. The cryptocurrency price is also significantly impacted by its adoption rate, with increased acceptance and utilization by merchants and users potentially leading to higher valuations. Cryptocurrency regulation can also influence Nano's price, with favorable legal frameworks potentially fostering growth and adverse regulations posing risks. For those wondering where to buy cryptocurrency like Nano, it can be acquired on leading exchanges such as Bitget, where users can analyze cryptocurrency market conditions, employ cryptocurrency trading strategies, and manage their crypto portfolio efficiently.

Investors and cryptocurrency enthusiasts seeking the best crypto investment for 2023 should consider the inherent risks and volatility in the cryptocurrency market. It is crucial to stay informed about cryptocurrency security, be wary of cryptocurrency scams, and consult cryptocurrency experts before making investment decisions. Nano, with its innovative and eco-friendly features, holds promise, but like all investments in the crypto space, it requires diligent research, analysis, and risk management.

Trade XNO perpetual futures

After having successfully signed up on Bitget and purchased USDT or XNO tokens, you can start trading derivatives, including XNO futures and margin trading to increase your income.

The current price of XNO is $1.49, with a 24h price change of -2.92%. Traders can profit by either going long or short onXNO futures.

Join XNO copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or XNO tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of Nano.

What is the current price of Nano?

We update our Nano to USD price in real time. Get the live Price of Nano on Bitget.

What is the 24 hour trading volume of Nano?

Over the last 24 hours, the trading volume of Nano is $4.84M.

What is the all-time high of Nano?

The all-time high of Nano is $37.62. This all-time high is highest price for Nano since it was launched.

Can I buy Nano on Bitget?

Yes, Nano is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Nano?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Nano with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

Is Nano a good investment?

Nano exhibits several characteristics that some investors might find appealing. It offers a decentralized, peer-to-peer system for transactions and addresses some of the limitations of Bitcoin, such as high transaction fees and long confirmation times, by providing fast and cost-effective transactions. Nano’s unique block-lattice data structure and decentralized voting system are designed to enhance the network’s efficiency and decentralization. However, it's essential to consider that while this information highlights some of the positive aspects of Nano, making an investment decision should involve a comprehensive analysis of various factors including, but not limited to, market trends, competition, regulatory environment, technology developments, team and community support, as well as the overall sentiment and risk tolerance of the investor. Furthermore, while transaction fees on the Nano network are mentioned to be free, investors should be aware of the broader cryptocurrency market, which is known for its volatility and unpredictability. Thus, any potential investor should conduct thorough research, consider a diversified investment strategy, and possibly seek advice from financial advisors before making an investment decision.

What factors influence Nano token price?

Several factors can influence the price of the Nano token (NANO) in the market. Here are some of the key factors: Supply and Demand: Like any other asset, the price of NANO is heavily influenced by supply and demand dynamics. If more people want to buy NANO (demand) than sell it (supply), then the price moves up. Conversely, if more people want to sell NANO than buy it, the price moves down. Market Sentiment: The overall mood of investors towards the cryptocurrency market and Nano, in particular, can significantly affect its price. Positive news or developments related to Nano can lead to increased demand, while negative news can decrease demand. Technology Developments and Updates: Any upgrades or developments in the Nano network that enhance its features or usability can have a positive impact on its price. On the other hand, technical issues or vulnerabilities could negatively affect it. Regulatory News and Events: Changes in regulatory environments in different countries can impact the price of cryptocurrencies, including Nano. Regulatory approval can boost confidence, while regulatory crackdowns or uncertainties can lead to declines in price.

What is Nano use case?

Nano, utilizing its distinctive block-lattice data structure and Open Representative Voting system, sets itself apart from platforms that employ traditional, more energy-intensive protocols such as Proof of Work. The block-lattice architecture is pivotal to Nano's groundbreaking technology, enabling the network to divide the ledger into multiple smaller chains. Each user possesses their individual blockchain that updates instantly with every transaction, eliminating the need for users to await network-wide synchronization and thereby ensuring instantaneous transactions. The Open Representative Voting system of Nano is a nuanced variant of the commonly used Proof of Stake protocol, which predominantly depends on stakers to fortify the network and authenticate transactions. In the Nano ecosystem, holders of the native NANO token, along with account users, have the privilege to cast votes for representatives, who serve as validators on the network. These validators play a crucial role in confirming blocks and verifying transactions, which contributes to maintaining the network’s security and stability. This consensus approach renders Nano as an eco-friendly, expedient, and cost-effective solution. Furthermore, Nano facilitates a diverse range of payment integrations. Users are granted access to the Command Line and have the capability to run a node, providing them with a plethora of tools to craft bespoke payment solutions. This amalgamation of features not only underscores Nano’s innovation but also enhances its appeal for those seeking instant, secure, and environmentally conscious transaction options in the realm of digital currencies.

What is the history of Nano?

Launched originally as RaiBlocks (XRB) in 2014, Nano made its debut through a public offering, allowing users to acquire XRB coins by solving Captcha challenges. Users had the liberty to undertake as many challenges as they desired, earning XRB coins for their efforts. In 2018, the project underwent a rebranding, emerging as Nano, a peer-to-peer payment system designed to facilitate swift transactions and payment integrations using its native cryptocurrency, NANO. The brainchild of Colin LeMahieu, the CEO and founder of the Nano Foundation, Nano was conceived with a vision to streamline transactions. LeMahieu, a UK-based software engineer, has been instrumental in steering the project's trajectory. Nano's core philosophy revolves around enabling seamless and rapid transactions in an economical manner, all within the confines of a decentralized framework. The exceptional functionality and transaction speed of the Nano network hold the potential to catapult NANO into mainstream adoption, thereby establishing it as a pivotal player in the digital currency landscape. By optimizing transaction efficiency and fostering a decentralized ecosystem, Nano continues to carve a niche for itself in the ever-evolving world of cryptocurrencies.

What makes Nano unique?

One of the standout features setting Nano apart is its remarkable transaction speed and instantaneous finality. Distinctly, Nano outshines a majority of its peers in the cryptocurrency market by validating and completing almost every transaction in under a second. This is in stark contrast to several renowned networks and P2P payment systems that can take a range of a few seconds to minutes to process transactions. Nano’s ability to integrate payments, coupled with its instant finality, positions it as an ideal solution for merchants globally. Through Nano integrations, vendors can experience seamless receipt of payments, thereby eliminating any delays. This immediate finality not only streamlines transactions but also enhances the likelihood of NANO emerging as a popularly adopted cryptocurrency for payments. Additionally, what adds to Nano's uniqueness is its zero-transaction fee policy. The absence of transaction fees is attributed to the fact that the representatives, elected by the users, do not receive any remuneration for their contributions to the network. This characteristic of Nano makes it an exemplary option for micropayments, further reinforcing its appeal and utility in the cryptocurrency space.

What gives Nano value?

Nano derives its worth from its advanced technology, technical capacity, and practical utility. These attributes play a pivotal role in establishing the intrinsic value of Nano, which is crucial for its adoption and integration into mainstream use. The market price of NANO, however, is susceptible to the inherent volatility observed in the cryptocurrency market, and it experiences fluctuations influenced by a myriad of factors. It is noteworthy that the intrinsic value of Nano often does not align with the market value of NANO, experiencing significant variations in a short span. Nonetheless, both intrinsic and market values are intricately linked to the rate of adoption and the number of active users or traders. The fluctuating nature of NANO’s market value underscores the importance of closely monitoring its performance, adoption rate, and user engagement to make informed investment decisions.
Cryptocurrency investments, including buying Nano online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Nano, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Nano purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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