Nano
Last modified on 11. October 2020
Quick Facts
The user known as clemahieu launched Nano on 29 February 2016 via bitcointalk.org. coinmarketcap.com subsequently began the logging of real-time trading data in April 2017.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of Nano during the first trimester of 2019 equated to nearly US$ 2.6 m per day. Over the same time frame in 2018, this figure came to over US$ 53 m. The corresponding downward retracement of trading volume equated to 95.1 percent.
For the first trimester of 2019, the average market capitalization was over US$ 122 m. This figure came to over US$ 1.9 bn during the same time frame the year before. The corresponding drop down in market capitalization equated to 93.6 percent.
Trading Price
The average trading price during the first trimester of 2019 equated to nearly one. In the same period of 2018, this figure came to over US$ 15.9. The corresponding downward price retracement was 94.1 percent.
The all-time high of Nano in 2018
The price of the Nano currency climbed to a peak in January 2018 at over US$ 37.6. The equivalent market capitalization of the coin reached nearly US$ 4.5 billion. This put Nano in the ballpark of certain other digital currencies, such as EOS, TRON, Bitcoin Gold, Qtum and Ethereum Classic.
Nanos all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 251 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 876 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 102 billion.
- Nano (NANO): 4.5 bn US dollars
- Bitcoin (BTC): 251 bn US dollars
- Apple (AAPL): 876 bn US dollars
- VW (VWAGY): 102 bn US dollars
- Date: 2 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Nano stood at nearly US$ 0.91 with a market capitalization of nearly US$ 119 million. This is a retracement down to approximately 2.4 percent compared with the highest trading price described above.
Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.
More Details
The Nano-Coin is not created by mining. Its upper limit on coins is approximately 133 million. Those interested in the source code should also take a look at the GitHub page.
Current Nano transactions can be tracked using this block explorer, which also displays block height and other recently updated statistics.
To delve deeper into the world of Nano, download the white paper or find more links to community forums, source code and social media accounts, visit http://nano.org/en.
Markets
EUR
A large market for buying or selling Nano in EUR is Kraken. One Additional trading platform for buying or selling Nano in EUR is Bitvavo.
USD
Two large markets for buying or selling Nano in USD are Kraken and Binance. There are additional platforms where you can buy or sell Nano, including OKEx, Binance.US and ProBit Exchange, among others.
BTC
A large market for buying or selling Nano in BTC is Binance. Additional trading platforms for buying or selling Nano in BTC are Mercatox, CoinBene and HitBTC, among others.
Social Links
Take a look at the following social media channels to speak directly to the Nano team:
1. This figure changes to 0.0734 percent when taking Bitcoin out of the equation.