Cryptocurrency market has been stable in recent weeks after following a negative trend in 2018.. While Bitcoin’s volatility is at its lowest levels in recent times, not all cryptocurrencies have a stagnant image like Bitcoin.
The most striking crypto money of recent weeks is undoubtedly Nano.. Attracting the attention of many investors with its strong momentum, Nano, or RaiBlocks, with its old name, increased by 300 percent in the last 13 days, rising from the 0.81 dollar band to 3.63 and then stabilizing at 3.41;
Nano has left behind a market volume of 450 million dollars with the momentum it has achieved, and has the highest market volume. It has become a crypto coin.
Factors Triggering Nano’s Success
So what are the features that distinguish Nano from other cryptocurrencies in the past weeks? It’s worth considering multiple improvements here.
The first development that triggered the rise of Nano was Nano’s proof of 765 transfers per second;
A big THANK YOU to everyone who participated in the beta network stress test. Users reported an average sustained TPS of 75 over 30 minutes with a reported peak of 756 blocks/second.
Want to find out more? Join the conversation at https://t.co/Vrn9hJW8Zr$Nano #v15isComing pic.twitter.com/YXyH8nIMlU— Nano (@nano) August 17, 2018
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After Nano’s speed show, Nano’s usage areas have expanded greatly with the adoption of Nano in BitcoinStore.. So much so that after this development, Nano became available in 20,000 stores;
Good morning! Looking for some $Nano news to start off your day?
Nano is now accepted at https://t.co/SqpRKHvyA3. Thanks @BitcoinSuperst1!
Also, our friend @NichoIas_Mertan stopped by the subreddit last night to give his thoughts on the project: https://t.co/iCdlPMsx2R
— Nano ( @nano) August 17, 2018
In addition, Andy Woolmer, one of the former executives of Citibank and CEO of London-based stock exchange New Change FX, announced that It is also mentioned that joining the team as a consultant had a significant impact on Nano’s entry into the radar of institutional investors. It is also worth remembering that Woolmer is the first consultant of Nano.
Superior Technology + Area of Use + Experience
To sum up, Nano, the shining star of the crypto money market, is mentioned in this article. As we mentioned, it has technological features that make it different and fast.. The success of Nano in the speed test is the first factor that triggers its price.. For this, the best way is to increase the usage areas.. That’s why Nano’s availability on the BitcoinStore paved the way for him.. Just as Bitcoin ETFs will pave the way for Bitcoin…
Finally, the fact that a former Citibank executive will advise Nano’s junior team seems to have increased the appetite of institutional investors in the crypto coin.
The success of Nano in recent weeks is also an important indicator that the trust in the crypto money market still continues.
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