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Massive Gains for Nano (NANO) following BrainBlocks Adoption

The crypto market exhibited major fluctuations last week. The market leader, Bitcoin, was initially falling by less than one percentage point but is now experiencing a marginal 0.13% gain. Nano (NANO) has been making significant leaps since the bearish consequence of the collective December 2017 high and is now up to $2.70, a significant 14.07% leap in the past 24 hours. The cryptocurrency, which expounds its instant and zero-fee transaction features, has achieved a market capitalization of $360 million. This sudden spike in its prices is attributed to the recent announcement of BrainBlocks.

Nano Price Chart

1 Day Price Chart of Nano (NANO)

BrainBlocks (previously called Raiblocks) recently announced the launch of its point-of-sale (PoS) system, which will enable tangible retail stores to accept Nano, its underlying cryptocurrency, to facilitate payments. The system set up by BrainBlocks is quite user-friendly, as explained by the company’s co-founder Ty Schenk via a blog post. He lays down three simple steps to set up the system, setting an address, picking a fiat currency and tapping into the PoS service. Mike Doyle, CEO of the Nano-backed KPI Gaming group, said that this feature is more than just an optimistic idea as it has already been used with a retailer.

Since the system is quite simple to use, without fees and with no issues, merchants in this space will slowly but surely gravitate towards this concept and integrate it with their businesses. Another factor for the coin’s sudden surge in price comes from the exchange Barinex. The crypto-to-fiat exchange recently announced that the cryptocurrency will be used to trade to the following fiat and crypto-currencies: USD, GBP, EUR, USDT, BTC, ETH, and LTC shortly. See also: Nano [NANO] can now be used to shop at over 200K online retailers See also: NANO crypto hunt in London: tokens worth ÂŁ5,000 up for grabs

Image via Shutterstock & chart from CoinMarketCap

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Coins

#
FAV
NAME
PRICE
Portfolio
1H
24H
7D
1
Bitcoin
Bitcoin
BTC
$ 10 291.04
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+0.25%
-1.27%
-2.66%
2
Ethereum
Ethereum
ETH
$ 216.07
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-0.12%
-2.34%
-5.87%
3
XRP
XRP
XRP
$ 0.318867
$ - - - - -
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-0.01%
-1.90%
+0.98%
4
Litecoin
Litecoin
LTC
$ 93.86
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( - - - - - )
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+0.91%
-3.86%
+3.83%
5
Bitcoin Cash
Bitcoin Cash
BCH
$ 309.41
$ - - - - -
( - - - - - )
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+0.28%
-1.99%
+0.89%
6
Binance Coin
Binance Coin
BNB
$ 30.05
$ - - - - -
( - - - - - )
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+0.59%
+0.74%
+6.47%
7
Tether
Tether
USDT
$ 0.999751
$ - - - - -
( - - - - - )
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+0.04%
-0.09%
-0.41%
8
EOS
EOS
EOS
$ 4.07
$ - - - - -
( - - - - - )
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+0.04%
-3.28%
-5.85%
9
Bitcoin SV
Bitcoin SV
BSV
$ 166.66
$ - - - - -
( - - - - - )
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+0.59%
-0.87%
+31.58%
10
TRON
TRON
TRX
$ 0.028622
$ - - - - -
( - - - - - )
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+1.05%
+3.72%
+13.39%
11
Stellar
Stellar
XLM
$ 0.087591
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+0.40%
-2.45%
+1.42%
12
Cardano
Cardano
ADA
$ 0.059191
$ - - - - -
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+0.43%
-1.42%
+0.27%
13
Monero
Monero
XMR
$ 81.95
$ - - - - -
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+0.43%
-2.35%
-1.33%
14
UNUS SED LEO
UNUS SED LEO
LEO
$ 1.30
$ - - - - -
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-0.04%
+1.38%
-8.61%
15
Dash
Dash
DASH
$ 114.02
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+0.66%
-2.22%
-7.34%
17
NEO
NEO
NEO
$ 12.02
$ - - - - -
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-0.89%
-4.99%
-0.58%
18
IOTA
IOTA
MIOTA
$ 0.298925
$ - - - - -
( - - - - - )
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-0.70%
-4.40%
-0.79%
19
Cosmos
Cosmos
ATOM
$ 3.96
$ - - - - -
( - - - - - )
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-0.71%
-3.43%
-0.55%
20
Tezos
Tezos
XTZ
$ 1.11
$ - - - - -
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-0.28%
+2.60%
+12.71%
21
Ethereum Classic
Ethereum Classic
ETC
$ 6.30
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+0.50%
+1.82%
+11.50%