Update: Nano will not be included in coinbases search for new assets. Nano is up 33% in one week

Update: Nano will not be included in coinbases search for new assets. Nano is up 33% in one week

By YoDaChronMan96 | ChronsPlace | 11 Jun 2020


Nano, formerly known as RaiBlocks has had an amzing week being up 33% is this a pump and dump or is it here to last? The last action this coin saw was may 2018 and it was another sell off. Ever since it has seen its all time high of $29.65 it has been on a steady sell of since with minor bumps in volume and price, nothing in comparison of its early days. Yes, it offers quick transaction times and basically free transactions but what else does it have to offer? at this point in its life it should stay with its current model and be an unofficial stablecoin. 

Not giving nano a bad name its doing as exactly as it was intended blockchain scalability, fast transactions, minimum fees possible, its a good stable currency with a good track record of staying around the same price with no critical sell offs except for in January 2018 when it saw its first massive sell off. They are coming out with new implementations for their coin by partnering with WhatsApp for a tipping service, this could give them a nice little bump in price. Plus with the new version of flappy bird where you can earn nano tokens its looking like their recent price increase could stay giving their investors a nice return on their initial investment. You cant forget about Brave implementing a crypto widget for Nano making purchases of the coin a whole lot easier for the everyday user. All in all its a solid investment for the future, they haven't saturated the market with billions of coins making it impossible for them to ever achieve a decent price and market cap.

 

quick little update: with coinbase on the hunt for new currencies to add to their short but growing list Nano got slashed from the list of looked at currencies. Will they add DGB instead? If they do they will have to have some explaining on their part for that odd choice.

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