Live Nano price today is $2.11 with a 24-hour trading volume of $181.6 million. Nano is up 23.77% in the last 24 hours.
What is Nano?
Nano is described by its developers as a lightweight cryptocurrency that enables secure, near-instant, and fee-free payments. It aims to address some of the biggest limitations of both modern cryptos and legacy financial infrastructure.
Nano is a peer-to-peer platform that allows users to easily perform transfers over a unique block lattice data structure. They do not rely on central middlemen.
Nano uses a system known as Open Representative Voting (ORV) unlike other platforms which tend to use the Proof-of-Work protocol which involves a massive mining network to reach consensus .
At ORV, account holders choose a representative who then works to securely confirm blocks of transactions.
The system makes Nano very energy efficient and establishes it as a greener alternative to Proof-of-Work (POW)-based cryptocurrencies.
Should I buy Nano today?
Nothing can replace your own research. Any investment decision you make should be based on your knowledge of the market, your risk appetite and the characteristics and diversification of your portfolio. Also consider how you would feel if you lost money.
Nano Price Prediction
Up to Brain are extremely bullish on Nano. They expect it to surpass an average price level of $11.15 in 2023. Nano is trading for an average of $15.89 in 2024.
In 2025, it is expected to average $23.09. The predicted reserve price is $22.46.
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