In a surprising turn of events, the term “nano” took the spotlight on social media platforms, surpassing words associated with Bitcoin spot ETFs in popularity, according to Santiment data from January 11 to January 12. Despite being the 271st ranked cryptocurrency with a market capitalization of $160.88 million, Nano ($XNO) exhibited resilience and notable social media traction. Currently trading at $1.21 per coin, Nano has experienced a commendable uptick of over 6% in the last 24 hours and an impressive 100% surge in the last 90 days. Despite its relatively lower market cap, Nano’s recent performance indicates potential responsiveness to
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Nano, a relatively obscure cryptocurrency, managed to catch the spotlight yesterday due to its singular transactional proposal. But, what is Nano really, and why did the token manage to skyrocket more than 60% in just a few hours? Nano and Its Fee-Free Approach Nano, a fairly unknown cryptocurrency for people not directly related to the […]
China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett […]
The scaling of different cryptocurrencies remains crucial. Nano, an often overlooked altcoin, is seemingly on the right track to achieve this goal. All of these discussions need to be taken with a grain of salt. Nano Nails Scaling Properly Altcoins often tend to scale better than bitcoin, yet it doesn’t necessarily help them gain traction. Even so, Nano seems to be achieving a respectable throughput these days. In recent days, the Nano network has seen an influx of transactions. This is not an actual stress test, but rather someone flooding the network. Why this action is undertaken, remains a mystery.