While the majority of the cryptocurrency enthusiasts concentrated only on how Bitcoin (BTC), the leading crypto in the market, is holding up against the US Dollar, Nano (NANO) is making the game as a top performer in the cryptocurrencies market. Yesterday, EWN announced how the coin managed to gain more than 10%, while today NANO skyrocketed by 24% in the last 24 hours. Reported to the US Dollar, Nano (NANO) boosted by 110.00% in the previous seven days, reaching close to the $3.50 mark.
It is the second time that Nano (formerly known as RaiBlocks) is surpassing fat the other cryptocurrencies with larger market capitalization, regarding gains. After the announcement of its Mobile Wallet designed for smartphones, just one month ago, it ranked 40th largest cryptocurrency by market capitalization.
At the moment of this writing, Nano (NANO) trades at $3.36 after gaining about 19% in the last 24 hours. With a market cap of $447,705,973, NANO ranks the 23rd in the cryptocurrencies market.
Nano (NANO) latest developments helped NANO surge by over 100% in the last seven days
NANO’s long-awaited mobile wallet release was unveiled on June 22nd by the NANO team. First released on Android, then on iOS, the NANO mobile wallet rolled out a few days after the initial announcement was made. Besides the mobile version, the NANO foundation released the open source downloads for Windows, MAC, and Linux, complimenting the community for assisting in the development of the wallet dating from last year.
Before the announcement of the mobile wallet, the NANO team had previously reported that the famous Ledger Nano S hardware wallet was featuring the Nano (NANO) digital asset as of June 11th.
All these Nano (NANO) latest developments helped NANO surge by over 100% in the last seven days, reaching close to $3.50 mark. However, at the moment of this article, NANO is trading at $3.36 after gaining about 19% in the last 24 hours.
Ian Kennedy is the newest contributor to Crypto Daily Gazette. He enjoys running, practicing minimalism and cooking. Ian is a graduate of Wesleyan University in Connecticut where he studied journalism, Arabic and international affairs. Ian mostly covers stories concerning emerging blockchain technology.