What is Nano?
“It’s Just the beginning” the slogan says it all. Nano is open source platform aim to bring efficient money into the real world, as it enables easy payments, easy integration. Network uses DAG & Delegated Proof of Stake mechanism i.e. combination of Proof of Work and Proof of Stake, but currently they don’t rely on the mining, minting, printing to be called as Sustainable digital currency.
Nano was founded in 2015 with name Rai Blocks by Colin LaMahieu, but after few years project renamed to Nano. Initially project was focusing on eliminating blockchain project such as Poor Scalability, High Latency and Power inefficient with using Novel Block-lattice architecture, where each blockchain will be having their own address to obtained higher transaction rate and unlimited scalability with compromising security. As they achieved milestone to complete 4.2 million transaction by just using ledger size of 1.7 GB.
Basically, Nano wanted to keeps things simple as they use basic protocol to eliminate high power hardware and allow it to create practical sole decentralized cryptocurrency for daily use. Each block in Bitcoin blockchain can store limited data means there is limitation on the TPS with higher transaction fees and previous average transaction approval time was around 164 minute and network was consuming around 27.28TWh power every year, so all this problem nano solved and also it platform nearly having zero transaction fees.
Nano Price Prediction
In the 2018 Nano’s bullish run help them to bring into chart of most discussed cryptocurrency in peak time of the market. as most of people familiar with this crypto because reportedly on February 2018 over $172+ million USD worth Nano coin was hacked in bitgrail attack. Nano still survive in this to remain constant in the top 100 crypto list, as currently Nano going through mix trend because the price fluctuation since beginning of 2019 is rapid with maintaining resistance level of price $0.82 USD. in 2020, Nano is already surpassing its previous best of 2020 achieved in February month with price $1.15 USD. the possible outcomes following neutral trend with current trading price will be around $1.25 USD and maximum it will reach $1.48 USD till end of this year.
Nano Price Prediction 2020
|Month & Year||Price Prediction in USD|
|August 2020||$1.16 USD|
|September 2020||$1.28 USD|
|October 2020||$1.45 USD|
|November 2020||$1.01 USD|
|December 2020||$1.23 USD|
Nano Price Prediction 2021 to 2030
|Quarter & Year||Price Prediction USD|
|January 2021||$1.21 USD|
|March 2021||$1.02 USD|
|June 2021||$0.98 USD|
|September 2021||$0.80 USD|
|December 2021||$1.23 USD|
|January 2025||$3.029 USD|
|March 2025||$2.90 USD|
|June 2025||$2.87 USD|
|September 2025||$3.11 USD|
|December 2025||$3.42 USD|
|January 2030||$6.89 USD|
|March 2030||$7.02 USD|
|June 2030||$7.45 USD|
|September 2030||$7.23 USD|
|December 2030||$7.34 USD|
|Based on||Hybrid of PoW & PoS|
|All-time high||$37.62 USD|
|Exchange Platform||OKEx, Binance, CoinBene, Digifinex, HitBTC, Kraken, DragonEx, Binance US, Huobi Global, ProBit Exchange, Coindeal, CoinEx, Kucoin, CoinDCX.|
Nano Crypto FAQ
Is Nano Future of Digital Payment?
Yes, with huge experience since 2014 this crypto is stands tall among all.
Can Nano Reach $10 USD?
Probably somewhere 2032 to 2033, or If bullish trend hit back then probably in 2 to 3 years from now.
How Much Nano Coin Worth in 2030?
Most expected price will be nearer to $6 to $7 USD.
Is Nano a Good Investment?
Yes, for short term will be good choice, as if you have look at price history chart then you clearly seeing steady price direct with rapid fluctuation.
The project hit by back to back problem including hack, security and listing on major platform, but they keep improving their network and trying to bring what they promise to their uses. Currently in the latest version of network of name Athena Node brings improvement in the performance along with that network also increased speed of communication speed nodes with support for increased work level. so with v21 updates many issues, PRs and commits will be solved and network will provide more scalability and security.