The Crypto coin Nano (NANO) had -3.61% drop on May 15-16

May 16, 2018 - By Nellie Frank

Nano (NANO) had a bad 24 hours as the crypto declined $-0.22002532 or -3.61% trading at $5.87993038. According to Cryptocoin Experts, Nano (NANO) eyes $6.467923418 target on the road to $12.1934947952371. XRB last traded at Binance exchange. It had high of $6.18451767 and low of $5.78715851 for May 15-16. The open was $6.0999557. About 10 XRB worth $71 traded hands.

Nano (NANO) is down -2.49% in the last 30 days from $6.03 per coin. Its down -34.16% in the last 100 days since when traded at $8.93 and the annual trend is up. 200 days ago XRB traded at $0.00 (non existent). XRB has 133.25M coins mined giving it $783.49M market cap. Nano maximum coins available are 340.28 million. XRB uses Blake2b algorithm and PoW proof type. It was started on 29/02/2016.

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 arbiters 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 block chain that is controlled only by them, all chains are replicated to all peers in the network, removing block intervals, mining, transaction fees.

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