[Trade Recommendation] Nano with Immense Upside Potential
Nano is an infinitely scalable cryptocurrency with the instant transaction at zero fees. Former known as Raiblock, Nano enjoyed a 3000x run-up last year from under 1 cent to over 30 dollars. The hype and excitement are not undeserved as it already has an already operational mainnet that can support feeless and instantaneous transactions with up to 7000 TPS (due limitation in today’s hardware instead of protocol). Nano is able to accomplish this using the block-lattice architecture, where each account has its own blockchain (account-chain), equivalent to the account’s transaction/balance history. Each account-chain can only be updated by the account’s owner; this allows each account-chain to be updated immediately and asynchronously to the rest of the block-lattice, resulting in quick transactions.
Market Cap: $971 million
Current Price: $7.29
All time High: $34.32
With an already operational mainnet and active community, the team has been working on increasing the adoption of Nano as a payment solution, means of exchange, and trading pair. To this end, the development team is working on creating a mobile app to give users and payment providers an user-friendly way of transacting Nano. Due to Nano’s fast and free transactions, the coin is also used as the primary trading pair at the Nanex exchange. As the adoption and utility of Nano speeds up with the release of the mobile app so will the coins value.
|April 30th||Nano Air Drop|
|TBA||Mobile App Release|
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